U-Haul Holding Company $UHAL Shares Sold by Estuary Capital Management LP

Estuary Capital Management LP decreased its holdings in U-Haul Holding Company (NYSE:UHAL) by 80.9% in the 1st quarter, HoldingsChannel reports. The firm owned 64,800 shares of the company’s stock after selling 275,052 shares during the quarter. U-Haul makes up 0.5% of Estuary Capital Management LP’s holdings, making the stock its 22nd biggest holding. Estuary Capital Management LP’s holdings in U-Haul were worth $2,895,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Deltroit Asset Management UK LLP purchased a new stake in U-Haul during the 4th quarter worth approximately $5,182,000. Two Sigma Investments LP boosted its position in U-Haul by 64.3% in the 3rd quarter. Two Sigma Investments LP now owns 174,120 shares of the company’s stock valued at $9,937,000 after buying an additional 68,150 shares during the period. ArrowMark Colorado Holdings LLC boosted its position in U-Haul by 38.0% in the 4th quarter. ArrowMark Colorado Holdings LLC now owns 217,800 shares of the company’s stock valued at $10,979,000 after buying an additional 60,000 shares during the period. Tudor Investment Corp ET AL grew its stake in shares of U-Haul by 167.3% in the third quarter. Tudor Investment Corp ET AL now owns 95,393 shares of the company’s stock worth $5,444,000 after acquiring an additional 59,699 shares in the last quarter. Finally, Trexquant Investment LP increased its position in shares of U-Haul by 219.7% during the fourth quarter. Trexquant Investment LP now owns 60,536 shares of the company’s stock worth $3,052,000 after acquiring an additional 41,599 shares during the period. Institutional investors and hedge funds own 3.63% of the company’s stock.

U-Haul Trading Up 2.2%

Shares of U-Haul stock opened at $72.97 on Tuesday. The company has a current ratio of 1.94, a quick ratio of 1.73 and a debt-to-equity ratio of 1.04. The company has a fifty day simple moving average of $62.80 and a 200-day simple moving average of $55.28. The stock has a market cap of $14.31 billion, a price-to-earnings ratio of 304.05 and a beta of 1.11. U-Haul Holding Company has a 12-month low of $41.94 and a 12-month high of $73.38.

U-Haul (NYSE:UHAL) last announced its quarterly earnings results on Wednesday, May 27th. The company reported ($0.70) EPS for the quarter, topping the consensus estimate of ($0.72) by $0.02. U-Haul had a net margin of 1.38% and a return on equity of 1.06%. The firm had revenue of $1.27 billion for the quarter. On average, equities analysts forecast that U-Haul Holding Company will post 1.32 EPS for the current fiscal year.

Analysts Set New Price Targets

UHAL has been the topic of several analyst reports. Citigroup began coverage on U-Haul in a research note on Wednesday, July 15th. They issued an “outperform” rating on the stock. Wall Street Zen downgraded U-Haul from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings raised U-Haul from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. Finally, Citizens Jmp initiated coverage on U-Haul in a research note on Wednesday, July 15th. They issued a “mkt outperform” rating and a $90.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $85.00.

U-Haul Company Profile

U-Haul (NYSE: UHAL) is a leading provider of do-it-yourself moving and storage solutions in North America. The company offers a comprehensive suite of products and services that includes the rental of trucks, trailers and towing equipment, as well as portable moving containers known as U-Box. In addition to vehicle rentals, U-Haul supplies customers with moving essentials such as boxes, packing materials and hitch installations, ensuring an integrated moving experience. The company also operates self-storage facilities under the U-Haul Storage brand, catering to both short-term and long-term needs.

Founded in 1945 by Leonard Shoen in Ridgefield, Washington, U-Haul has expanded its footprint through a mix of corporate-owned centers and independent dealer locations.