Caxton Associates LP Makes New $206,000 Investment in U-Haul Holding (NASDAQ:UHAL)

Caxton Associates LP purchased a new position in shares of U-Haul Holding (NASDAQ:UHAL) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,045 shares of the transportation company’s stock, valued at approximately $206,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Oliver Lagore Vanvalin Investment Group lifted its holdings in shares of U-Haul by 6.9% during the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 9,002 shares of the transportation company’s stock worth $646,000 after purchasing an additional 581 shares during the period. Redmont Wealth Advisors LLC lifted its position in U-Haul by 12.8% in the fourth quarter. Redmont Wealth Advisors LLC now owns 9,195 shares of the transportation company’s stock valued at $660,000 after purchasing an additional 1,044 shares during the period. Motley Fool Asset Management LLC purchased a new stake in U-Haul in the 4th quarter valued at approximately $221,000. Intellectus Partners LLC increased its position in U-Haul by 19.0% during the 4th quarter. Intellectus Partners LLC now owns 5,696 shares of the transportation company’s stock worth $409,000 after purchasing an additional 910 shares during the period. Finally, Balboa Wealth Partners purchased a new position in shares of U-Haul during the 4th quarter worth approximately $214,000. Hedge funds and other institutional investors own 3.63% of the company’s stock.

U-Haul Price Performance

Shares of NASDAQ:UHAL traded up $0.47 on Tuesday, reaching $66.41. 17,403 shares of the company were exchanged, compared to its average volume of 93,537. The company has a 50-day moving average of $63.78 and a 200-day moving average of $65.24. U-Haul Holding has a 1-year low of $48.07 and a 1-year high of $73.03. The company has a current ratio of 2.74, a quick ratio of 2.55 and a debt-to-equity ratio of 0.86. The firm has a market cap of $13.02 billion, a price-to-earnings ratio of 21.66 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) earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.16). The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.17 billion. U-Haul had a return on equity of 8.77% and a net margin of 11.01%. Equities analysts forecast that U-Haul Holding will post 3.03 earnings per share for the current fiscal year.

U-Haul Company 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.