U-Haul Holding Company $UHAL Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its position in U-Haul Holding Company (NYSE:UHAL) by 91.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,600 shares of the company’s stock after selling 48,100 shares during the quarter. Renaissance Technologies LLC’s holdings in U-Haul were worth $220,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brevan Howard Capital Management LP acquired a new position in shares of U-Haul in the third quarter worth about $218,000. Inscription Capital LLC acquired a new position in shares of U-Haul in the 4th quarter valued at approximately $223,000. Legacy Capital Group California Inc. boosted its stake in shares of U-Haul by 4.4% during the 4th quarter. Legacy Capital Group California Inc. now owns 4,801 shares of the company’s stock valued at $242,000 after buying an additional 204 shares during the last quarter. Shay Capital LLC acquired a new stake in shares of U-Haul during the third quarter worth approximately $257,000. Finally, Clearbridge Investments LLC increased its stake 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 worth $338,000 after buying an additional 1,500 shares during the last quarter. 3.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UHAL has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of U-Haul from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 24th. Wall Street Zen raised U-Haul from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Citigroup began coverage on U-Haul in a research note on Wednesday, July 15th. They set an “outperform” rating on the stock. Finally, Citizens Jmp assumed coverage on U-Haul in a report on Wednesday, July 15th. They set a “mkt outperform” rating and a $90.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, U-Haul presently has a consensus rating of “Moderate Buy” and an average price target of $85.00.

U-Haul Trading Up 0.4%

U-Haul stock opened at $72.62 on Thursday. The company has a quick ratio of 1.57, a current ratio of 1.77 and a debt-to-equity ratio of 1.04. The firm has a 50-day moving average price of $68.96 and a two-hundred day moving average price of $57.28. The firm has a market capitalization of $14.12 billion, a price-to-earnings ratio of 518.72 and a beta of 1.10. U-Haul Holding Company has a 52-week low of $41.94 and a 52-week high of $76.45.

U-Haul (NYSE:UHAL) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.27). The business had revenue of $1.68 billion during the quarter. U-Haul had a return on equity of 0.81% and a net margin of 1.05%. Sell-side analysts expect that U-Haul Holding Company will post 1.32 earnings per share for the current year.

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.