ValuEngine cut shares of AMERCO (NASDAQ:UHAL) from a buy rating to a hold rating in a report released on Tuesday morning, ValuEngine reports.

Several other brokerages have also recently commented on UHAL. TheStreet upgraded shares of ZTO Express (Cayman) from a c+ rating to a b rating in a research note on Thursday, May 16th. BidaskClub upgraded shares of Zebra Technologies from a hold rating to a buy rating in a research note on Saturday, July 6th.

Shares of AMERCO stock opened at $379.30 on Tuesday. The stock has a 50 day moving average price of $382.08. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.93 and a current ratio of 2.11. AMERCO has a 52-week low of $316.00 and a 52-week high of $403.92. The stock has a market cap of $7.30 billion, a P/E ratio of 19.43 and a beta of 0.73.

AMERCO (NASDAQ:UHAL) last issued its quarterly earnings data on Wednesday, May 29th. The transportation company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.84) by $0.88. AMERCO had a net margin of 9.84% and a return on equity of 9.81%. The firm had revenue of $725.53 million for the quarter, compared to the consensus estimate of $789.23 million. During the same quarter in the previous year, the firm earned $0.56 EPS. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. As a group, equities research analysts expect that AMERCO will post 21.85 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Parametrica Management Ltd grew its holdings in shares of AMERCO by 58.1% during the first quarter. Parametrica Management Ltd now owns 1,167 shares of the transportation company’s stock worth $434,000 after buying an additional 429 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of AMERCO by 0.7% during the fourth quarter. Principal Financial Group Inc. now owns 406,449 shares of the transportation company’s stock worth $133,361,000 after buying an additional 2,917 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of AMERCO by 19.9% during the fourth quarter. Geode Capital Management LLC now owns 98,234 shares of the transportation company’s stock worth $32,214,000 after buying an additional 16,333 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of AMERCO by 209.5% during the fourth quarter. Jane Street Group LLC now owns 2,030 shares of the transportation company’s stock worth $666,000 after buying an additional 1,374 shares in the last quarter. Finally, California State Teachers Retirement System grew its holdings in shares of AMERCO by 4.3% during the fourth quarter. California State Teachers Retirement System now owns 13,073 shares of the transportation company’s stock worth $4,289,000 after buying an additional 535 shares in the last quarter. 37.89% of the stock is owned by institutional investors and hedge funds.

AMERCO Company Profile

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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