Fox Run Management L.l.c. adds Hertz Global Holdings Inc (HTZ) to its portfolio

Hertz Global Holdings Inc (HTZ) : Fox Run Management L.l.c. added new position in Hertz Global Holdings Inc during the most recent quarter end. The investment management firm now holds 16,400 shares of Hertz Global Holdings Inc which is valued at $840,500 , the company said in a statement filed on Jul 18, 2016 with the SEC.Hertz Global Holdings Inc makes up approximately 0.39% of Fox Run Management L.l.c.’s portfolio.

Other Hedge Funds, Including , Carroll Financial Associates added HTZ to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $10,250. Regent Investment Management added HTZ to its portfolio by purchasing 18,225 company shares during the most recent quarter which is valued at $929,657. Hertz Global Holdings Inc makes up approx 0.49% of Regent Investment Management’s portfolio. Creative Planning added HTZ to its portfolio by purchasing 105 company shares during the most recent quarter which is valued at $5,264.

Hertz Global Holdings Inc opened for trading at $50.37 and hit $51.5 on the upside on Wednesday, eventually ending the session at $51.25, with a gain of 1.75% or 0.88 points. The heightened volatility saw the trading volume jump to 6,28,157 shares. Company has a market cap of $4,352 M.

On the company’s financial health, Hertz Global Holdings Inc reported $-0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on May 9, 2016. Analyst had a consensus of $0.01. The company had revenue of $2311.00 million for the quarter, compared to analysts expectations of $2368.71 million. The company’s revenue was down -5.8 % compared to the same quarter last year.

Many Wall Street Analysts have commented on Hertz Global Holdings Inc. Company shares were Reiterated by MKM Partners on Jul 1, 2016 to “Buy”, Firm has raised the Price Target to $ 68 from a previous price target of $16 .Company shares were Reiterated by Deutsche Bank on Jul 1, 2016 to “Buy”, Firm has raised the Price Target to $ 76 from a previous price target of $16 .

Hertz Global Holdings Inc. is a holding company. The Company operates car rental business through its Hertz Dollar Thrifty and Firefly brands. The Company’s operating segments are U.S. Car Rental International Car Rental Worldwide Equipment Rental and All Other Operations. As of December 31 2014 the Company operated 10880 corporate and franchisee locations in North America Europe Latin and South America Asia Australia Africa the Middle East and New Zealand. Its brands maintain separate airport counters reservations and reservation systems marketing and all other customer contact activities. Its Hertz brand has approximately 9395 corporate and franchisee locations in 145 countries. Its Dollar and Thrifty brands combined have approximately 1380 corporate and franchisee locations in 77 countries and Firefly brand has approximately 105 corporate and franchisee locations in 12 countries. Its equipment rental business is operated through the Hertz Equipment Rental brand.

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