Epoch Investment Partners Inc. Has $92.70 Million Holdings in Uber Technologies, Inc. (NYSE:UBER)

Epoch Investment Partners Inc. increased its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 42.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,536,727 shares of the ride-sharing company's stock after buying an additional 459,997 shares during the period. Epoch Investment Partners Inc. owned 0.07% of Uber Technologies worth $92,695,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UBER. Norges Bank bought a new stake in shares of Uber Technologies in the 4th quarter valued at about $1,467,754,000. Jennison Associates LLC raised its stake in Uber Technologies by 36.9% in the fourth quarter. Jennison Associates LLC now owns 26,460,312 shares of the ride-sharing company's stock valued at $1,596,086,000 after buying an additional 7,137,512 shares during the period. Boston Partners acquired a new stake in shares of Uber Technologies in the fourth quarter valued at approximately $381,057,000. Assenagon Asset Management S.A. lifted its position in shares of Uber Technologies by 670.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 6,611,557 shares of the ride-sharing company's stock valued at $398,809,000 after buying an additional 5,753,637 shares during the last quarter. Finally, Montrusco Bolton Investments Inc. acquired a new position in shares of Uber Technologies during the 4th quarter worth approximately $166,072,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $75.28 on Friday. The company's 50 day moving average price is $74.06 and its two-hundred day moving average price is $71.46. The firm has a market capitalization of $157.47 billion, a P/E ratio of 16.51, a P/E/G ratio of 0.89 and a beta of 1.37. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. 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 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%. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Nikki Krishnamurthy sold 20,000 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $71.57, for a total value of $1,431,400.00. Following the transaction, the senior vice president now owns 361,908 shares of the company's stock, valued at $25,901,755.56. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 77,154 shares of company stock valued at $5,793,869 over the last quarter. 3.84% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on UBER shares. Benchmark reaffirmed a "hold" rating on shares of Uber Technologies in a report on Friday, January 31st. Arete Research raised shares of Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. DA Davidson cut their price objective on shares of Uber Technologies from $84.00 to $80.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Piper Sandler restated an "overweight" rating and set a $87.00 price objective (up previously from $80.00) on shares of Uber Technologies in a report on Tuesday, February 18th. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $82.00 target price on shares of Uber Technologies in a research note on Thursday, February 6th. Ten analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $89.81.

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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