BNP Paribas Financial Markets Sells 453 Shares of U-Haul Holding (NASDAQ:UHAL)

BNP Paribas Financial Markets lessened its stake in shares of U-Haul Holding (NASDAQ:UHAL) by 16.0% during the third quarter, Holdings Channel reports. The fund owned 2,370 shares of the transportation company’s stock after selling 453 shares during the quarter. BNP Paribas Financial Markets’ holdings in U-Haul were worth $184,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of UHAL. Legacy Capital Group California Inc. purchased a new stake in shares of U-Haul during the third quarter worth about $244,000. Anthracite Investment Company Inc. purchased a new stake in shares of U-Haul in the third quarter worth about $269,000. Granite Bay Wealth Management LLC purchased a new stake in U-Haul in the 2nd quarter worth about $308,000. Lodestone Wealth Management LLC lifted its holdings in U-Haul by 5.6% during the third quarter. Lodestone Wealth Management LLC now owns 4,407 shares of the transportation company’s stock worth $341,000 after buying an additional 233 shares during the period. Finally, Childress Capital Advisors LLC purchased a new stake in U-Haul in the third quarter valued at about $387,000. Institutional investors and hedge funds own 3.63% of the company’s stock.

U-Haul Trading Up 0.5 %

Shares of NASDAQ:UHAL opened at $72.38 on Wednesday. U-Haul Holding has a 12-month low of $59.70 and a 12-month high of $79.04. The company has a market capitalization of $14.19 billion, a PE ratio of 31.20 and a beta of 1.09. The company has a current ratio of 2.33, a quick ratio of 2.16 and a debt-to-equity ratio of 0.88. The business has a 50 day moving average of $72.48 and a two-hundred day moving average of $69.47.

U-Haul (NASDAQ:UHAL) last posted its quarterly earnings results on Wednesday, November 6th. The transportation company reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.46). The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.69 billion. U-Haul had a net margin of 8.39% and a return on equity of 6.46%. During the same quarter last year, the firm earned $1.36 earnings per share. As a group, analysts forecast that U-Haul Holding will post 2.31 EPS for the current year.

About U-Haul

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.