GSA Capital Partners LLP Makes New Investment in U-Haul Holding Company $UHAL

GSA Capital Partners LLP bought a new position in shares of U-Haul Holding Company (NYSE:UHAL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 8,167 shares of the company’s stock, valued at approximately $534,000.

A number of other large investors have also recently made changes to their positions in the stock. Two Sigma Investments LP increased its stake in U-Haul by 64.3% in the 3rd quarter. Two Sigma Investments LP now owns 174,120 shares of the company’s stock worth $9,937,000 after buying an additional 68,150 shares during the period. Shay Capital LLC purchased a new stake in U-Haul in the 3rd quarter valued at about $257,000. Occudo Quantitative Strategies LP purchased a new stake in U-Haul in the 3rd quarter valued at about $349,000. Schonfeld Strategic Advisors LLC bought a new position in U-Haul in the 3rd quarter worth about $446,000. Finally, Brevan Howard Capital Management LP bought a new position in U-Haul in the 3rd quarter worth about $218,000. 3.63% of the stock is owned by hedge funds and other institutional investors.

U-Haul Stock Down 1.5%

Shares of U-Haul stock opened at $71.57 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.77 and a quick ratio of 1.57. The stock has a market cap of $13.91 billion, a price-to-earnings ratio of 511.25 and a beta of 1.10. The firm’s 50-day moving average is $69.15 and its two-hundred day moving average is $57.39. U-Haul Holding Company has a 1 year low of $41.94 and a 1 year high of $76.45.

U-Haul (NYSE:UHAL) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.27). U-Haul had a net margin of 1.05% and a return on equity of 0.81%. The business had revenue of $1.68 billion during the quarter. As a group, research analysts expect that U-Haul Holding Company will post 1.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on UHAL shares. Citizens Jmp assumed coverage on shares of U-Haul in a research note on Wednesday, July 15th. They set a “mkt outperform” rating and a $90.00 price target for the company. Citigroup assumed coverage on U-Haul in a research note on Wednesday, July 15th. They issued an “outperform” rating on the stock. Weiss Ratings upgraded U-Haul from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 24th. Finally, Wall Street Zen raised U-Haul from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.