Inceptionr LLC Takes $709,000 Position in U-Haul Holding Company $UHAL

Inceptionr LLC purchased a new position in shares of U-Haul Holding Company (NYSE:UHAL) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,840 shares of the company’s stock, valued at approximately $709,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brevan Howard Capital Management LP purchased a new position in U-Haul during the 3rd quarter valued at about $218,000. Inscription Capital LLC acquired a new position in U-Haul during the fourth quarter worth about $223,000. Legacy Capital Group California Inc. lifted its holdings in shares of U-Haul by 4.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 4,801 shares of the company’s stock valued at $242,000 after purchasing an additional 204 shares in the last quarter. Shay Capital LLC purchased a new stake in shares of U-Haul in the third quarter valued at about $257,000. Finally, Clearbridge Investments LLC grew its position in shares of U-Haul by 28.8% in the fourth quarter. Clearbridge Investments LLC now owns 6,700 shares of the company’s stock valued at $338,000 after purchasing an additional 1,500 shares during the last quarter. 3.63% of the stock is currently owned by hedge funds and other institutional investors.

U-Haul Price Performance

U-Haul stock opened at $71.51 on Friday. U-Haul Holding Company has a 12-month low of $41.94 and a 12-month high of $72.95. The stock has a market capitalization of $14.02 billion, a P/E ratio of 297.96 and a beta of 1.11. The firm’s 50-day moving average is $62.33 and its two-hundred day moving average is $55.13. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.94 and a quick ratio of 1.73.

U-Haul (NYSE:UHAL) last posted its quarterly earnings data on Wednesday, May 27th. The company reported ($0.70) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.02. The business had revenue of $1.27 billion during the quarter. U-Haul had a net margin of 1.38% and a return on equity of 1.06%. Equities analysts predict that U-Haul Holding Company will post 1.32 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Citigroup assumed coverage on shares of U-Haul in a research note on Wednesday, July 15th. They set an “outperform” rating for the company. Citizens Jmp assumed coverage on U-Haul in a research note on Wednesday, July 15th. They issued a “mkt outperform” rating and a $90.00 target price on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of U-Haul in a report on Wednesday, June 24th. Finally, Wall Street Zen downgraded U-Haul from a “hold” rating to a “sell” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.