One Capital Management LLC lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 97.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,903 shares of the ride-sharing company's stock after acquiring an additional 3,414 shares during the period. One Capital Management LLC's holdings in Uber Technologies were worth $416,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the stock. Avion Wealth raised its position in Uber Technologies by 96.0% in the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock worth $26,000 after purchasing an additional 218 shares during the period. GHP Investment Advisors Inc. raised its position in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock worth $29,000 after purchasing an additional 223 shares during the period. Retirement Wealth Solutions LLC purchased a new position in Uber Technologies in the 4th quarter worth $35,000. Kieckhefer Group LLC purchased a new position in Uber Technologies in the 4th quarter worth $33,000. Finally, Transcendent Capital Group LLC raised its position in Uber Technologies by 3,928.6% in the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company's stock worth $42,000 after purchasing an additional 550 shares during the period. 80.24% of the stock is owned by institutional investors.
Shares of NYSE UBER opened at $76.38 on Friday. The firm's 50 day moving average price is $70.92 and its 200-day moving average price is $71.64. The company has a market cap of $159.55 billion, a PE ratio of 16.75, a P/E/G ratio of 0.89 and a beta of 1.39. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $87.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.
Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. On average, equities research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.
In other news, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the completion of the transaction, the insider now directly owns 86,973 shares of the company's stock, valued at $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.84% of the company's stock.
A number of equities analysts recently commented on UBER shares. Cantor Fitzgerald reiterated an "overweight" rating and issued a $80.00 target price on shares of Uber Technologies in a research report on Thursday, February 6th. JMP Securities restated a "market perform" rating on shares of Uber Technologies in a research report on Thursday, February 6th. UBS Group restated a "buy" rating on shares of Uber Technologies in a research report on Friday, February 21st. The Goldman Sachs Group restated a "buy" rating and issued a $96.00 price objective on shares of Uber Technologies in a research report on Thursday, January 2nd. Finally, DA Davidson decreased their price objective on shares of Uber Technologies from $84.00 to $80.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $90.71.
Get Our Latest Research Report on UBER
Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.
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