U-Haul Holding (NASDAQ:UHAL) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC trimmed its holdings in U-Haul Holding (NASDAQ:UHAL) by 85.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,723 shares of the transportation company’s stock after selling 10,153 shares during the quarter. SG Americas Securities LLC’s holdings in U-Haul were worth $124,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of UHAL. Millennium Management LLC increased its holdings in shares of U-Haul by 28,416.3% in the 4th quarter. Millennium Management LLC now owns 375,560 shares of the transportation company’s stock valued at $22,605,000 after acquiring an additional 374,243 shares during the period. FMR LLC increased its holdings in shares of U-Haul by 109.4% in the 1st quarter. FMR LLC now owns 478,687 shares of the transportation company’s stock valued at $28,554,000 after acquiring an additional 250,046 shares during the period. Long Pond Capital LP acquired a new position in shares of U-Haul in the 4th quarter valued at $10,241,000. Ameriprise Financial Inc. increased its holdings in shares of U-Haul by 1,551.6% in the 1st quarter. Ameriprise Financial Inc. now owns 126,994 shares of the transportation company’s stock valued at $7,578,000 after acquiring an additional 119,305 shares during the period. Finally, Marshall Wace LLP increased its holdings in shares of U-Haul by 286.4% in the 2nd quarter. Marshall Wace LLP now owns 158,853 shares of the transportation company’s stock valued at $8,788,000 after acquiring an additional 117,740 shares during the period. 3.63% of the stock is owned by institutional investors and hedge funds.

U-Haul Stock Performance

Shares of UHAL opened at $62.92 on Thursday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.07 and a current ratio of 3.29. The stock has a market capitalization of $12.34 billion, a P/E ratio of 19.36 and a beta of 1.07. The company’s fifty day moving average is $65.61 and its two-hundred day moving average is $61.92. U-Haul Holding has a 1 year low of $48.07 and a 1 year high of $73.03.

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

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of U-Haul from a “hold” rating to a “sell” rating in a research note on Saturday, February 24th.

Insider Activity

In other news, Director John P. Brogan sold 3,000 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $64.32, for a total value of $192,960.00. Following the completion of the transaction, the director now owns 43,987 shares in the company, valued at approximately $2,829,243.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 50.00% of the company’s stock.

U-Haul Profile

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.