City Holding Co. Purchases 18,675 Shares of Uber Technologies, Inc. (NYSE:UBER)

City Holding Co. boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 79.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,305 shares of the ride-sharing company's stock after acquiring an additional 18,675 shares during the quarter. City Holding Co.'s holdings in Uber Technologies were worth $2,551,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Annex Advisory Services LLC acquired a new stake in Uber Technologies in the fourth quarter valued at approximately $14,980,000. Grove Bank & Trust lifted its holdings in shares of Uber Technologies by 71.1% in the 4th quarter. Grove Bank & Trust now owns 14,006 shares of the ride-sharing company's stock worth $845,000 after purchasing an additional 5,822 shares in the last quarter. Polianta Ltd bought a new position in Uber Technologies in the 4th quarter valued at about $1,206,000. Romano Brothers AND Company lifted its stake in Uber Technologies by 57.3% during the 4th quarter. Romano Brothers AND Company now owns 5,604 shares of the ride-sharing company's stock valued at $338,000 after acquiring an additional 2,042 shares in the last quarter. Finally, Joule Financial LLC lifted its position in shares of Uber Technologies by 3.2% during the fourth quarter. Joule Financial LLC now owns 23,664 shares of the ride-sharing company's stock valued at $1,427,000 after purchasing an additional 729 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

Insider Buying and Selling

In other news, insider Jill Hazelbaker sold 27,780 shares of the business's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of the sale, the insider now directly owns 107,289 shares of the company's stock, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Cantor Fitzgerald restated an "overweight" rating and set a $90.00 price objective on shares of Uber Technologies in a report on Wednesday, December 18th. UBS Group lifted their target price on Uber Technologies from $102.00 to $114.00 and gave the company a "buy" rating in a report on Friday, October 18th. Tigress Financial increased their price objective on Uber Technologies from $96.00 to $103.00 and gave the stock a "buy" rating in a research report on Monday, November 25th. Loop Capital lifted their price target on Uber Technologies from $84.00 to $86.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. Finally, Bank of America raised their price target on Uber Technologies from $88.00 to $96.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. Seven investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Uber Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $91.53.

Uber Technologies Trading Down 1.9 %

Shares of NYSE:UBER traded down $1.28 during trading on Monday, hitting $67.30. The company had a trading volume of 27,057,083 shares, compared to its average volume of 22,576,684. The stock has a market cap of $141.71 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 0.71 and a beta of 1.36. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41. The company has a fifty day simple moving average of $66.16 and a two-hundred day simple moving average of $70.33. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The company had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.99 billion. During the same period in the previous year, the firm earned $0.10 earnings per share. Uber Technologies's quarterly revenue was up 20.4% compared to the same quarter last year. As a group, equities analysts forecast that Uber Technologies, Inc. will post 1.9 earnings per share for the current year.

Uber Technologies 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.