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

A number of other institutional investors have also recently modified their holdings of the business. Landscape Capital Management L.L.C. acquired a new position in U-Haul during the first quarter worth $1,749,000. Gabelli Funds LLC grew its holdings 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 acquiring an additional 3,567 shares during the period. Old West Investment Management LLC grew its holdings 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 acquiring an additional 1,972 shares during the period. Versor Investments LP grew its holdings 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 acquiring an additional 3,200 shares during the period. Finally, Virtu Financial LLC acquired a new position in U-Haul during the first quarter worth $824,000. 3.63% of the stock is currently owned by hedge funds and other institutional investors.

U-Haul Price Performance

U-Haul stock traded down $1.10 during trading hours on Friday, hitting $57.54. The stock had a trading volume of 125,623 shares, compared to its average volume of 113,673. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 1.83. The stock has a market capitalization of $11.28 billion, a price-to-earnings ratio of 26.64 and a beta of 1.18. U-Haul Holding has a 1-year low of $56.25 and a 1-year high of $79.04. The stock's fifty day moving average is $59.23 and its two-hundred day moving average is $61.92.

Analyst Upgrades and Downgrades

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

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.