Virtu Financial LLC Grows Stock Holdings in U-Haul Holding Company $UHAL

Virtu Financial LLC raised its holdings in shares of U-Haul Holding Company (NYSE:UHAL) by 127.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 34,159 shares of the company’s stock after buying an additional 19,165 shares during the quarter. Virtu Financial LLC’s holdings in U-Haul were worth $1,722,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. VARCOV Co. bought a new stake in shares of U-Haul in the 4th quarter worth about $624,000. Old West Investment Management LLC lifted its holdings in shares of U-Haul by 0.4% in the 4th quarter. Old West Investment Management LLC now owns 153,350 shares of the company’s stock valued at $7,730,000 after acquiring an additional 564 shares during the last quarter. Gotham Asset Management LLC lifted its holdings in shares of U-Haul by 20.2% in the 4th quarter. Gotham Asset Management LLC now owns 33,935 shares of the company’s stock valued at $1,711,000 after acquiring an additional 5,713 shares during the last quarter. Engineers Gate Manager LP grew its position in U-Haul by 290.6% in the fourth quarter. Engineers Gate Manager LP now owns 21,451 shares of the company’s stock worth $1,081,000 after acquiring an additional 15,959 shares in the last quarter. Finally, ArrowMark Colorado Holdings LLC increased its stake in U-Haul by 38.0% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 217,800 shares of the company’s stock worth $10,979,000 after acquiring an additional 60,000 shares during the last quarter. 3.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on UHAL. Weiss Ratings restated a “sell (d)” rating on shares of U-Haul in a research report on Friday, March 27th. Wall Street Zen raised U-Haul from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, U-Haul has an average rating of “Moderate Buy” and a consensus price target of $80.00.

U-Haul Stock Performance

UHAL stock opened at $62.22 on Friday. The company has a quick ratio of 1.73, a current ratio of 1.94 and a debt-to-equity ratio of 1.04. The business’s fifty day simple moving average is $54.31 and its two-hundred day simple moving average is $52.38. U-Haul Holding Company has a twelve month low of $41.94 and a twelve month high of $64.38. The firm has a market cap of $12.20 billion, a price-to-earnings ratio of 259.23 and a beta of 1.13.

U-Haul (NYSE:UHAL) last released its earnings results on Wednesday, May 27th. The company reported ($0.70) earnings per share for the quarter, topping the consensus estimate of ($0.72) by $0.02. The business had revenue of $1.27 billion during the quarter. U-Haul had a return on equity of 1.06% and a net margin of 1.38%.

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.