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flag F M Investments and Fmr LLC increased their stakes in equipment rental firm Herc Holdings, despite lower earnings.

flag F M Investments LLC increased its stake in Herc Holdings Inc. by 12% in the fourth quarter, now owning 2,941 shares valued at $557,000. flag Herc Holdings, an equipment rental supplier, reported a lower-than-expected earnings per share and has a "Moderate Buy" rating from analysts with a price target of $197.20. flag Fmr LLC also boosted its holdings in Herc by 69%, owning 1,245,168 shares worth $235.7 million.

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