U-Haul Holding (NASDAQ:UHAL) Shares Sold by Marshall Wace LLP

Marshall Wace LLP trimmed its holdings in U-Haul Holding (NASDAQ:UHAL) by 12.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 82,203 shares of the transportation company’s stock after selling 11,597 shares during the period. Marshall Wace LLP’s holdings in U-Haul were worth $5,074,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Parkwood LLC acquired a new stake in shares of U-Haul during the 4th quarter worth about $6,061,000. Old West Investment Management LLC increased its position in shares of U-Haul by 9.5% during the second quarter. Old West Investment Management LLC now owns 112,804 shares of the transportation company’s stock valued at $6,963,000 after acquiring an additional 9,751 shares during the last quarter. Motley Fool Asset Management LLC raised its stake in shares of U-Haul by 290.5% in the 1st quarter. Motley Fool Asset Management LLC now owns 12,004 shares of the transportation company’s stock valued at $811,000 after acquiring an additional 8,930 shares during the period. Applied Fundamental Research LLC lifted its holdings in shares of U-Haul by 12.9% in the 2nd quarter. Applied Fundamental Research LLC now owns 61,300 shares of the transportation company’s stock worth $3,784,000 after acquiring an additional 7,021 shares during the last quarter. Finally, Clearbridge Investments LLC purchased a new position in shares of U-Haul during the 1st quarter worth approximately $358,000. Institutional investors and hedge funds own 3.63% of the company’s stock.

U-Haul Stock Up 0.9 %

Shares of NASDAQ UHAL opened at $78.15 on Wednesday. U-Haul Holding has a 52-week low of $48.07 and a 52-week high of $79.04. The business’s 50 day moving average is $70.14 and its two-hundred day moving average is $66.77. The firm has a market cap of $15.32 billion, a price-to-earnings ratio of 25.71 and a beta of 1.09. The company has a quick ratio of 1.99, a current ratio of 2.18 and a debt-to-equity ratio of 0.84.

U-Haul (NASDAQ:UHAL) last posted its earnings results on Wednesday, August 7th. The transportation company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.20). The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.54 billion. U-Haul had a return on equity of 7.76% and a net margin of 9.92%. During the same period in the previous year, the company posted $1.27 EPS. Research analysts predict that U-Haul Holding will post 2.7 EPS for the current year.

U-Haul Company Profile

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company’s Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.