Parkwood LLC Increases Stock Holdings in U-Haul Holding (NASDAQ:UHAL)

Parkwood LLC raised its stake in U-Haul Holding (NASDAQ:UHAL - Free Report) by 31.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,744 shares of the transportation company's stock after buying an additional 31,085 shares during the quarter. Parkwood LLC owned about 0.07% of U-Haul worth $9,033,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Lord Abbett & CO. LLC lifted its position in shares of U-Haul by 33.9% during the fourth quarter. Lord Abbett & CO. LLC now owns 300,000 shares of the transportation company's stock worth $20,727,000 after purchasing an additional 75,964 shares in the last quarter. Old West Investment Management LLC lifted its position in shares of U-Haul by 6.0% during the fourth quarter. Old West Investment Management LLC now owns 133,537 shares of the transportation company's stock worth $9,226,000 after purchasing an additional 7,590 shares in the last quarter. Gabelli Funds LLC increased its stake in shares of U-Haul by 337.1% during the fourth quarter. Gabelli Funds LLC now owns 30,600 shares of the transportation company's stock worth $2,114,000 after buying an additional 23,600 shares during the period. MGO One Seven LLC increased its stake in shares of U-Haul by 15.2% during 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 period. Finally, Aquatic Capital Management LLC increased its stake in shares of U-Haul by 36.0% during 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 period. Institutional investors and hedge funds own 3.63% of the company's stock.

Insider Activity

In other U-Haul news, Director John P. Brogan sold 3,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $67.04, for a total value of $201,120.00. Following the completion of the sale, the director now owns 40,987 shares of the company's stock, valued at approximately $2,747,768.48. This trade represents a 6.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Mark V. Shoen sold 12,500 shares of the firm's 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 completion of the sale, the insider now directly owns 667,500 shares of the company's stock, valued at approximately $43,961,550. This trade represents a 1.84% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,000 shares of company stock valued at $1,837,245. 50.10% of the stock is currently owned by company insiders.

U-Haul Stock Down 0.9%

Shares of UHAL stock traded down $0.58 during trading hours on Monday, reaching $65.16. 20,624 shares of the stock were exchanged, compared to its average volume of 97,230. The business's fifty day moving average is $62.85 and its two-hundred day moving average is $68.30. 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 Holding has a 12-month low of $56.28 and a 12-month high of $79.04. The firm has a market capitalization of $12.78 billion, a P/E ratio of 30.12 and a beta of 1.27.

U-Haul Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 17th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.31%.

Analyst Upgrades and Downgrades

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

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.