19 hours Ago By ABMN Staff
Charles Schwab Investment Management Inc. lessened its holdings in shares of Herc Holdings Inc. ( NYSE:HRI – Free Report ) by 0.
2% during the fourth quarter, HoldingsChannel reports. The fund owned 394,516 shares of the transportation company’s stock after selling 713 shares during the period. Charles Schwab Investment Management Inc.
’s holdings in Herc were worth $74,694,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also recently bought and sold shares of HRI. Jones Financial Companies Lllp grew its holdings in Herc by 878.
9% during the fourth quarter. Jones Financial Companies Lllp now owns 186 shares of the transportation company’s stock worth $35,000 after acquiring an additional 167 shares during the period. Covestor Ltd grew its holdings in Herc by 70.
4% during the third quarter. Covestor Ltd now owns 322 shares of the transportation company’s stock worth $51,000 after acquiring an additional 133 shares during the period. Farther Finance Advisors LLC grew its holdings in Herc by 369.
9% during the third quarter. Farther Finance Advisors LLC now owns 343 shares of the transportation company’s stock worth $55,000 after acquiring an additional 270 shares during the period. Truvestments Capital LLC acquired a new position in Herc during the third quarter worth $80,000.
Finally, KBC Group NV grew its holdings in Herc by 20.1% during the third quarter. KBC Group NV now owns 854 shares of the transportation company’s stock worth $136,000 after acquiring an additional 143 shares during the period.
Institutional investors and hedge funds own 93.11% of the company’s stock. Herc Stock Down 4.
4 % Herc stock opened at $125.75 on Tuesday. The company has a debt-to-equity ratio of 2.
99, a quick ratio of 1.38 and a current ratio of 1.38.
The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 16.97, a price-to-earnings-growth ratio of 1.
61 and a beta of 2.14. Herc Holdings Inc.
has a fifty-two week low of $123.64 and a fifty-two week high of $246.88.
The stock’s fifty day moving average is $183.65 and its two-hundred day moving average is $184.94.
Herc Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a $0.70 dividend.
This is an increase from Herc’s previous quarterly dividend of $0.67. This represents a $2.
80 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend was Tuesday, February 18th.
Herc’s dividend payout ratio is currently 37.79%. Analyst Ratings Changes Separately, The Goldman Sachs Group upped their price objective on Herc from $204.
00 to $234.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock.
According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $219.75. Read Our Latest Analysis on Herc Herc Profile ( Free Report ) Herc Holdings Inc, together with its subsidiaries, operates as an equipment rental supplier.
It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment. Further Reading Want to see what other hedge funds are holding HRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Herc Holdings Inc.
( NYSE:HRI – Free Report ). Receive News & Ratings for Herc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Herc and related companies with MarketBeat.com's FREE daily email newsletter .
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