Redmont Wealth Advisors LLC Boosts Stake in U-Haul Holding (NASDAQ:UHAL)

Redmont Wealth Advisors LLC increased its stake in shares of U-Haul Holding (NASDAQ:UHAL) by 7.4% during the first quarter, Holdings Channel.com reports. The institutional investor owned 9,880 shares of the transportation company’s stock after buying an additional 685 shares during the quarter. Redmont Wealth Advisors LLC’s holdings in U-Haul were worth $667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in UHAL. HighTower Advisors LLC grew its stake in U-Haul by 15.9% during the 3rd quarter. HighTower Advisors LLC now owns 6,515 shares of the transportation company’s stock valued at $359,000 after purchasing an additional 895 shares during the last quarter. GSA Capital Partners LLP boosted its position in U-Haul by 477.2% in the third quarter. GSA Capital Partners LLP now owns 31,527 shares of the transportation company’s stock valued at $1,720,000 after buying an additional 26,065 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in U-Haul in the 3rd quarter worth approximately $3,389,000. Oliver Lagore Vanvalin Investment Group raised its position 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 worth $646,000 after buying an additional 581 shares during the last quarter. Finally, Motley Fool Asset Management LLC acquired a new stake in U-Haul during the 4th quarter valued at approximately $221,000. 3.63% of the stock is owned by hedge funds and other institutional investors.

U-Haul Stock Performance

Shares of NASDAQ:UHAL traded up $0.90 during midday trading on Wednesday, reaching $63.38. The company’s stock had a trading volume of 70,566 shares, compared to its average volume of 96,604. The company has a quick ratio of 2.55, a current ratio of 2.74 and a debt-to-equity ratio of 0.86. The stock has a fifty day moving average of $64.90 and a 200 day moving average of $65.88. U-Haul Holding has a twelve month low of $48.07 and a twelve month high of $73.03. The firm has a market capitalization of $12.43 billion, a PE ratio of 20.31 and a beta of 1.10.

U-Haul (NASDAQ:UHAL) last announced its quarterly earnings results on Wednesday, May 29th. The transportation company reported ($0.05) earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.17 billion. On average, equities analysts expect that U-Haul Holding will post 3.03 EPS 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.