Semanteon Capital Management LP Invests $644,000 in U-Haul Holding (NASDAQ:UHAL)

Semanteon Capital Management LP acquired a new stake in U-Haul Holding (NASDAQ:UHAL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,326 shares of the transportation company's stock, valued at approximately $644,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Motley Fool Asset Management LLC acquired a new stake in shares of U-Haul in the third quarter valued at approximately $201,000. Optas LLC purchased a new position in U-Haul during the fourth quarter worth $219,000. Versor Investments LP acquired a new position in shares of U-Haul in the fourth quarter worth $221,000. Legacy Capital Group California Inc. lifted its position in shares of U-Haul by 7.5% in the fourth quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company's stock valued at $234,000 after acquiring an additional 237 shares in the last quarter. Finally, Atom Investors LP acquired a new stake in shares of U-Haul during the third quarter valued at $301,000. 3.63% of the stock is currently owned by hedge funds and other institutional investors.

U-Haul Price Performance

UHAL stock traded down $0.26 during trading on Wednesday, hitting $64.94. The stock had a trading volume of 78,964 shares, compared to its average volume of 96,060. U-Haul Holding has a 1-year low of $59.70 and a 1-year high of $79.04. The stock has a market cap of $12.73 billion, a price-to-earnings ratio of 30.07 and a beta of 1.07. The company's 50 day moving average price is $69.89 and its two-hundred day moving average price is $71.45. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.83 and a current ratio of 2.03.

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U-Haul Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 17th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.31%.

Insider Buying and Selling

In other U-Haul news, Director John P. Brogan sold 3,000 shares of the stock in a transaction 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 transaction, the director now owns 40,987 shares of the company's stock, valued at $2,747,768.48. This represents a 6.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Mark V. Shoen sold 12,500 shares of U-Haul stock in a transaction 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 completion of the sale, the insider now directly owns 654,711 shares of the company's stock, valued at approximately $42,575,856.33. This represents a 1.87 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 28,000 shares of company stock worth $1,837,245. 50.10% of the stock is owned by 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.