Amerco (NASDAQ:UHAL) Stock Sentiment Worsens

May 17, 2018 - By Harriett Tippett

Sentiment for Amerco (NASDAQ:UHAL)

Amerco (NASDAQ:UHAL) institutional sentiment decreased to 1.19 in 2017 Q4. Its down -0.03, from 1.22 in 2017Q3. The ratio turned negative, as 107 institutional investors increased or started new positions, while 90 cut down and sold their holdings in Amerco. The institutional investors in our partner’s database reported: 6.46 million shares, up from 5.67 million shares in 2017Q3. Also, the number of institutional investors holding Amerco in their top 10 positions was flat from 6 to 6 for the same number . Sold All: 26 Reduced: 64 Increased: 64 New Position: 43.

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 $6.98 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 8.83 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 increased 0.46% or $1.62 during the last trading session, reaching $355.97. About 26,774 shares traded. AMERCO (NASDAQ:UHAL) has declined 10.74% since May 17, 2017 and is downtrending. It has underperformed by 22.29% the S&P500.

Analysts await AMERCO (NASDAQ:UHAL) to report earnings on May, 23. They expect $0.66 EPS, up 34.69 % or $0.17 from last year’s $0.49 per share. UHAL’s profit will be $12.94 million for 134.84 P/E if the $0.66 EPS becomes a reality. After $2.34 actual EPS reported by AMERCO for the previous quarter, Wall Street now forecasts -71.79 % negative EPS growth.

Bruce & Co. Inc. holds 15.23% of its portfolio in AMERCO for 185,969 shares. Wilen Investment Management Corp. owns 38,331 shares or 9.35% of their US portfolio. Moreover, Tahithromos L.L.C. has 7.94% invested in the company for 16,307 shares. The Massachusetts-based Abrams Capital Management L.P. has invested 5.02% in the stock. Banbury Partners Llc, a North Carolina-based fund reported 48,000 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $76,232 activity.

More important recent AMERCO (NASDAQ:UHAL) news were published by: Prnewswire.com which released: “AMERCO Schedules Fourth Quarter Fiscal Year End 2018 Financial Results Release and Investor Webcast” on May 17, 2018, also Seekingalpha.com published article titled: “Ryder System – Good Dividend, Bad Industry”, Gurufocus.com published: “Yacktman Asset Management Buys U-Haul Parent in 1st Quarter” on May 09, 2018. More interesting news about AMERCO (NASDAQ:UHAL) was released by: Globenewswire.com and their article: “Market Trends Toward New Normal in Container Store, OUTFRONT Media, SpartanNash, Amerco, Simpson …” with publication date: April 23, 2018.

AMERCO (NASDAQ:UHAL) Institutional Positions Chart

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