Hertz Global Holdings, Inc (NYSE:HTZ) SVP Robin Kramer sold 5,450 shares of the company’s stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $19.67, for a total value of $107,201.50. Following the transaction, the senior vice president now directly owns 5,459 shares in the company, valued at approximately $107,378.53. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Hertz Global Holdings, Inc (NYSE HTZ) traded up $0.08 during trading hours on Monday, hitting $20.47. The company had a trading volume of 2,167,807 shares, compared to its average volume of 3,860,000. The company has a debt-to-equity ratio of 9.78, a quick ratio of 1.76 and a current ratio of 1.76. Hertz Global Holdings, Inc has a 12 month low of $8.52 and a 12 month high of $27.27. The company has a market cap of $1,710.00 and a price-to-earnings ratio of 5.20.
Hertz Global (NYSE:HTZ) last released its quarterly earnings data on Tuesday, February 27th. The transportation company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.60) by ($0.17). Hertz Global had a net margin of 3.73% and a negative return on equity of 13.01%. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. sell-side analysts predict that Hertz Global Holdings, Inc will post -0.31 EPS for the current fiscal year.
Several large investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. raised its stake in shares of Hertz Global by 36.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 79,021 shares of the transportation company’s stock valued at $1,746,000 after purchasing an additional 21,067 shares during the period. Delek Group Ltd. bought a new stake in shares of Hertz Global during the 4th quarter valued at $4,537,000. MetLife Investment Advisors LLC bought a new stake in shares of Hertz Global during the 4th quarter valued at $593,000. HBK Investments L P bought a new stake in shares of Hertz Global during the 4th quarter valued at $1,360,000. Finally, Two Sigma Advisers LP increased its stake in Hertz Global by 611.8% in the 4th quarter. Two Sigma Advisers LP now owns 104,595 shares of the transportation company’s stock worth $2,312,000 after acquiring an additional 89,900 shares during the last quarter.
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About Hertz Global
Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.
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