Yacktman Asset Management LP Sells 3,583 Shares of AMERCO (NASDAQ:UHAL)

Yacktman Asset Management LP lowered its position in shares of AMERCO (NASDAQ:UHAL) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 174,912 shares of the transportation company’s stock after selling 3,583 shares during the quarter. AMERCO comprises 0.8% of Yacktman Asset Management LP’s investment portfolio, making the stock its 24th biggest holding. Yacktman Asset Management LP owned about 0.89% of AMERCO worth $66,213,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UHAL. Dimensional Fund Advisors LP boosted its position in shares of AMERCO by 4.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 460,746 shares of the transportation company’s stock worth $151,180,000 after purchasing an additional 19,452 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of AMERCO by 19.5% during the 2nd quarter. Janus Henderson Group PLC now owns 101,876 shares of the transportation company’s stock worth $38,565,000 after purchasing an additional 16,655 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of AMERCO by 19.9% during the 4th quarter. Geode Capital Management LLC now owns 98,234 shares of the transportation company’s stock worth $32,214,000 after purchasing an additional 16,333 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of AMERCO by 19.9% during the 1st quarter. California Public Employees Retirement System now owns 62,210 shares of the transportation company’s stock worth $23,112,000 after purchasing an additional 10,322 shares in the last quarter. Finally, Swiss National Bank boosted its position in shares of AMERCO by 13.7% during the 2nd quarter. Swiss National Bank now owns 55,470 shares of the transportation company’s stock worth $20,998,000 after purchasing an additional 6,700 shares in the last quarter. 37.87% of the stock is currently owned by institutional investors and hedge funds.

Shares of UHAL traded up $1.22 on Friday, reaching $348.51. The company’s stock had a trading volume of 1,450 shares, compared to its average volume of 49,279. The company has a current ratio of 1.78, a quick ratio of 1.93 and a debt-to-equity ratio of 1.11. AMERCO has a twelve month low of $316.00 and a twelve month high of $403.92. The stock has a market capitalization of $6.92 billion, a PE ratio of 17.85 and a beta of 0.71. The firm has a fifty day moving average of $373.35 and a 200-day moving average of $376.34.

AMERCO (NASDAQ:UHAL) last posted its earnings results on Wednesday, August 7th. The transportation company reported $6.76 earnings per share for the quarter, missing the Zacks’ consensus estimate of $8.14 by ($1.38). The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. AMERCO had a return on equity of 9.69% and a net margin of 9.81%. The company’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.53 EPS. As a group, equities analysts anticipate that AMERCO will post 20.08 EPS for the current fiscal year.

A number of equities research analysts recently weighed in on UHAL shares. TheStreet upgraded shares of AMERCO from a “c+” rating to a “b-” rating in a report on Thursday, May 16th. ValuEngine lowered shares of AMERCO from a “buy” rating to a “hold” rating in a report on Tuesday, July 9th. Finally, BidaskClub lowered shares of AMERCO from a “hold” rating to a “sell” rating in a report on Friday, August 9th.

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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