ArrowMark Colorado Holdings LLC Grows Stake in U-Haul Holding Company $UHAL

ArrowMark Colorado Holdings LLC raised its position in shares of U-Haul Holding Company (NYSE:UHAL) by 108.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 157,800 shares of the company’s stock after purchasing an additional 82,000 shares during the period. ArrowMark Colorado Holdings LLC owned 0.08% of U-Haul worth $9,006,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of UHAL. Schonfeld Strategic Advisors LLC bought a new position in U-Haul in the 3rd quarter worth approximately $446,000. Occudo Quantitative Strategies LP purchased a new position in U-Haul in the third quarter worth $349,000. Shay Capital LLC bought a new position in shares of U-Haul during the 3rd quarter valued at about $257,000. Two Sigma Investments LP raised its stake 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 worth $9,937,000 after acquiring an additional 68,150 shares in the last quarter. Finally, FourThought Financial Partners LLC bought a new position in shares of U-Haul during the 3rd quarter valued at $227,000. 3.63% of the stock is owned by hedge funds and other institutional investors.

U-Haul Price Performance

UHAL opened at $45.87 on Monday. U-Haul Holding Company has a 12-month low of $45.17 and a 12-month high of $67.96. The company has a market cap of $8.99 billion, a price-to-earnings ratio of 95.56 and a beta of 1.12. The stock has a fifty day simple moving average of $52.87 and a two-hundred day simple moving average of $53.73. The company has a current ratio of 2.26, a quick ratio of 2.04 and a debt-to-equity ratio of 1.02.

U-Haul (NYSE:UHAL) last posted its quarterly earnings data on Wednesday, February 4th. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.01. U-Haul had a net margin of 2.14% and a return on equity of 1.64%. The business had revenue of $1.42 billion for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of U-Haul in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $80.00.

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.