BNP Paribas Financial Markets Cuts Stake in U-Haul Holding (NASDAQ:UHAL)

BNP Paribas Financial Markets cut its stake in U-Haul Holding (NASDAQ:UHAL) by 16.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,370 shares of the transportation company’s stock after selling 453 shares during the quarter. BNP Paribas Financial Markets’ holdings in U-Haul were worth $184,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Old West Investment Management LLC raised its holdings in shares of U-Haul by 9.5% during the second quarter. Old West Investment Management LLC now owns 112,804 shares of the transportation company’s stock worth $6,963,000 after purchasing an additional 9,751 shares during the period. Applied Fundamental Research LLC boosted its stake in U-Haul by 12.9% in the 2nd quarter. Applied Fundamental Research LLC now owns 61,300 shares of the transportation company’s stock worth $3,784,000 after purchasing an additional 7,021 shares during the period. Oliver Lagore Vanvalin Investment Group raised its stake in shares of U-Haul by 23.4% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 12,459 shares of the transportation company’s stock worth $769,000 after purchasing an additional 2,362 shares in the last quarter. Intellectus Partners LLC grew its position in U-Haul by 5.4% in the third quarter. Intellectus Partners LLC now owns 5,340 shares of the transportation company’s stock worth $414,000 after acquiring an additional 275 shares in the last quarter. Finally, Granite Bay Wealth Management LLC acquired a new position in U-Haul in the 2nd quarter valued at $308,000. Institutional investors and hedge funds own 3.63% of the company’s stock.

U-Haul Price Performance

NASDAQ:UHAL opened at $72.38 on Wednesday. The stock has a market cap of $14.19 billion, a P/E ratio of 31.20 and a beta of 1.09. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.33 and a quick ratio of 2.16. U-Haul Holding has a one year low of $59.70 and a one year high of $79.04. The company has a fifty day moving average price of $72.48 and a 200 day moving average price of $69.47.

U-Haul (NASDAQ:UHAL) last released its earnings results on Wednesday, November 6th. The transportation company reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.46). The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.69 billion. U-Haul had a return on equity of 6.46% and a net margin of 8.39%. During the same quarter in the previous year, the firm earned $1.36 EPS. Analysts anticipate that U-Haul Holding will post 2.31 earnings per share for the current year.

About U-Haul

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.