Semanteon Capital Management LP bought a new position in shares of U-Haul Holding (NASDAQ:UHAL – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 9,326 shares of the transportation company’s stock, valued at approximately $644,000.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Lord Abbett & CO. LLC bought a new stake in U-Haul during the 3rd quarter worth approximately $17,358,000. Old West Investment Management LLC boosted its stake in shares of U-Haul by 11.7% in the 3rd quarter. Old West Investment Management LLC now owns 125,947 shares of the transportation company’s stock valued at $9,758,000 after purchasing an additional 13,143 shares during the last quarter. Verition Fund Management LLC boosted its stake in shares of U-Haul by 93.6% in the 3rd quarter. Verition Fund Management LLC now owns 8,371 shares of the transportation company’s stock valued at $649,000 after purchasing an additional 4,047 shares during the last quarter. Asset Planning Inc bought a new stake in shares of U-Haul in the 4th quarter valued at $491,000. Finally, Childress Capital Advisors LLC boosted its stake in shares of U-Haul by 20.0% in the 4th quarter. Childress Capital Advisors LLC now owns 6,000 shares of the transportation company’s stock valued at $415,000 after purchasing an additional 1,000 shares during the last quarter. 3.63% of the stock is owned by institutional investors.
Insider Buying and Selling
In other U-Haul news, Director John P. Brogan sold 3,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were 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 in the company, valued at approximately $2,747,768.48. This represents a 6.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Mark V. Shoen sold 12,500 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $65.03, for a total transaction of $812,875.00. Following the completion of the sale, the insider now 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. Insiders have sold a total of 28,000 shares of company stock valued at $1,837,245 over the last ninety days. 50.10% of the stock is owned by corporate insiders.
U-Haul Trading Down 2.2 %
U-Haul Announces Dividend
The business also recently announced 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 yield of 0.32%.
About U-Haul
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.
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