U-Haul (NASDAQ:UHAL) Hits New 12-Month High at $73.13

U-Haul Holding (NASDAQ:UHAL)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $73.13 and last traded at $73.13, with a volume of 21787 shares. The stock had previously closed at $71.81.

U-Haul Stock Up 1.7 %

The company has a current ratio of 2.18, a quick ratio of 1.99 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $14.32 billion, a P/E ratio of 23.82 and a beta of 1.09. The stock has a 50 day moving average price of $67.35 and a 200 day moving average price of $65.93.

U-Haul (NASDAQ:UHAL) last posted its earnings results on Wednesday, August 7th. The transportation company reported $1.00 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.20). The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.54 billion. U-Haul had a net margin of 9.92% and a return on equity of 7.76%. During the same quarter in the prior year, the business posted $1.27 earnings per share. On average, research analysts anticipate that U-Haul Holding will post 2.7 earnings per share for the current fiscal year.

Institutional Investors Weigh In On U-Haul

Hedge funds have recently added to or reduced their stakes in the business. Opal Wealth Advisors LLC bought a new position in shares of U-Haul during the first quarter valued at $120,000. Balboa Wealth Partners bought a new position in U-Haul during the 4th quarter worth $214,000. Caxton Associates LP bought a new position in U-Haul during the 1st quarter worth $206,000. Diversified Trust Co acquired a new position in U-Haul during the 2nd quarter worth about $248,000. Finally, Lodestone Wealth Management LLC grew its position in shares of U-Haul by 26.1% in the 1st quarter. Lodestone Wealth Management LLC now owns 4,259 shares of the transportation company’s stock valued at $288,000 after buying an additional 881 shares during the last quarter. 3.63% of the stock is currently owned by institutional investors and hedge funds.

About U-Haul

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.