General Finance Co. Common Stock (GFN) Major Shareholder Buys $179,250.00 in Stock

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General Finance Co. Common Stock (NASDAQ:GFN) major shareholder Leeann R. Havner acquired 15,000 shares of the company’s stock in a transaction dated Wednesday, June 20th. The stock was acquired at an average price of $11.95 per share, for a total transaction of $179,250.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of General Finance Co. Common Stock opened at $13.55 on Friday, according to MarketBeat Ratings. General Finance Co. Common Stock has a 12-month low of $4.55 and a 12-month high of $13.70. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.12 and a current ratio of 1.56. The stock has a market cap of $359.88 million, a P/E ratio of -54.20 and a beta of 1.16.

General Finance Co. Common Stock (NASDAQ:GFN) last issued its quarterly earnings results on Wednesday, May 9th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.06). General Finance Co. Common Stock had a return on equity of 0.19% and a net margin of 0.07%. The firm had revenue of $84.42 million for the quarter, compared to analyst estimates of $76.30 million. analysts anticipate that General Finance Co. Common Stock will post -0.04 EPS for the current fiscal year.

A number of equities analysts have recently commented on GFN shares. ValuEngine upgraded General Finance Co. Common Stock from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research lowered General Finance Co. Common Stock from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 16th. Finally, DA Davidson set a $13.00 price objective on General Finance Co. Common Stock and gave the stock a “buy” rating in a research note on Thursday, May 10th. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. General Finance Co. Common Stock presently has an average rating of “Buy” and a consensus price target of $14.00.

A number of institutional investors and hedge funds have recently modified their holdings of GFN. Weil Company Inc. acquired a new stake in General Finance Co. Common Stock during the fourth quarter valued at approximately $107,000. Monashee Investment Management LLC acquired a new stake in General Finance Co. Common Stock during the fourth quarter valued at approximately $171,000. Deutsche Bank AG boosted its holdings in General Finance Co. Common Stock by 118.5% during the fourth quarter. Deutsche Bank AG now owns 31,246 shares of the business services provider’s stock valued at $212,000 after purchasing an additional 16,944 shares in the last quarter. Millennium Management LLC acquired a new stake in General Finance Co. Common Stock during the fourth quarter valued at approximately $265,000. Finally, Renaissance Technologies LLC boosted its holdings in General Finance Co. Common Stock by 83.3% during the fourth quarter. Renaissance Technologies LLC now owns 134,000 shares of the business services provider’s stock valued at $911,000 after purchasing an additional 60,900 shares in the last quarter. Hedge funds and other institutional investors own 21.53% of the company’s stock.

General Finance Co. Common Stock Company Profile

General Finance Corporation, a specialty rental services company, provides portable storage, modular space, and liquid containment solutions in North America and the Asia-Pacific regions. Its portable storage products include storage containers used in classroom equipment storage, construction equipment and tool storage, disaster shelters, landscaping sheds, recreational equipment storage, and retail inventory storage applications; and freight containers used in freight transportation by road and rail.

Insider Buying and Selling by Quarter for General Finance Co. Common Stock (NASDAQ:GFN)

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