AMERCO (UHAL) Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

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Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its position in AMERCO (NASDAQ:UHAL) by 14.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,013 shares of the transportation company’s stock after selling 500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in AMERCO were worth $989,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quantamental Technologies LLC purchased a new position in AMERCO in the fourth quarter valued at about $32,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in AMERCO by 75.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,308 shares of the transportation company’s stock valued at $757,000 after purchasing an additional 990 shares during the period. Assenagon Asset Management S.A. raised its position in AMERCO by 10.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 4,518 shares of the transportation company’s stock valued at $1,482,000 after purchasing an additional 413 shares during the period. Strs Ohio raised its position in AMERCO by 5.9% in the fourth quarter. Strs Ohio now owns 1,429 shares of the transportation company’s stock valued at $468,000 after purchasing an additional 79 shares during the period. Finally, Bank of Montreal Can raised its position in AMERCO by 63.3% in the fourth quarter. Bank of Montreal Can now owns 516 shares of the transportation company’s stock valued at $168,000 after purchasing an additional 200 shares during the period. 36.52% of the stock is owned by hedge funds and other institutional investors.

Several research firms have commented on UHAL. BidaskClub raised AMERCO from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 22nd. ValuEngine raised AMERCO from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st.

Shares of NASDAQ UHAL opened at $370.03 on Monday. AMERCO has a 1 year low of $316.00 and a 1 year high of $387.95. The stock has a market cap of $7.26 billion, a PE ratio of 23.57 and a beta of 0.83. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.95 and a current ratio of 2.80.

AMERCO (NASDAQ:UHAL) last announced its earnings results on Wednesday, February 6th. The transportation company reported $4.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.55 by $0.46. AMERCO had a return on equity of 10.27% and a net margin of 10.02%. The business had revenue of $919.09 million for the quarter, compared to analyst estimates of $866.87 million. During the same period in the previous year, the company earned $2.34 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities research analysts anticipate that AMERCO will post 17.96 earnings per share for the current year.

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About AMERCO

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.

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Institutional Ownership by Quarter for AMERCO (NASDAQ:UHAL)

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