U-Haul (NYSE:UHAL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of U-Haul (NYSE:UHAL) from a sell rating to a hold rating in a research note issued to investors on Saturday.

A number of other brokerages have also issued reports on UHAL. Weiss Ratings upgraded shares of U-Haul from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 24th. Citizens Jmp started coverage on U-Haul in a research note on Wednesday, July 15th. They issued a “mkt outperform” rating and a $90.00 price target for the company. Finally, Citigroup assumed coverage on U-Haul in a report on Wednesday, July 15th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $85.00.

U-Haul Stock Down 1.6%

Shares of NYSE:UHAL opened at $74.06 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.57 and a debt-to-equity ratio of 1.04. The company has a fifty day simple moving average of $66.82 and a 200 day simple moving average of $56.49. The firm has a market cap of $14.52 billion, a PE ratio of 529.04 and a beta of 1.10. U-Haul has a 12-month low of $41.94 and a 12-month high of $76.45.

U-Haul (NYSE:UHAL) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.27). The company had revenue of $1.68 billion for the quarter. U-Haul had a net margin of 1.05% and a return on equity of 0.81%. On average, equities research analysts anticipate that U-Haul will post 1.32 EPS for the current fiscal year.

Institutional Trading of U-Haul

Several large investors have recently added to or reduced their stakes in UHAL. Caxton Associates LLP bought a new position in shares of U-Haul in the first quarter worth $496,000. Maverick Capital Ltd. acquired a new position in shares of U-Haul during the first quarter valued at $651,000. Inceptionr LLC bought a new stake in shares of U-Haul during the first quarter valued at about $709,000. Deltroit Asset Management UK LLP bought a new stake in shares of U-Haul during the fourth quarter valued at about $5,182,000. Finally, Virtu Financial LLC lifted its holdings in U-Haul by 127.8% in the fourth quarter. Virtu Financial LLC now owns 34,159 shares of the company’s stock worth $1,722,000 after purchasing an additional 19,165 shares during the period. 3.63% of the stock is currently owned by institutional investors and hedge funds.

About U-Haul

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.