Virtu Financial LLC Takes $824,000 Position in U-Haul Holding (NASDAQ:UHAL)

Key Points

• Virtu Financial LLC acquired 12,610 shares of U-Haul Holding, valued at approximately $824,000, marking a new position for the firm.
• Other hedge funds have also invested in U-Haul, with notable increases in positions from firms like Legacy Capital Group and Aquatic Capital Management.
• Wolfe Research has initiated coverage on U-Haul, giving it a "peer perform" rating, while the stock recently opened at $57.90.

Virtu Financial LLC bought a new position in U-Haul Holding (NASDAQ:UHAL - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 12,610 shares of the transportation company's stock, valued at approximately $824,000.

Other large investors have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new stake in U-Haul in the first quarter worth $105,000. Legacy Capital Group California Inc. increased its position in U-Haul by 12.2% in the first quarter. Legacy Capital Group California Inc. now owns 3,795 shares of the transportation company's stock worth $248,000 after buying an additional 412 shares during the last quarter. Farringdon Capital Ltd. purchased a new stake in U-Haul in the fourth quarter worth $333,000. Aquatic Capital Management LLC increased its position in U-Haul by 36.0% in the fourth quarter. Aquatic Capital Management LLC now owns 11,284 shares of the transportation company's stock worth $780,000 after buying an additional 2,984 shares during the last quarter. Finally, MGO One Seven LLC increased its position in U-Haul by 15.2% in the fourth quarter. MGO One Seven LLC now owns 12,735 shares of the transportation company's stock worth $880,000 after buying an additional 1,680 shares during the last quarter. 3.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wolfe Research started coverage on U-Haul in a research report on Monday, May 19th. They issued a "peer perform" rating for the company.

U-Haul Stock Performance

Shares of NASDAQ UHAL traded down $0.56 during mid-day trading on Friday, hitting $57.73. The company had a trading volume of 116,121 shares, compared to its average volume of 111,516. The company has a market capitalization of $11.32 billion, a price-to-earnings ratio of 26.73 and a beta of 1.20. U-Haul Holding has a 1 year low of $56.28 and a 1 year high of $79.04. The company has a current ratio of 2.03, a quick ratio of 1.83 and a debt-to-equity ratio of 0.89. The stock's 50-day moving average price is $60.92 and its 200-day moving average price is $63.88.

U-Haul Company 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.