Handelsbanken Fonder AB grew its holdings in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 43.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 239,600 shares of the company's stock after acquiring an additional 72,400 shares during the quarter. Handelsbanken Fonder AB's holdings in Aurora Innovation were worth $1,509,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. CIBC Asset Management Inc boosted its stake in shares of Aurora Innovation by 5.1% during the 4th quarter. CIBC Asset Management Inc now owns 35,587 shares of the company's stock worth $224,000 after buying an additional 1,723 shares during the last quarter. Rhumbline Advisers lifted its position in Aurora Innovation by 5.2% during the fourth quarter. Rhumbline Advisers now owns 1,385,452 shares of the company's stock worth $8,728,000 after acquiring an additional 68,674 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in Aurora Innovation by 3.1% in the 4th quarter. Kingsview Wealth Management LLC now owns 136,408 shares of the company's stock valued at $859,000 after buying an additional 4,154 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Aurora Innovation by 57.6% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,796,952 shares of the company's stock valued at $30,221,000 after acquiring an additional 1,753,757 shares in the last quarter. Finally, Bleakley Financial Group LLC bought a new stake in shares of Aurora Innovation in the fourth quarter valued at approximately $90,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.
Aurora Innovation Trading Up 3.9 %
Shares of NASDAQ:AUR traded up $0.27 during mid-day trading on Friday, hitting $7.27. 19,446,024 shares of the company traded hands, compared to its average volume of 16,471,885. The stock has a market cap of $12.65 billion, a P/E ratio of -15.47 and a beta of 2.85. The stock has a 50-day moving average price of $7.24 and a two-hundred day moving average price of $6.18. Aurora Innovation, Inc. has a 12-month low of $2.10 and a 12-month high of $10.77.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share for the quarter. As a group, analysts expect that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the stock. Evercore ISI lifted their price objective on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an "in-line" rating in a research note on Tuesday, February 18th. Cantor Fitzgerald restated an "overweight" rating and issued a $10.00 price objective on shares of Aurora Innovation in a report on Thursday, February 13th. The Goldman Sachs Group boosted their price target on shares of Aurora Innovation from $2.00 to $2.50 and gave the stock a "sell" rating in a research report on Monday, November 4th. Wolfe Research initiated coverage on Aurora Innovation in a research note on Tuesday, November 26th. They set a "peer perform" rating for the company. Finally, Canaccord Genuity Group lifted their price target on shares of Aurora Innovation from $7.00 to $10.00 and gave the company a "buy" rating in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $6.50.
Get Our Latest Analysis on AUR
About Aurora Innovation
(
Free Report)
Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
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