Redmont Wealth Advisors LLC Has $667,000 Stock Position in U-Haul Holding (NASDAQ:UHAL)

Redmont Wealth Advisors LLC raised its position in U-Haul Holding (NASDAQ:UHAL) by 7.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 9,880 shares of the transportation company’s stock after acquiring an additional 685 shares during the period. Redmont Wealth Advisors LLC’s holdings in U-Haul were worth $667,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of UHAL. Parkwood LLC acquired a new stake in U-Haul in the 4th quarter valued at $6,061,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of U-Haul during the third quarter worth about $3,389,000. GSA Capital Partners LLP raised its holdings in shares of U-Haul by 10.3% in the 4th quarter. GSA Capital Partners LLP now owns 34,773 shares of the transportation company’s stock worth $2,497,000 after acquiring an additional 3,246 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its position in U-Haul by 57.6% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 10,946 shares of the transportation company’s stock valued at $786,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group boosted its stake in U-Haul by 6.9% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 9,002 shares of the transportation company’s stock valued at $646,000 after purchasing an additional 581 shares during the last quarter. Institutional investors own 3.63% of the company’s stock.

U-Haul Stock Up 1.4 %

Shares of U-Haul stock traded up $0.90 on Wednesday, hitting $63.38. The company had a trading volume of 70,566 shares, compared to its average volume of 96,604. U-Haul Holding has a 1 year low of $48.07 and a 1 year high of $73.03. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.55 and a current ratio of 2.74. The stock has a 50 day moving average of $64.90 and a 200-day moving average of $65.88. The stock has a market capitalization of $12.43 billion, a price-to-earnings ratio of 20.31 and a beta of 1.10.

U-Haul (NASDAQ:UHAL) last released its quarterly earnings results on Wednesday, May 29th. The transportation company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.16). U-Haul had a net margin of 11.01% and a return on equity of 8.77%. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.17 billion. As a group, sell-side analysts forecast that U-Haul Holding will post 3.03 earnings per share for the current year.

U-Haul Profile

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.