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

Occudo Quantitative Strategies LP cut its holdings 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 Securities and Exchange Commission. The firm 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 quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Optas LLC acquired a new position in U-Haul in the 4th quarter worth about $219,000. Childress Capital Advisors LLC increased its holdings in U-Haul by 20.0% in the fourth quarter. Childress Capital Advisors LLC now owns 6,000 shares of the transportation company's stock worth $415,000 after buying an additional 1,000 shares during the last quarter. Asset Planning Inc bought a new position in U-Haul during the fourth quarter valued at approximately $491,000. Legacy Capital Group California Inc. grew 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 acquiring an additional 237 shares in the last quarter. Finally, Versor Investments LP acquired a new position in shares of U-Haul during the 4th quarter worth $221,000. Hedge funds and other institutional investors own 3.63% of the company's stock.

U-Haul Stock Down 2.3%

Shares of NASDAQ:UHAL traded down $1.49 on Wednesday, reaching $62.78. The company had a trading volume of 31,438 shares, compared to its average volume of 97,409. The stock has a market capitalization of $12.31 billion, a P/E ratio of 29.07 and a beta of 1.27. The stock has a 50-day moving average price of $62.92 and a 200 day moving average price of $68.22. U-Haul Holding has a twelve month low of $56.28 and a twelve month 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 business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 17th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.32%.

Wall Street Analysts Forecast Growth

Separately, Wolfe Research assumed coverage on shares of U-Haul in a report on Monday. They set a "peer perform" rating on the stock.

Insiders Place Their Bets

In related news, major shareholder Mark V. Shoen sold 12,500 shares of U-Haul stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $65.86, for a total value of $823,250.00. Following the transaction, the insider now owns 667,500 shares in the company, valued at $43,961,550. This trade represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 50.10% of the company's stock.

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.