UBS Group AG Raises Stock Position in U-Haul Holding (NASDAQ:UHAL)

UBS Group AG lifted its holdings in U-Haul Holding (NASDAQ:UHAL – Get Rating) by 43.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,887 shares of the transportation company’s stock after buying an additional 1,471 shares during the quarter. UBS Group AG’s holdings in U-Haul were worth $2,489,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wipfli Financial Advisors LLC purchased a new stake in shares of U-Haul in the 3rd quarter worth about $41,000. AdvisorNet Financial Inc grew its position in U-Haul by 27.3% during the 3rd quarter. AdvisorNet Financial Inc now owns 140 shares of the transportation company’s stock valued at $71,000 after purchasing an additional 30 shares during the last quarter. Focused Wealth Management Inc bought a new stake in U-Haul during the 3rd quarter valued at about $76,000. Signaturefd LLC raised its holdings in U-Haul by 85.9% in the third quarter. Signaturefd LLC now owns 171 shares of the transportation company’s stock worth $87,000 after buying an additional 79 shares during the last quarter. Finally, MetLife Investment Management LLC bought a new position in shares of U-Haul in the first quarter worth approximately $107,000. 8.56% of the stock is owned by hedge funds and other institutional investors.

U-Haul Trading Down 3.0 %

U-Haul stock opened at $64.12 on Tuesday. U-Haul Holding has a one year low of $44.79 and a one year high of $70.57. The business’s fifty day moving average is $64.50 and its 200 day moving average is $58.99. The stock has a market capitalization of $12.57 billion, a PE ratio of 13.03 and a beta of 0.99. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.40 and a quick ratio of 4.19.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of U-Haul from a “buy” rating to a “hold” rating in a report on Thursday, February 16th.

Insider Activity

In related news, President Edward J. Shoen acquired 115,000 shares of the firm’s stock in a transaction dated Thursday, December 8th. The stock was purchased at an average cost of $65.68 per share, with a total value of $7,553,200.00. Following the completion of the acquisition, the president now directly owns 1,324,000 shares of the company’s stock, valued at $86,960,320. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, President Edward J. Shoen bought 115,000 shares of the firm’s stock in a transaction on Thursday, December 8th. The stock was acquired at an average cost of $65.68 per share, for a total transaction of $7,553,200.00. Following the purchase, the president now owns 1,324,000 shares in the company, valued at $86,960,320. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director John P. Brogan sold 3,000 shares of the stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $58.69, for a total value of $176,070.00. Following the transaction, the director now directly owns 46,987 shares in the company, valued at $2,757,667.03. The disclosure for this sale can be found here. Insiders have purchased a total of 248,337 shares of company stock valued at $16,134,412 in the last 90 days. 42.80% of the stock is currently owned by insiders.

About U-Haul

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U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment consists of the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.