Shares of U-Haul Holding Company (NYSE:UHAL – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $72.95 and last traded at $71.2950, with a volume of 242867 shares trading hands. The stock had previously closed at $71.30.
Analyst Ratings Changes
Several analysts have recently commented on the company. Citizens Jmp started coverage on U-Haul in a research note on Wednesday, July 15th. They issued a “mkt outperform” rating and a $90.00 price objective for the company. Citigroup initiated coverage on U-Haul in a report on Wednesday, July 15th. They set an “outperform” rating for the company. Wall Street Zen raised U-Haul from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of U-Haul in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.00.
View Our Latest Report on U-Haul
U-Haul Stock Performance
U-Haul (NYSE:UHAL – Get Free Report) last announced its earnings results on Wednesday, May 27th. The company reported ($0.70) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.02. The firm had revenue of $1.27 billion for the quarter. U-Haul had a return on equity of 1.06% and a net margin of 1.38%. Analysts expect that U-Haul Holding Company will post 1.32 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. CX Institutional bought a new position in U-Haul in the 2nd quarter valued at $56,000. Maverick Capital Ltd. purchased a new position in shares of U-Haul in the 1st quarter worth about $651,000. Caxton Associates LLP purchased a new position in shares of U-Haul in the 1st quarter worth about $496,000. Inceptionr LLC bought a new position in U-Haul during the first quarter valued at about $709,000. Finally, State of Wyoming grew its position in U-Haul by 215.2% during the first quarter. State of Wyoming now owns 7,860 shares of the company’s stock valued at $376,000 after buying an additional 5,366 shares during the period. Hedge funds and other institutional investors own 3.63% of the company’s stock.
U-Haul Company Profile
U-Haul (NYSE: UHAL) is a leading provider of do-it-yourself moving and storage solutions in North America. The company offers a comprehensive suite of products and services that includes the rental of trucks, trailers and towing equipment, as well as portable moving containers known as U-Box. In addition to vehicle rentals, U-Haul supplies customers with moving essentials such as boxes, packing materials and hitch installations, ensuring an integrated moving experience. The company also operates self-storage facilities under the U-Haul Storage brand, catering to both short-term and long-term needs.
Founded in 1945 by Leonard Shoen in Ridgefield, Washington, U-Haul has expanded its footprint through a mix of corporate-owned centers and independent dealer locations.
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