Amerco (NASDAQ:UHAL) shares gapped up prior to trading on Friday . The stock had previously closed at $378.51, but opened at $379.11. Amerco shares last traded at $388.36, with a volume of 17,976 shares trading hands.

The company has a market cap of $7.56 billion and a PE ratio of 15.46. The firm’s 50-day moving average price is $371.79 and its 200-day moving average price is $357.45.

Amerco (NASDAQ:UHAL) last issued its quarterly earnings results on Wednesday, May 25th. The company reported $2.68 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $3.14 by $0.46. The company had revenue of $683.19 million for the quarter, compared to the consensus estimate of $659 million. Amerco’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $2.43 EPS. On average, equities analysts anticipate that Amerco will post $26.40 EPS for the current year.

In related news, major shareholder James P. Shoen sold 30,000 shares of the stock in a transaction dated Thursday, June 30th. The shares were sold at an average price of $375.28, for a total value of $11,258,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel Robert Mullen sold 2,000 shares of the stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $367.00, for a total transaction of $734,000.00. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have modified their holdings of UHAL. California State Teachers Retirement System raised its position in shares of Amerco by 1.1% in the fourth quarter. California State Teachers Retirement System now owns 13,703 shares of the company’s stock valued at $5,337,000 after buying an additional 150 shares during the last quarter. Chicago Equity Partners LLC raised its position in shares of Amerco by 7.5% in the fourth quarter. Chicago Equity Partners LLC now owns 3,580 shares of the company’s stock valued at $1,394,000 after buying an additional 250 shares during the last quarter. Freestone Capital Holdings LLC raised its position in shares of Amerco by 1.4% in the fourth quarter. Freestone Capital Holdings LLC now owns 53,474 shares of the company’s stock valued at $20,828,000 after buying an additional 745 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Amerco by 25.2% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 4,025 shares of the company’s stock valued at $1,568,000 after buying an additional 810 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Amerco by 2.8% in the fourth quarter. California Public Employees Retirement System now owns 41,000 shares of the company’s stock valued at $15,970,000 after buying an additional 1,100 shares during the last quarter.

AMERCO is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc (U-Haul). The Company supplies products and services to help people move and store their household and commercial goods. It operates through three segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance.

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