BlackRock Inc. increased its stake in shares of U-Haul Holding (NASDAQ:UHAL – Get Rating) by 1.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 707,852 shares of the transportation company’s stock after buying an additional 7,958 shares during the quarter. BlackRock Inc. owned about 0.36% of U-Haul worth $360,453,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of U-Haul by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 810,692 shares of the transportation company’s stock valued at $483,933,000 after acquiring an additional 4,984 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of U-Haul by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 493,025 shares of the transportation company’s stock valued at $251,060,000 after buying an additional 8,053 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of U-Haul by 3.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 75,193 shares of the transportation company’s stock worth $44,886,000 after buying an additional 2,498 shares during the last quarter. Scout Investments Inc. raised its position in shares of U-Haul by 46.4% during the 3rd quarter. Scout Investments Inc. now owns 53,280 shares of the transportation company’s stock valued at $27,131,000 after buying an additional 16,898 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of U-Haul by 9.0% during the 1st quarter. Renaissance Technologies LLC now owns 41,566 shares of the transportation company’s stock valued at $24,812,000 after buying an additional 3,420 shares during the period. Institutional investors and hedge funds own 8.56% of the company’s stock.
U-Haul Stock Down 1.9 %
Shares of UHAL opened at $62.59 on Friday. The company has a current ratio of 4.40, a quick ratio of 4.19 and a debt-to-equity ratio of 0.94. The firm has a market cap of $12.27 billion, a P/E ratio of 12.72 and a beta of 0.99. The company’s 50-day moving average price is $64.71 and its 200 day moving average price is $59.09. U-Haul Holding has a 12-month low of $44.79 and a 12-month high of $70.57.
Analyst Ratings Changes
Insider Activity
In related news, Director John P. Brogan sold 3,000 shares of the stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $58.69, for a total transaction of $176,070.00. Following the completion of the transaction, the director now owns 46,987 shares of the company’s stock, valued at approximately $2,757,667.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 43.20% of the company’s stock.
U-Haul Profile
U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment consists of the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.
Further Reading
- Get a free copy of the StockNews.com research report on U-Haul (UHAL)
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