Schonfeld Strategic Advisors LLC Sells 3,274 Shares of U-Haul Holding (NASDAQ:UHAL)

Schonfeld Strategic Advisors LLC lowered its stake in shares of U-Haul Holding (NASDAQ:UHAL) by 34.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,300 shares of the transportation company’s stock after selling 3,274 shares during the quarter. Schonfeld Strategic Advisors LLC’s holdings in U-Haul were worth $435,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Aquatic Capital Management LLC lifted its stake in U-Haul by 36.0% during the fourth quarter. Aquatic Capital Management LLC now owns 11,284 shares of the transportation company’s stock worth $780,000 after purchasing an additional 2,984 shares during the last quarter. Lord Abbett & CO. LLC lifted its stake in shares of U-Haul by 33.9% in the 4th quarter. Lord Abbett & CO. LLC now owns 300,000 shares of the transportation company’s stock valued at $20,727,000 after acquiring an additional 75,964 shares during the last quarter. MGO One Seven LLC increased its holdings in U-Haul by 15.2% in the fourth quarter. MGO One Seven LLC now owns 12,735 shares of the transportation company’s stock valued at $880,000 after purchasing an additional 1,680 shares during the period. Farringdon Capital Ltd. acquired a new stake in U-Haul in the fourth quarter valued at $333,000. Finally, Gabelli Funds LLC increased its holdings in U-Haul by 337.1% in the fourth quarter. Gabelli Funds LLC now owns 30,600 shares of the transportation company’s stock valued at $2,114,000 after purchasing an additional 23,600 shares during the period. Institutional investors and hedge funds own 3.63% of the company’s stock.

U-Haul Stock Performance

Shares of U-Haul stock opened at $63.64 on Monday. The company has a current ratio of 2.03, a quick ratio of 1.83 and a debt-to-equity ratio of 0.89. The business has a 50-day moving average price of $63.14 and a two-hundred day moving average price of $68.55. U-Haul Holding has a 1-year low of $56.28 and a 1-year high of $79.04. The company has a market cap of $12.48 billion, a P/E ratio of 29.46 and a beta of 1.27.

U-Haul Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 17th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.31%.

Insider Activity at U-Haul

In related news, major shareholder Mark V. Shoen sold 12,500 shares of U-Haul stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $65.03, for a total value of $812,875.00. Following the sale, the insider now owns 654,711 shares of the company’s stock, valued at approximately $42,575,856.33. The trade was a 1.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John P. Brogan sold 3,000 shares of U-Haul stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $67.04, for a total transaction of $201,120.00. Following the completion of the sale, the director now directly owns 40,987 shares in the company, valued at $2,747,768.48. This trade represents a 6.82% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 28,000 shares of company stock valued at $1,837,245. 50.10% of the stock is owned by corporate insiders.

U-Haul Profile

U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.