Occudo Quantitative Strategies LP Sells 11,142 Shares of U-Haul Holding (NASDAQ:UHAL)

Occudo Quantitative Strategies LP reduced its position in shares of U-Haul Holding (NASDAQ:UHAL - Free Report) by 69.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,851 shares of the transportation company's stock after selling 11,142 shares during the quarter. Occudo Quantitative Strategies LP's holdings in U-Haul were worth $335,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Aster Capital Management DIFC Ltd boosted its position in shares of U-Haul by 5.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,990 shares of the transportation company's stock valued at $207,000 after acquiring an additional 142 shares during the last quarter. Optas LLC bought a new stake in U-Haul in the fourth quarter worth $219,000. Versor Investments LP bought a new stake in U-Haul in the fourth quarter worth $221,000. Legacy Capital Group California Inc. lifted its position in U-Haul by 7.5% in the fourth quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company's stock worth $234,000 after buying an additional 237 shares during the last quarter. Finally, Farringdon Capital Ltd. bought a new stake in U-Haul in the fourth quarter worth $333,000. 3.63% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, major shareholder Mark V. Shoen sold 12,500 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $65.03, for a total transaction of $812,875.00. Following the sale, the insider now owns 654,711 shares of the company's stock, valued at $42,575,856.33. This trade represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John P. Brogan sold 3,000 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $67.04, for a total value of $201,120.00. Following the sale, the director now directly owns 40,987 shares in the company, valued at approximately $2,747,768.48. The trade was a 6.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,000 shares of company stock worth $1,837,245 over the last quarter. Company insiders own 50.10% of the company's stock.

U-Haul Stock Up 0.2%

Shares of UHAL opened at $65.51 on Friday. The company has a market cap of $12.85 billion, a PE ratio of 30.33 and a beta of 1.27. The business has a fifty day moving average of $62.85 and a 200 day moving average of $68.43. U-Haul Holding has a 52-week low of $56.28 and a 52-week high of $79.04. The company has a quick ratio of 1.83, a current ratio of 2.03 and a debt-to-equity ratio of 0.89.

U-Haul Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 17th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.31%.

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.

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