U-Haul Holding (NASDAQ:UHAL) Stake Raised by Old West Investment Management LLC

Old West Investment Management LLC increased its position in shares of U-Haul Holding (NASDAQ:UHAL) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 133,537 shares of the transportation company’s stock after purchasing an additional 7,590 shares during the quarter. U-Haul accounts for 3.7% of Old West Investment Management LLC’s investment portfolio, making the stock its 9th biggest holding. Old West Investment Management LLC’s holdings in U-Haul were worth $9,226,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Optas LLC acquired a new position in shares of U-Haul in the fourth quarter worth $219,000. Versor Investments LP acquired a new position in U-Haul in the 4th quarter valued at about $221,000. Legacy Capital Group California Inc. raised its stake in U-Haul by 7.5% in the 4th quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company’s stock valued at $234,000 after purchasing an additional 237 shares during the last quarter. Childress Capital Advisors LLC lifted its holdings in U-Haul by 20.0% in the 4th quarter. Childress Capital Advisors LLC now owns 6,000 shares of the transportation company’s stock valued at $415,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Asset Planning Inc acquired a new stake in shares of U-Haul during the 4th quarter worth about $491,000. 3.63% of the stock is currently owned by hedge funds and other institutional investors.

U-Haul Stock Performance

NASDAQ:UHAL opened at $62.00 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 1.83. The firm has a market cap of $12.16 billion, a PE ratio of 28.71 and a beta of 1.10. The firm has a 50 day simple moving average of $68.82 and a 200-day simple moving average of $71.13. U-Haul Holding has a 1-year low of $59.70 and a 1-year high of $79.04.

U-Haul Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 17th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.32%.

Insider Buying and Selling

In other U-Haul news, major shareholder Mark V. Shoen sold 12,500 shares of U-Haul stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $65.03, for a total value of $812,875.00. Following the transaction, the insider now owns 654,711 shares in the company, valued at $42,575,856.33. This trade represents a 1.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John P. Brogan sold 3,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $67.04, for a total value of $201,120.00. Following the sale, the director now owns 40,987 shares of the company’s stock, valued at approximately $2,747,768.48. The trade was a 6.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 28,000 shares of company stock worth $1,837,245. 50.10% of the stock is owned by company insiders.

U-Haul Profile

U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.