U-Haul (NASDAQ:UHAL) Stock Price Passes Above Two Hundred Day Moving Average of $59.22

Shares of U-Haul Holding (NASDAQ:UHALGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $59.22 and traded as high as $67.64. U-Haul shares last traded at $66.83, with a volume of 124,735 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on UHAL shares. StockNews.com upgraded shares of U-Haul from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. TheStreet downgraded shares of U-Haul from a “b” rating to a “c+” rating in a research report on Friday, November 10th.

Get Our Latest Research Report on U-Haul

U-Haul Trading Up 0.7 %

The company has a market cap of $13.10 billion, a P/E ratio of 17.73 and a beta of 1.09. The stock’s 50-day moving average is $65.77 and its two-hundred day moving average is $59.22. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.67 and a quick ratio of 3.46.

U-Haul (NASDAQ:UHALGet Free Report) last announced its earnings results on Wednesday, November 8th. The transportation company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.40). U-Haul had a net margin of 13.34% and a return on equity of 11.22%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.65 billion. As a group, equities research analysts predict that U-Haul Holding will post 3.74 earnings per share for the current fiscal year.

Insider Buying and Selling at U-Haul

In other U-Haul news, major shareholder Mark V. Shoen bought 132,500 shares of U-Haul stock in a transaction on Thursday, November 16th. The stock was acquired at an average cost of $52.43 per share, with a total value of $6,946,975.00. Following the completion of the acquisition, the insider now owns 192,863 shares in the company, valued at $10,111,807.09. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 50.00% of the stock is owned by corporate insiders.

Institutional Trading of U-Haul

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in U-Haul by 18.1% during the first quarter. JPMorgan Chase & Co. now owns 15,149 shares of the transportation company’s stock valued at $9,036,000 after acquiring an additional 2,319 shares in the last quarter. American Century Companies Inc. lifted its position in U-Haul by 24.8% during the first quarter. American Century Companies Inc. now owns 2,010 shares of the transportation company’s stock valued at $1,200,000 after purchasing an additional 399 shares during the last quarter. Citigroup Inc. lifted its position in U-Haul by 6.8% during the first quarter. Citigroup Inc. now owns 4,734 shares of the transportation company’s stock valued at $2,826,000 after purchasing an additional 303 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in U-Haul by 3.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,089 shares of the transportation company’s stock valued at $650,000 after purchasing an additional 32 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in U-Haul by 2.8% during the first quarter. Bank of Montreal Can now owns 1,453 shares of the transportation company’s stock valued at $891,000 after purchasing an additional 40 shares during the last quarter. 8.81% of the stock is owned by hedge funds and other institutional investors.

About U-Haul

(Get Free Report)

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.

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