ArrowMark Colorado Holdings LLC Has $5.87 Million Stock Holdings in U-Haul Holding (NASDAQ:UHAL)

ArrowMark Colorado Holdings LLC trimmed its holdings in U-Haul Holding (NASDAQ:UHAL) by 37.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,800 shares of the transportation company’s stock after selling 45,000 shares during the quarter. ArrowMark Colorado Holdings LLC’s holdings in U-Haul were worth $5,873,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Old West Investment Management LLC lifted its position in shares of U-Haul by 9.5% during the second quarter. Old West Investment Management LLC now owns 112,804 shares of the transportation company’s stock worth $6,963,000 after purchasing an additional 9,751 shares in the last quarter. Diversified Trust Co bought a new position in U-Haul in the 2nd quarter worth approximately $248,000. Applied Fundamental Research LLC boosted its position in U-Haul by 12.9% in the 2nd quarter. Applied Fundamental Research LLC now owns 61,300 shares of the transportation company’s stock valued at $3,784,000 after buying an additional 7,021 shares during the last quarter. Oliver Lagore Vanvalin Investment Group increased its stake in shares of U-Haul by 23.4% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 12,459 shares of the transportation company’s stock valued at $769,000 after buying an additional 2,362 shares during the period. Finally, Intellectus Partners LLC raised its position in shares of U-Haul by 5.4% during the third quarter. Intellectus Partners LLC now owns 5,340 shares of the transportation company’s stock worth $414,000 after acquiring an additional 275 shares during the last quarter. Institutional investors and hedge funds own 3.63% of the company’s stock.

U-Haul Price Performance

U-Haul stock opened at $71.34 on Tuesday. The business’s 50-day simple moving average is $73.45 and its 200 day simple moving average is $68.83. The company has a quick ratio of 2.16, a current ratio of 2.33 and a debt-to-equity ratio of 0.88. The stock has a market cap of $13.99 billion, a price-to-earnings ratio of 30.75 and a beta of 1.10. U-Haul Holding has a 12-month low of $57.31 and a 12-month high of $79.04.

U-Haul (NASDAQ:UHAL) last released its earnings results on Wednesday, November 6th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.46). U-Haul had a net margin of 8.39% and a return on equity of 6.46%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same quarter in the previous year, the company posted $1.36 earnings per share. As a group, research analysts anticipate that U-Haul Holding will post 2.31 earnings per share for the current year.

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.