Stevens Capital Management LP Purchases New Stake in AMERCO (UHAL)

Stevens Capital Management LP purchased a new stake in AMERCO (NASDAQ:UHAL) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,865 shares of the transportation company’s stock, valued at approximately $1,064,000.

Other hedge funds have also modified their holdings of the company. Cornerstone Advisors Inc. acquired a new position in shares of AMERCO during the fourth quarter worth about $29,000. Quantamental Technologies LLC acquired a new position in shares of AMERCO during the fourth quarter worth about $32,000. Robeco Institutional Asset Management B.V. acquired a new position in shares of AMERCO during the first quarter worth about $124,000. ETF Managers Group LLC increased its stake in shares of AMERCO by 15.6% during the fourth quarter. ETF Managers Group LLC now owns 377 shares of the transportation company’s stock worth $124,000 after acquiring an additional 51 shares during the period. Finally, Advisor Group Inc. increased its stake in shares of AMERCO by 157.7% during the fourth quarter. Advisor Group Inc. now owns 451 shares of the transportation company’s stock worth $147,000 after acquiring an additional 276 shares during the period. 37.64% of the stock is owned by institutional investors.

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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 42.60% of the company’s stock.



A number of research analysts have recently issued reports on the stock. BidaskClub upgraded shares of AMERCO from a “hold” rating to a “buy” rating in a research note on Tuesday. ValuEngine upgraded shares of AMERCO from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Finally, TheStreet lowered shares of AMERCO from a “b” rating to a “c+” rating in a research note on Monday, March 25th.

Shares of UHAL opened at $393.84 on Thursday. The company has a current ratio of 2.80, a quick ratio of 2.62 and a debt-to-equity ratio of 1.03. AMERCO has a twelve month low of $316.00 and a twelve month high of $399.30. The stock has a market cap of $7.61 billion, a price-to-earnings ratio of 25.09 and a beta of 0.82.

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AMERCO Company Profile

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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