AdvisorNet Financial Inc Has $53,000 Stock Position in AMERCO (NASDAQ:UHAL)

AdvisorNet Financial Inc lifted its stake in AMERCO (NASDAQ:UHALGet Rating) by 37.5% in the second quarter, HoldingsChannel reports. The firm owned 110 shares of the transportation company’s stock after purchasing an additional 30 shares during the period. AdvisorNet Financial Inc’s holdings in AMERCO were worth $53,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quent Capital LLC acquired a new position in shares of AMERCO in the 4th quarter valued at $70,000. Sugarloaf Wealth Management LLC acquired a new stake in AMERCO during the 1st quarter worth about $60,000. JJJ Advisors Inc. boosted its position in AMERCO by 36.6% during the 1st quarter. JJJ Advisors Inc. now owns 138 shares of the transportation company’s stock worth $82,000 after acquiring an additional 37 shares during the period. Point72 Hong Kong Ltd acquired a new stake in AMERCO during the 4th quarter worth about $105,000. Finally, MetLife Investment Management LLC acquired a new stake in AMERCO during the 1st quarter worth about $107,000.

Analysts Set New Price Targets

Separately, StockNews.com lowered AMERCO from a “buy” rating to a “hold” rating in a research report on Friday, August 12th.

AMERCO Trading Down 2.6 %

Shares of NASDAQ UHAL opened at $506.20 on Friday. AMERCO has a one year low of $447.92 and a one year high of $769.90. The firm has a market capitalization of $9.93 billion, a PE ratio of 8.93 and a beta of 0.94. The company has a current ratio of 5.14, a quick ratio of 4.91 and a debt-to-equity ratio of 1.00. The business has a 50-day moving average price of $535.20 and a two-hundred day moving average price of $532.01.

AMERCO Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, September 20th. Stockholders of record on Tuesday, September 6th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 2nd.

About AMERCO

(Get Rating)

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.

Further Reading

Want to see what other hedge funds are holding UHAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMERCO (NASDAQ:UHALGet Rating).

Institutional Ownership by Quarter for AMERCO (NASDAQ:UHAL)

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