Balboa Wealth Partners Takes Position in U-Haul Holding (NASDAQ:UHAL)

Balboa Wealth Partners acquired a new stake in U-Haul Holding (NASDAQ:UHAL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,985 shares of the transportation company’s stock, valued at approximately $214,000.

Several other institutional investors have also modified their holdings of the company. Intellectus Partners LLC raised its position in shares of U-Haul by 19.0% during the fourth 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. Motley Fool Asset Management LLC acquired a new stake in shares of U-Haul during the fourth quarter worth $221,000. Redmont Wealth Advisors LLC raised its position in shares of U-Haul by 12.8% during the fourth quarter. Redmont Wealth Advisors LLC now owns 9,195 shares of the transportation company’s stock worth $660,000 after purchasing an additional 1,044 shares during the period. Oliver Lagore Vanvalin Investment Group raised its position 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. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of U-Haul during the third quarter worth $3,389,000. Institutional investors and hedge funds own 3.63% of the company’s stock.

U-Haul Stock Down 1.8 %

NASDAQ:UHAL traded down $1.20 during trading hours on Thursday, hitting $65.21. 26,461 shares of the company’s stock traded hands, compared to its average volume of 91,526. The firm has a market cap of $12.79 billion, a P/E ratio of 20.06 and a beta of 1.08. U-Haul Holding has a twelve month low of $48.07 and a twelve month high of $73.03. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.07 and a current ratio of 3.29. The stock’s fifty day moving average price is $66.27 and its two-hundred day moving average price is $64.43.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered U-Haul from a “hold” rating to a “sell” rating in a research report on Saturday, February 24th.

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.