Susquehanna International Group LLP purchased a new position in shares of Amerco (NASDAQ:UHAL) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,845 shares of the transportation company’s stock, valued at approximately $2,506,000.

Several other institutional investors have also recently modified their holdings of the company. Amalgamated Bank lifted its holdings in shares of Amerco by 3.4% during the 2nd quarter. Amalgamated Bank now owns 919 shares of the transportation company’s stock worth $336,000 after acquiring an additional 30 shares during the period. Tredje AP fonden lifted its holdings in shares of Amerco by 2.4% during the 2nd quarter. Tredje AP fonden now owns 2,057 shares of the transportation company’s stock worth $753,000 after acquiring an additional 48 shares during the period. US Bancorp DE lifted its holdings in shares of Amerco by 4.4% during the 2nd quarter. US Bancorp DE now owns 1,176 shares of the transportation company’s stock worth $431,000 after acquiring an additional 50 shares during the period. Investment House LLC lifted its holdings in shares of Amerco by 6.3% during the 2nd quarter. Investment House LLC now owns 845 shares of the transportation company’s stock worth $309,000 after acquiring an additional 50 shares during the period. Finally, Janney Capital Management LLC lifted its holdings in shares of Amerco by 8.7% during the 2nd quarter. Janney Capital Management LLC now owns 640 shares of the transportation company’s stock worth $234,000 after acquiring an additional 51 shares during the period. 30.03% of the stock is owned by institutional investors.

A number of analysts have recently weighed in on UHAL shares. ValuEngine raised shares of Amerco from a “hold” rating to a “buy” rating in a report on Monday, September 11th. BidaskClub raised shares of Amerco from a “hold” rating to a “buy” rating in a report on Wednesday, July 5th.

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Shares of Amerco (NASDAQ:UHAL) traded up 0.10% during trading on Wednesday, reaching $363.80. 14,469 shares of the company traded hands. The stock has a market capitalization of $7.13 billion, a PE ratio of 18.88 and a beta of 1.08. Amerco has a 12-month low of $307.80 and a 12-month high of $398.94. The firm’s 50-day moving average is $373.06 and its 200-day moving average is $368.49.

Amerco (NASDAQ:UHAL) last announced its earnings results on Wednesday, August 9th. The transportation company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.46 by ($0.02). Amerco had a net margin of 10.92% and a return on equity of 12.85%. The company had revenue of $957.93 million for the quarter, compared to the consensus estimate of $943.57 million. During the same quarter in the previous year, the firm earned $7.51 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, equities analysts predict that Amerco will post $20.36 earnings per share for the current fiscal year.

About Amerco

AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites.

Institutional Ownership by Quarter for Amerco (NASDAQ:UHAL)

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