Yacktman Fund Comments on Amerco

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Dec 15, 2022
  • A top performer, but steeply discounted.
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AMERCO’s (UHAL, Financial) stock performed well in the third quarter but remains steeply discounted. The company is the U.S. leader in do-it-yourself moving and has built a valuable public storage business that largely gets ignored. Recently, the company announced a name change to U-Haul, a stock split, and is studying additional ways to have the share price more reflective of the value of the businesses.

From the Yacktman Fund (Trades, Portfolio)'s third-quarter 2022 commentary.

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