Trexquant Investment LP Invests $1.06 Million in U-Haul Holding $UHAL

Key Points

• Trexquant Investment LP has invested approximately $1.06 million in U-Haul Holding by purchasing 16,154 shares during the first quarter.
• Several institutional investors have also increased their holdings in U-Haul, with Gabelli Funds LLC boosting its position by 11.7%, now owning over $2.2 million in shares.
• Analysts currently rate U-Haul stock as a "Hold," indicating a cautious outlook on its future performance.

Trexquant Investment LP purchased a new position in U-Haul Holding (NASDAQ:UHAL - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,154 shares of the transportation company's stock, valued at approximately $1,056,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of UHAL. Landscape Capital Management L.L.C. acquired a new stake in U-Haul during the first quarter worth about $1,749,000. Gabelli Funds LLC increased its position in U-Haul by 11.7% during the first quarter. Gabelli Funds LLC now owns 34,167 shares of the transportation company's stock worth $2,233,000 after purchasing an additional 3,567 shares during the last quarter. Old West Investment Management LLC increased its position in U-Haul by 1.5% during the first quarter. Old West Investment Management LLC now owns 135,509 shares of the transportation company's stock worth $8,857,000 after purchasing an additional 1,972 shares during the last quarter. Versor Investments LP increased its position in U-Haul by 100.0% during the first quarter. Versor Investments LP now owns 6,400 shares of the transportation company's stock worth $418,000 after purchasing an additional 3,200 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in U-Haul during the first quarter worth about $824,000. 3.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wolfe Research started coverage on shares of U-Haul in a research report on Monday, May 19th. They set a "peer perform" rating for the company. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Hold".

U-Haul Price Performance

Shares of UHAL opened at $59.46 on Friday. U-Haul Holding has a 1-year low of $56.25 and a 1-year high of $79.04. The stock has a market cap of $11.66 billion, a PE ratio of 27.53 and a beta of 1.18. The firm has a 50-day simple moving average of $59.58 and a two-hundred day simple moving average of $62.33. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 1.83.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.