Amerco (NASDAQ:UHAL) has been assigned a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the stock, Zacks Investment Research reports.

Analysts have set a twelve-month consensus price objective of $405.00 for the company and are expecting that the company will post $7.18 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Amerco an industry rank of 162 out of 265 based on the ratings given to related companies.

Separately, BidaskClub upgraded Amerco from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st.

In other news, major shareholder Grove Holdings Lp Willow acquired 2,000 shares of the business’s stock in a transaction on Tuesday, May 30th. The stock was bought at an average cost of $352.87 per share, for a total transaction of $705,740.00. Following the purchase, the insider now owns 7,562,884 shares in the company, valued at $2,668,714,877.08. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 42.60% of the stock is currently owned by insiders.

Several large investors have recently bought and sold shares of the stock. Riverhead Capital Management LLC raised its stake in Amerco by 63.2% in the second quarter. Riverhead Capital Management LLC now owns 310 shares of the transportation company’s stock worth $114,000 after buying an additional 120 shares during the period. Watermark Asset Management Inc. bought a new stake in Amerco during the first quarter worth about $124,000. Citigroup Inc. bought a new stake in Amerco during the second quarter worth about $145,000. Macquarie Group Ltd. bought a new stake in Amerco during the fourth quarter worth about $148,000. Finally, UBS Group AG raised its stake in Amerco by 98.4% in the first quarter. UBS Group AG now owns 508 shares of the transportation company’s stock worth $194,000 after buying an additional 252 shares during the period. Institutional investors and hedge funds own 30.01% of the company’s stock.

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Shares of Amerco (NASDAQ:UHAL) traded down 3.96% during trading on Thursday, reaching $358.80. The company had a trading volume of 114,047 shares. The company has a market capitalization of $7.03 billion, a PE ratio of 18.62 and a beta of 1.10. The stock’s 50-day moving average price is $372.62 and its 200-day moving average price is $369.91. Amerco has a 52 week low of $307.80 and a 52 week high of $398.94.

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

The company also recently disclosed a special dividend, which was paid on Thursday, August 3rd. Shareholders of record on Thursday, July 20th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, July 18th.

Amerco Company Profile

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.

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