Banco Bilbao Vizcaya Argentaria S.A. Purchases 148,322 Shares of Uber Technologies, Inc. (NYSE:UBER)

Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 63.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 381,219 shares of the ride-sharing company's stock after purchasing an additional 148,322 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Uber Technologies were worth $23,052,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. RiverPark Advisors LLC grew its holdings in Uber Technologies by 23.5% during the 4th quarter. RiverPark Advisors LLC now owns 48,353 shares of the ride-sharing company's stock worth $2,917,000 after acquiring an additional 9,210 shares during the period. Kerrisdale Advisers LLC boosted its position in shares of Uber Technologies by 74.9% in the 4th quarter. Kerrisdale Advisers LLC now owns 22,215 shares of the ride-sharing company's stock worth $1,340,000 after purchasing an additional 9,510 shares during the last quarter. Coppell Advisory Solutions LLC grew its stake in shares of Uber Technologies by 114.2% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,596 shares of the ride-sharing company's stock worth $97,000 after purchasing an additional 851 shares during the period. Two Creeks Capital Management LP acquired a new position in Uber Technologies in the fourth quarter valued at about $68,462,000. Finally, Brasada Capital Management LP acquired a new position in shares of Uber Technologies during the 4th quarter worth about $4,512,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on UBER shares. KGI Securities reaffirmed a "neutral" rating and issued a $78.00 target price on shares of Uber Technologies in a research note on Tuesday, March 11th. Arete Research upgraded shares of Uber Technologies to a "hold" rating in a research report on Tuesday, February 18th. Wolfe Research lifted their target price on Uber Technologies from $90.00 to $92.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. Cantor Fitzgerald restated an "overweight" rating and issued a $80.00 price target on shares of Uber Technologies in a report on Wednesday, April 16th. Finally, TD Cowen decreased their price objective on Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Ten research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Uber Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $89.81.

Uber Technologies Trading Down 0.8 %

Shares of Uber Technologies stock opened at $73.82 on Thursday. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The company has a market capitalization of $154.42 billion, a price-to-earnings ratio of 16.19, a P/E/G ratio of 0.89 and a beta of 1.37. The business has a fifty day simple moving average of $73.70 and a two-hundred day simple moving average of $71.46. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 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%. Research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Activity

In related news, insider Jill Hazelbaker sold 31,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares in the company, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Tony West sold 23,404 shares of Uber Technologies stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the completion of the sale, the insider now owns 114,241 shares of the company's stock, valued at $8,027,715.07. This trade represents a 17.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 77,154 shares of company stock valued at $5,793,869. 3.84% of the stock is owned by insiders.

Uber Technologies Company Profile

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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