Caxton Associates LLP Acquires Shares of 10,382 U-Haul Holding Company $UHAL

Caxton Associates LLP purchased a new stake in shares of U-Haul Holding Company (NYSE:UHAL) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,382 shares of the company’s stock, valued at approximately $496,000.

A number of other large investors also recently modified their holdings of UHAL. Two Sigma Investments LP increased its position in shares of U-Haul by 64.3% during the third quarter. Two Sigma Investments LP now owns 174,120 shares of the company’s stock valued at $9,937,000 after acquiring an additional 68,150 shares during the last quarter. Shay Capital LLC purchased a new stake in U-Haul in the 3rd quarter worth approximately $257,000. Occudo Quantitative Strategies LP bought a new stake in shares of U-Haul during the 3rd quarter valued at about $349,000. Schonfeld Strategic Advisors LLC purchased a new position in U-Haul in the third quarter worth $446,000. Finally, Brevan Howard Capital Management LP purchased a new stake in U-Haul in the third quarter worth approximately $218,000. Institutional investors own 3.63% of the company’s stock.

U-Haul Stock Up 2.2%

UHAL opened at $72.97 on Tuesday. The stock has a market cap of $14.31 billion, a price-to-earnings ratio of 304.05 and a beta of 1.11. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.73 and a current ratio of 1.94. The firm’s fifty day moving average is $62.80 and its 200 day moving average is $55.28. U-Haul Holding Company has a fifty-two week low of $41.94 and a fifty-two week high of $73.38.

U-Haul (NYSE:UHAL) last issued its earnings results on Wednesday, May 27th. The company reported ($0.70) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.02. U-Haul had a net margin of 1.38% and a return on equity of 1.06%. The firm had revenue of $1.27 billion during the quarter. On average, sell-side analysts forecast that U-Haul Holding Company will post 1.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Citigroup initiated coverage on U-Haul in a research report on Wednesday, July 15th. They issued an “outperform” rating for the company. Citizens Jmp started coverage on U-Haul in a report on Wednesday, July 15th. They set a “mkt outperform” rating and a $90.00 target price on the stock. Weiss Ratings upgraded shares of U-Haul from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday. Finally, Wall Street Zen cut U-Haul from a “hold” rating to a “sell” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $85.00.

About U-Haul

U-Haul (NYSE: UHAL) is a leading provider of do-it-yourself moving and storage solutions in North America. The company offers a comprehensive suite of products and services that includes the rental of trucks, trailers and towing equipment, as well as portable moving containers known as U-Box. In addition to vehicle rentals, U-Haul supplies customers with moving essentials such as boxes, packing materials and hitch installations, ensuring an integrated moving experience. The company also operates self-storage facilities under the U-Haul Storage brand, catering to both short-term and long-term needs.

Founded in 1945 by Leonard Shoen in Ridgefield, Washington, U-Haul has expanded its footprint through a mix of corporate-owned centers and independent dealer locations.