Anthracite Investment Company Inc. Takes $269,000 Position in U-Haul Holding (NASDAQ:UHAL)

Anthracite Investment Company Inc. acquired a new position in U-Haul Holding (NASDAQ:UHAL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,473 shares of the transportation company’s stock, valued at approximately $269,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Old West Investment Management LLC grew its position in U-Haul by 9.5% in the second quarter. Old West Investment Management LLC now owns 112,804 shares of the transportation company’s stock worth $6,963,000 after acquiring an additional 9,751 shares in the last quarter. Diversified Trust Co bought a new stake in U-Haul in the second quarter worth $248,000. Clearbridge Investments LLC acquired a new position in U-Haul during the first quarter worth $358,000. Applied Fundamental Research LLC raised its holdings in U-Haul by 12.9% during the second quarter. Applied Fundamental Research LLC now owns 61,300 shares of the transportation company’s stock valued at $3,784,000 after buying an additional 7,021 shares in the last quarter. Finally, Intellectus Partners LLC lifted its position in shares of 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 buying an additional 275 shares during the last quarter. Institutional investors own 3.63% of the company’s stock.

U-Haul Stock Performance

Shares of NASDAQ UHAL opened at $68.24 on Wednesday. The business’s 50-day simple moving average is $73.78 and its 200-day simple moving average is $68.72. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.16 and a current ratio of 2.33. U-Haul Holding has a 52 week low of $54.46 and a 52 week high of $79.04. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of 29.41 and a beta of 1.10.

U-Haul (NASDAQ:UHAL) last announced its quarterly earnings results on Wednesday, November 6th. The transportation company reported $0.91 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.46). U-Haul had a net margin of 8.39% and a return on equity of 6.46%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same quarter last year, the business earned $1.36 EPS. As a group, equities research analysts expect that U-Haul Holding will post 2.31 earnings per share for the current fiscal year.

U-Haul 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.