Par Capital Management Inc Now Owns 5,888,576 Shares In Hertz Global Holdings, Inc. (HTZ)

Hertz Global Holdings, Inc. (NYSE:HTZ) is at least 16.38% than its current record low price of $12.70. There was a 5.87% gain on 07/30/2018 that led the price to move at $14.78. At recent session, the prices were hovering between $14.03 and $15.43. This company shares are 43.03% off its target price of $21.14 and the current market capitalization stands at $1.27B. The recent change has given its price a -7.76% deficit over SMA 50 and -45.8% deficit over its 52-week high. The stock witnessed -3.9% declines, -32.51% declines and -38.37% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HTZ’s volatility during a week at 5.4% and during a month it has been found around 5.59%.

Hertz Global Holdings, Inc. (HTZ) Top Holders

Institutional investors currently hold around $1.43 billion or 0% in HTZ stock. Look at its top three institutional owners. Icahn Carl C owns $408.52 million in Hertz Global Holdings, Inc., which represents roughly 32.17% of the company’s market cap and approximately 28.57% of the institutional ownership. Similar statistics are true for the second largest owner, Par Capital Management Inc, which owns 5,888,576 shares of the stock are valued at $82.21 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $79.97 million worth of this stock and that ownership represents nearly 6.3% of its market capitalization.

Hertz Global Holdings, Inc. 13F Filings

At the end of March reporting period, 83 institutional holders increased their position in Hertz Global Holdings, Inc. (NYSE:HTZ) by some 10,544,349 shares, 97 decreased positions by 9,842,306 and 28 held positions by 82,021,866. That puts total institutional holdings at 102,408,521 shares, according to SEC filings. The stock grabbed 30 new institutional investments totaling 2,085,406 shares while 38 institutional investors sold out their entire positions totaling 3,335,595 shares.

Hertz Global Holdings, Inc. (HTZ) Analyst Guide

Several analysts have released their opinion on Hertz Global Holdings, Inc. (NYSE:HTZ), with 1 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 3 average brokerage recommendation.