U-Haul (NASDAQ:UHAL) Share Price Passes Above Two Hundred Day Moving Average of $61.86

Shares of U-Haul Holding (NASDAQ:UHAL) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $61.86 and traded as high as $64.60. U-Haul shares last traded at $63.19, with a volume of 85,309 shares changing hands.

Analyst Upgrades and Downgrades

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

U-Haul Stock Performance

The stock has a fifty day simple moving average of $65.77 and a 200-day simple moving average of $61.86. The stock has a market cap of $12.39 billion, a P/E ratio of 19.44 and a beta of 1.07. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.07 and a current ratio of 3.29.

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

Insider Buying and Selling

In other U-Haul news, Director John P. Brogan sold 3,000 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $64.32, for a total transaction of $192,960.00. Following the sale, the director now owns 43,987 shares of the company’s stock, valued at $2,829,243.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 50.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Ossiam boosted its stake in shares of U-Haul by 429.8% during the 1st quarter. Ossiam now owns 445 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 361 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in U-Haul by 55.1% during the first quarter. Great West Life Assurance Co. Can now owns 1,239 shares of the transportation company’s stock worth $74,000 after acquiring an additional 440 shares in the last quarter. MetLife Investment Management LLC purchased a new position in U-Haul in the first quarter worth about $107,000. Opal Wealth Advisors LLC purchased a new position in U-Haul in the first quarter worth about $120,000. Finally, Advisor Group Holdings Inc. raised its holdings in shares of U-Haul by 107.4% during the fourth quarter. Advisor Group Holdings Inc. now owns 2,292 shares of the transportation company’s stock valued at $138,000 after purchasing an additional 1,187 shares during the last quarter. 3.63% of the stock is owned by institutional investors.

About U-Haul

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.