Farringdon Capital Ltd. Purchases New Holdings in U-Haul Holding (NASDAQ:UHAL)

Farringdon Capital Ltd. acquired a new stake in shares of U-Haul Holding (NASDAQ:UHAL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,823 shares of the transportation company's stock, valued at approximately $333,000.

A number of other large investors have also bought and sold shares of UHAL. Lord Abbett & CO. LLC bought a new stake in shares of U-Haul during the 3rd quarter valued at $17,358,000. Optas LLC bought a new stake in U-Haul during the fourth quarter worth about $219,000. Childress Capital Advisors LLC lifted its stake in shares of U-Haul by 20.0% in the fourth quarter. Childress Capital Advisors LLC now owns 6,000 shares of the transportation company's stock worth $415,000 after buying an additional 1,000 shares in the last quarter. Asset Planning Inc bought a new stake in U-Haul in the 4th quarter worth approximately $491,000. Finally, Legacy Capital Group California Inc. increased its holdings in U-Haul by 7.5% during the fourth quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company's stock valued at $234,000 after buying an additional 237 shares during the last quarter. 3.63% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, major shareholder Mark V. Shoen sold 12,500 shares of the business's stock in a transaction dated 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 directly owns 654,711 shares in the company, valued at $42,575,856.33. The trade was a 1.87 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John P. Brogan sold 3,000 shares of the business's stock in a transaction dated 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 owns 40,987 shares in the company, valued at approximately $2,747,768.48. This trade represents a 6.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 28,000 shares of company stock worth $1,837,245. 50.10% of the stock is currently owned by insiders.

U-Haul Stock Performance

Shares of NASDAQ UHAL traded up $0.73 during trading on Thursday, hitting $61.10. The company had a trading volume of 16,475 shares, compared to its average volume of 97,989. The stock has a 50 day simple moving average of $65.27 and a 200 day simple moving average of $69.52. The firm has a market capitalization of $11.98 billion, a P/E ratio of 28.29 and a beta of 1.10. U-Haul Holding has a 12 month low of $56.28 and a 12 month high of $79.04. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.83 and a current ratio of 2.03.

U-Haul Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 17th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.33%.

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.