Harel Insurance Investments & Financial Services Ltd. Cuts Stake in U-Haul Holding (NASDAQ:UHAL)

Harel Insurance Investments & Financial Services Ltd. decreased its holdings in U-Haul Holding (NASDAQ:UHAL) by 24.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,428 shares of the transportation company’s stock after selling 471 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in U-Haul were worth $99,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Motley Fool Asset Management LLC purchased a new stake in shares of U-Haul during the third quarter worth about $201,000. Legacy Capital Group California Inc. purchased a new stake in U-Haul during the 3rd quarter worth approximately $244,000. Anthracite Investment Company Inc. acquired a new position in U-Haul during the 3rd quarter valued at approximately $269,000. Atom Investors LP purchased a new position in U-Haul in the 3rd quarter worth $301,000. Finally, Granite Bay Wealth Management LLC purchased a new position in shares of U-Haul in the second quarter worth about $308,000. 3.63% of the stock is currently owned by hedge funds and other institutional investors.

U-Haul Price Performance

Shares of NASDAQ UHAL opened at $72.68 on Friday. U-Haul Holding has a 52 week low of $59.70 and a 52 week high of $79.04. The business’s 50 day moving average price is $70.69 and its 200 day moving average price is $70.77. 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 firm has a market cap of $14.25 billion, a P/E ratio of 31.33 and a beta of 1.09.

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

About U-Haul

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.