Motley Fool Asset Management LLC Buys Shares of 3,074 U-Haul Holding (NASDAQ:UHAL)

Motley Fool Asset Management LLC purchased a new stake in U-Haul Holding (NASDAQ:UHAL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,074 shares of the transportation company’s stock, valued at approximately $221,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Old West Investment Management LLC increased its holdings in shares of U-Haul by 1.0% in the third quarter. Old West Investment Management LLC now owns 176,235 shares of the transportation company’s stock valued at $9,617,000 after purchasing an additional 1,761 shares during the last quarter. Redmont Wealth Advisors LLC increased its holdings in shares of U-Haul by 12.8% in the fourth quarter. Redmont Wealth Advisors LLC now owns 9,195 shares of the transportation company’s stock valued at $660,000 after purchasing an additional 1,044 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of U-Haul in the third quarter valued at approximately $3,389,000. Barnett & Company Inc. acquired a new stake in shares of U-Haul in the third quarter valued at approximately $754,000. Finally, GSA Capital Partners LLP increased its holdings in shares of U-Haul by 477.2% in the third quarter. GSA Capital Partners LLP now owns 31,527 shares of the transportation company’s stock valued at $1,720,000 after purchasing an additional 26,065 shares during the last quarter. Institutional investors and hedge funds own 3.63% of the company’s stock.

Insider Transactions at U-Haul

In other news, Director John P. Brogan sold 3,000 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $64.32, for a total transaction of $192,960.00. Following the completion of the transaction, the director now directly owns 43,987 shares in the company, valued at $2,829,243.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 50.00% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered U-Haul from a “hold” rating to a “sell” rating in a research report on Saturday, February 24th.

U-Haul Trading Down 0.1 %

Shares of U-Haul stock opened at $64.92 on Friday. The firm has a market capitalization of $12.73 billion, a price-to-earnings ratio of 19.99 and a beta of 1.07. U-Haul Holding has a fifty-two week low of $48.07 and a fifty-two week high of $73.03. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.07 and a current ratio of 3.29. The stock has a 50 day moving average of $65.53 and a 200 day moving average of $62.39.

U-Haul (NASDAQ:UHAL) last issued its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.36). The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.34 billion. U-Haul had a return on equity of 9.52% and a net margin of 11.67%. As a group, research analysts predict that U-Haul Holding will post 3.2 earnings per share for the current year.

About U-Haul

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.