U-Haul (NASDAQ:UHAL) Sees Unusually-High Trading Volume

U-Haul Holding (NASDAQ:UHAL) shares saw unusually-strong trading volume on Tuesday . Approximately 222,457 shares were traded during mid-day trading, an increase of 137% from the previous session’s volume of 94,009 shares.The stock last traded at $63.91 and had previously closed at $64.90.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of U-Haul from a “hold” rating to a “sell” rating in a report on Saturday, February 24th.

U-Haul Stock Performance

The stock’s 50-day moving average is $65.50 and its 200 day moving average is $62.58. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.07 and a current ratio of 3.29. The firm has a market cap of $12.41 billion, a P/E ratio of 19.46 and a beta of 1.07.

U-Haul (NASDAQ:UHAL) last posted its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.36). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. U-Haul had a return on equity of 9.52% and a net margin of 11.67%. On average, research analysts predict that U-Haul Holding will post 3.2 earnings per share for the current year.

Insider Buying and Selling at U-Haul

In other news, Director John P. Brogan sold 3,000 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $64.32, for a total transaction of $192,960.00. Following the completion of the transaction, the director now directly owns 43,987 shares in the company, valued at approximately $2,829,243.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 50.00% of the company’s stock.

Institutional Investors Weigh In On U-Haul

Several large investors have recently made changes to their positions in the stock. Old West Investment Management LLC lifted its stake in U-Haul by 1.0% in the third quarter. Old West Investment Management LLC now owns 176,235 shares of the transportation company’s stock valued at $9,617,000 after acquiring an additional 1,761 shares during the last quarter. Parkwood LLC acquired a new stake in U-Haul in the 4th quarter valued at about $6,061,000. Jacobs Levy Equity Management Inc. bought a new position in U-Haul during the third quarter worth about $3,389,000. GSA Capital Partners LLP grew its holdings in U-Haul by 10.3% during the fourth quarter. GSA Capital Partners LLP now owns 34,773 shares of the transportation company’s stock worth $2,497,000 after purchasing an additional 3,246 shares during the period. Finally, Mcdonald Partners LLC increased its position in U-Haul by 7.2% during the third quarter. Mcdonald Partners LLC now owns 16,325 shares of the transportation company’s stock worth $891,000 after buying an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 3.63% of the company’s stock.

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.