Institutional Investors Sentiment Indicator of Amerco (NASDAQ:UHAL) Improves in 2018 Q2

Sentiment for Amerco (NASDAQ:UHAL)

Amerco (NASDAQ:UHAL) institutional sentiment increased to 1.95 in Q2 2018. Its up 0.45, from 1.5 in 2018Q1. The ratio has improved, as 119 active investment managers increased or started new holdings, while 61 cut down and sold their stakes in Amerco. The active investment managers in our partner’s database now own: 6.93 million shares, up from 6.85 million shares in 2018Q1. Also, the number of active investment managers holding Amerco in their top 10 holdings decreased from 7 to 5 for a decrease of 2. Sold All: 19 Reduced: 42 Increased: 95 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 $6.66 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 8.01 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 decreased 0.10% or $0.33 during the last trading session, reaching $339.75. About 30,858 shares traded. AMERCO (NASDAQ:UHAL) has declined 7.73% since December 6, 2017 and is downtrending. It has underperformed by 23.35% the S&P500.

Analysts await AMERCO (NASDAQ:UHAL) to report earnings on February, 6. They expect $3.36 EPS, up 43.59 % or $1.02 from last year’s $2.34 per share. UHAL’s profit will be $65.88 million for 25.28 P/E if the $3.36 EPS becomes a reality. After $8.35 actual EPS reported by AMERCO for the previous quarter, Wall Street now forecasts -59.76 % negative EPS growth.

Bruce & Co. Inc. holds 13.2% of its portfolio in AMERCO for 186,119 shares. Wilen Investment Management Corp. owns 37,401 shares or 8.96% of their US portfolio. Moreover, Abrams Capital Management L.P. has 5.71% invested in the company for 576,045 shares. The Wisconsin-based Reinhart Partners Inc. has invested 3.23% in the stock. Denali Advisors Llc, a California-based fund reported 39,900 shares.

Since January 1, 0001, it had 1 insider purchase, and 2 sales for $814,132 activity.

More notable recent AMERCO (NASDAQ:UHAL) news were published by: Seekingalpha.com which released: “Why I Passed On U-Haul’s Parent Company – Seeking Alpha” on November 30, 2017, also Nasdaq.com with their article: “Ryder System, Inc. (R) Ex-Dividend Date Scheduled for November 16, 2018 – Nasdaq” published on November 15, 2018, Fool.com published: “U-Haul Parent Amerco Posts an Adjusted Earnings Loss – Motley Fool” on May 31, 2018. More interesting news about AMERCO (NASDAQ:UHAL) were released by: Fool.com and their article: “U-Haul Parent Company’s Operating Income and Earnings Get Back on the Growth Track – Motley Fool” published on November 13, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For November 7, 2018 – Benzinga” with publication date: November 07, 2018.

AMERCO (NASDAQ:UHAL) Institutional Positions Chart

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