Compass Capital Corp MA ADV Invests $1.19 Million in Uber Technologies, Inc. (NYSE:UBER)

Compass Capital Corp MA ADV bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 19,657 shares of the ride-sharing company's stock, valued at approximately $1,186,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Ascent Wealth Partners LLC bought a new stake in shares of Uber Technologies during the 3rd quarter valued at $2,087,000. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Uber Technologies by 4.4% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 321,726 shares of the ride-sharing company's stock worth $24,180,000 after buying an additional 13,433 shares in the last quarter. Aviso Wealth Management purchased a new stake in shares of Uber Technologies in the third quarter worth about $2,302,000. Polianta Ltd bought a new position in shares of Uber Technologies in the fourth quarter valued at approximately $1,206,000. Finally, Allworth Financial LP grew its stake in Uber Technologies by 8.9% during the fourth quarter. Allworth Financial LP now owns 20,381 shares of the ride-sharing company's stock valued at $1,229,000 after acquiring an additional 1,663 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

Uber Technologies Trading Down 2.9 %

Shares of NYSE:UBER traded down $2.38 during midday trading on Friday, hitting $78.89. 21,758,503 shares of the stock traded hands, compared to its average volume of 28,847,662. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $164.79 billion, a PE ratio of 17.30, a P/E/G ratio of 0.89 and a beta of 1.39. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The business's 50 day moving average is $67.67 and its two-hundred day moving average is $71.11.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. As a group, research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. KeyCorp cut their price target on shares of Uber Technologies from $90.00 to $85.00 and set an "overweight" rating for the company in a report on Friday, November 1st. The Goldman Sachs Group reissued a "buy" rating and set a $96.00 price objective on shares of Uber Technologies in a research note on Thursday, January 2nd. Benchmark restated a "hold" rating on shares of Uber Technologies in a research note on Friday, January 31st. Royal Bank of Canada reiterated an "outperform" rating and set a $82.00 price target on shares of Uber Technologies in a research report on Thursday, February 6th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $80.00 price objective on shares of Uber Technologies in a research report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $90.91.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was 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 owns 86,973 shares of the company's stock, valued at approximately $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.84% of the company's stock.

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.