Gabelli Funds LLC Sells 26,167 Shares of U-Haul Holding Company $UHAL

Gabelli Funds LLC cut its position in U-Haul Holding Company (NYSE:UHAL) by 76.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,000 shares of the company’s stock after selling 26,167 shares during the quarter. Gabelli Funds LLC’s holdings in U-Haul were worth $403,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Tudor Investment Corp ET AL raised its holdings in U-Haul by 167.3% in the third quarter. Tudor Investment Corp ET AL now owns 95,393 shares of the company’s stock worth $5,444,000 after purchasing an additional 59,699 shares in the last quarter. ArrowMark Colorado Holdings LLC raised its holdings in U-Haul by 108.2% in the third quarter. ArrowMark Colorado Holdings LLC now owns 157,800 shares of the company’s stock worth $9,006,000 after purchasing an additional 82,000 shares in the last quarter. Versor Investments LP bought a new position in U-Haul in the fourth quarter worth about $382,000. Inscription Capital LLC bought a new position in U-Haul in the fourth quarter worth about $223,000. Finally, Legacy Capital Group California Inc. raised its holdings in U-Haul by 4.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 4,801 shares of the company’s stock worth $242,000 after purchasing an additional 204 shares in the last quarter. 3.63% of the stock is currently owned by institutional investors.

U-Haul Stock Performance

UHAL opened at $51.59 on Friday. U-Haul Holding Company has a 52-week low of $41.94 and a 52-week high of $64.75. The company has a quick ratio of 2.04, a current ratio of 2.26 and a debt-to-equity ratio of 1.02. The company has a market cap of $10.12 billion, a P/E ratio of 107.48 and a beta of 1.11. The firm’s 50-day moving average price is $49.31 and its 200-day moving average price is $51.43.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of U-Haul in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $80.00.

About U-Haul

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.