AMERCO (NASDAQ:UHAL) is Wilen Investment Management CORP.’s 2nd Largest Position

Wilen Investment Management CORP. decreased its holdings in AMERCO (NASDAQ:UHAL) by 2.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,791 shares of the transportation company’s stock after selling 890 shares during the period. AMERCO accounts for about 9.9% of Wilen Investment Management CORP.’s portfolio, making the stock its 2nd biggest holding. Wilen Investment Management CORP.’s holdings in AMERCO were worth $13,064,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UHAL. Parametrica Management Ltd lifted its position in shares of AMERCO by 58.1% in 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. lifted its position in shares of AMERCO by 0.7% in 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 lifted its position in shares of AMERCO by 19.9% in 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 lifted its position in shares of AMERCO by 209.5% in 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 lifted its position in shares of AMERCO by 4.3% in 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 hedge funds and other institutional investors.

Shares of NASDAQ:UHAL traded down $0.33 during mid-day trading on Friday, reaching $387.70. The stock had a trading volume of 627 shares, compared to its average volume of 74,543. The company has a current ratio of 2.11, a quick ratio of 1.93 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $7.50 billion, a P/E ratio of 19.86 and a beta of 0.76. AMERCO has a 1 year low of $316.00 and a 1 year high of $403.92.

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

A number of research firms recently commented on UHAL. BidaskClub upgraded AMERCO from a “sell” rating to a “hold” rating in a research report on Saturday, May 4th. ValuEngine downgraded AMERCO from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. Finally, TheStreet upgraded AMERCO from a “c+” rating to a “b-” rating in a research report on Thursday, May 16th.

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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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