Maverick Capital Ltd. Invests $651,000 in U-Haul Holding Company $UHAL

Maverick Capital Ltd. acquired a new stake in shares of U-Haul Holding Company (NYSE:UHAL) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,621 shares of the company’s stock, valued at approximately $651,000.

Several other hedge funds also recently bought and sold shares of the company. Two Sigma Investments LP raised its holdings in U-Haul by 64.3% during the third quarter. Two Sigma Investments LP now owns 174,120 shares of the company’s stock valued at $9,937,000 after acquiring an additional 68,150 shares during the period. Shay Capital LLC purchased a new stake in shares of U-Haul during the third quarter worth about $257,000. Occudo Quantitative Strategies LP bought a new stake in U-Haul during the 3rd quarter valued at approximately $349,000. Schonfeld Strategic Advisors LLC purchased a new position in U-Haul in the 3rd quarter worth approximately $446,000. Finally, Brevan Howard Capital Management LP purchased a new position in U-Haul in the 3rd quarter worth approximately $218,000. Institutional investors own 3.63% of the company’s stock.

Analysts Set New Price Targets

UHAL has been the subject of a number of research analyst reports. Weiss Ratings raised shares of U-Haul from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday. Citigroup began coverage on shares of U-Haul in a report on Wednesday, July 15th. They issued an “outperform” rating on the stock. Citizens Jmp started coverage on shares of U-Haul in a research report on Wednesday, July 15th. They set a “mkt outperform” rating and a $90.00 target price for the company. Finally, Wall Street Zen cut shares of U-Haul from a “hold” rating to a “sell” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $85.00.

U-Haul Trading Up 0.4%

UHAL opened at $73.28 on Wednesday. The stock has a 50-day moving average of $63.29 and a 200 day moving average of $55.42. The company has a current ratio of 1.94, a quick ratio of 1.73 and a debt-to-equity ratio of 1.04. U-Haul Holding Company has a 12 month low of $41.94 and a 12 month high of $74.00. The firm has a market cap of $14.37 billion, a P/E ratio of 305.34 and a beta of 1.11.

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

U-Haul 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.