Amerco Stock as Institutional Investors Exit

Sentiment for Amerco (NASDAQ:UHAL)

Amerco (NASDAQ:UHAL) institutional sentiment decreased to 1.14 in Q3 2018. Its down -0.81, from 1.95 in 2018Q2. The ratio turned negative, as 90 funds increased and started new positions, while 79 sold and reduced stock positions in Amerco. The funds in our partner’s database reported: 6.89 million shares, down from 6.93 million shares in 2018Q2. Also, the number of funds holding Amerco in their top 10 positions decreased from 5 to 4 for a decrease of 1. Sold All: 16 Reduced: 63 Increased: 66 New Position: 24.

AMERCO operates as a ‘do-it-yourself’ moving and storage operator for household and commercial goods in the United States and Canada. The company has market cap of $6.78 billion. 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. It has a 8.15 P/E ratio. This segment also provides uhaul.com, an online marketplace that connects clients to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies.

The stock increased 1.14% or $3.91 during the last trading session, reaching $345.61. About 35,130 shares traded. AMERCO (NASDAQ:UHAL) has declined 7.52% since January 12, 2018 and is downtrending. It has underperformed by 7.52% the S&P500.

Analysts await AMERCO (NASDAQ:UHAL) to report earnings on February, 6. They expect $3.36 earnings per share, up 43.59 % or $1.02 from last year’s $2.34 per share. UHAL’s profit will be $65.89M for 25.72 P/E if the $3.36 EPS becomes a reality. After $8.35 actual earnings per share reported by AMERCO for the previous quarter, Wall Street now forecasts -59.76 % negative EPS growth.

Bruce & Co. Inc. holds 12.41% of its portfolio in AMERCO for 179,610 shares. Wilen Investment Management Corp. owns 36,871 shares or 8.67% of their US portfolio. Moreover, Abrams Capital Management L.P. has 5.43% invested in the company for 576,045 shares. The Wisconsin-based Reinhart Partners Inc. has invested 3.09% in the stock. National Investment Services Inc Wi, a Wisconsin-based fund reported 5,208 shares.

Since January 1, 0001, it had 1 insider buy, and 1 insider sale for $48,266 activity.

More notable recent AMERCO (NASDAQ:UHAL) news were published by: Finance.Yahoo.com which released: “Hedge Funds Are Buying TIM Participacoes SA (TSU) – Yahoo! Finance News” on December 19, 2018, also Seekingalpha.com with their article: “AMERCO (UHAL) Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” published on August 10, 2018, Seekingalpha.com published: “Why I Passed On U-Haul’s Parent Company – Seeking Alpha” on November 30, 2017. More interesting news about AMERCO (NASDAQ:UHAL) were released by: Seekingalpha.com and their article: “Early Retirement Planning – Stable Income With The U-Haul Investors Club – Seeking Alpha” published on June 08, 2018 as well as Fool.com‘s news article titled: “U-Haul Parent Company’s Operating Income and Earnings Get Back on the Growth Track – Motley Fool” with publication date: November 13, 2018.

AMERCO (NASDAQ:UHAL) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.