U-Haul Holding Company (NYSE:UHAL - Get Free Report) major shareholder Mark Shoen sold 23,000 shares of the firm's stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $50.10, for a total value of $1,152,300.00. Following the sale, the insider owned 172,196 shares of the company's stock, valued at $8,627,019.60. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
U-Haul Trading Down 1.4%
NYSE:UHAL opened at $55.90 on Friday. The stock has a market cap of $10.87 billion, a PE ratio of 182.81 and a beta of 1.07. U-Haul Holding Company has a fifty-two week low of $41.94 and a fifty-two week high of $76.45. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.94 and a quick ratio of 1.73. The stock's 50-day moving average is $59.64 and its two-hundred day moving average is $58.50.
U-Haul (NYSE:UHAL - Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.84 by ($0.18). The company had revenue of $1.77 billion during the quarter. U-Haul had a return on equity of 1.21% and a net margin of 1.54%. As a group, equities research analysts forecast that U-Haul Holding Company will post 1.09 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
UHAL has been the topic of several research reports. Wall Street Zen upgraded shares of U-Haul from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Weiss Ratings reissued a "sell (d+)" rating on shares of U-Haul in a research note on Thursday, October 22nd. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $90.00.
Read Our Latest Stock Report on U-Haul
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. CX Institutional acquired a new position in U-Haul in the 2nd quarter worth about $56,000. Vise Technologies Inc. purchased a new stake in shares of U-Haul during the 3rd quarter worth about $201,000. Chicago Partners Investment Group LLC raised its stake in shares of U-Haul by 23.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 4,284 shares of the company's stock worth $238,000 after purchasing an additional 805 shares in the last quarter. Lido Advisors LLC raised its stake in shares of U-Haul by 29.8% during the 3rd quarter. Lido Advisors LLC now owns 5,335 shares of the company's stock worth $321,000 after purchasing an additional 1,224 shares in the last quarter. Finally, State of Wyoming lifted its holdings in shares of U-Haul by 215.2% during the 1st quarter. State of Wyoming now owns 7,860 shares of the company's stock valued at $376,000 after buying an additional 5,366 shares during the last quarter. Hedge funds and other institutional investors own 3.63% of the company's stock.
U-Haul Company Profile
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Get Free Report)
U-Haul Holding Company, formerly known as AMERCO, is a moving and storage company best known for its U-Haul brand. Its services include do-it-yourself truck and trailer rentals, towing equipment, self-storage, and moving supplies. The company also offers U-Box portable storage and moving containers. Founded in 1945 by Leonard Shoen, U-Haul serves customers across the United States and Canada through company-operated locations and independent dealers. Its operations also include related insurance and life-insurance businesses.
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