Oppenheimer Asset Management Inc. Has $2.11 Million Position in AMERCO (UHAL)

Oppenheimer Asset Management Inc. boosted its position in AMERCO (NASDAQ:UHAL) by 12.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,682 shares of the transportation company’s stock after purchasing an additional 613 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in AMERCO were worth $2,111,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in UHAL. Vanguard Group Inc lifted its stake in AMERCO by 1.9% in the third quarter. Vanguard Group Inc now owns 672,973 shares of the transportation company’s stock valued at $240,017,000 after acquiring an additional 12,683 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of AMERCO by 1.9% in the third quarter. Vanguard Group Inc. now owns 672,973 shares of the transportation company’s stock worth $240,017,000 after buying an additional 12,683 shares during the last quarter. BlackRock Inc. lifted its stake in shares of AMERCO by 29.9% in the fourth quarter. BlackRock Inc. now owns 495,926 shares of the transportation company’s stock worth $162,718,000 after buying an additional 114,030 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of AMERCO by 4.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 460,746 shares of the transportation company’s stock worth $151,180,000 after buying an additional 19,452 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of AMERCO by 3.1% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 442,869 shares of the transportation company’s stock worth $145,310,000 after buying an additional 13,413 shares during the last quarter. Institutional investors own 37.64% of the company’s stock.

Several equities analysts recently commented on the stock. TheStreet lowered shares of AMERCO from a “b” rating to a “c+” rating in a report on Monday, March 25th. ValuEngine raised shares of AMERCO from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. Finally, BidaskClub lowered shares of AMERCO from a “hold” rating to a “sell” rating in a report on Tuesday, March 26th.

Shares of UHAL traded down $3.70 during trading hours on Wednesday, hitting $388.42. The stock had a trading volume of 53,282 shares, compared to its average volume of 39,328. AMERCO has a 52 week low of $316.00 and a 52 week high of $403.92. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.62 and a current ratio of 2.80. The firm has a market cap of $7.62 billion, a price-to-earnings ratio of 24.74 and a beta of 0.82.

In other AMERCO news, General Counsel Respino Laurence J. De sold 86 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $375.20, for a total transaction of $32,267.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 42.60% of the company’s stock.

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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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