Uber Technologies, Inc. (NYSE:UBER) Stock Holdings Increased by PFG Investments LLC

PFG Investments LLC lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 11.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,725 shares of the ride-sharing company's stock after buying an additional 4,138 shares during the quarter. PFG Investments LLC's holdings in Uber Technologies were worth $2,396,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Drive Wealth Management LLC grew its position in Uber Technologies by 3.1% during the 4th quarter. Drive Wealth Management LLC now owns 5,172 shares of the ride-sharing company's stock worth $312,000 after purchasing an additional 155 shares during the last quarter. Avaii Wealth Management LLC boosted its stake in shares of Uber Technologies by 45.6% during the fourth quarter. Avaii Wealth Management LLC now owns 6,663 shares of the ride-sharing company's stock worth $402,000 after buying an additional 2,088 shares during the period. Consolidated Investment Group LLC grew its holdings in shares of Uber Technologies by 80.7% during the fourth quarter. Consolidated Investment Group LLC now owns 68,300 shares of the ride-sharing company's stock worth $4,120,000 after buying an additional 30,500 shares during the last quarter. Jamison Private Wealth Management Inc. increased its position in Uber Technologies by 94.8% in the 4th quarter. Jamison Private Wealth Management Inc. now owns 4,417 shares of the ride-sharing company's stock valued at $266,000 after acquiring an additional 2,150 shares during the period. Finally, Asio Capital LLC raised its stake in Uber Technologies by 2.5% during the 4th quarter. Asio Capital LLC now owns 106,764 shares of the ride-sharing company's stock valued at $6,440,000 after acquiring an additional 2,643 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on UBER shares. Royal Bank of Canada increased their price target on Uber Technologies from $80.00 to $82.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Wolfe Research lifted their target price on shares of Uber Technologies from $90.00 to $92.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. The Goldman Sachs Group reiterated a "buy" rating and set a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. Wells Fargo & Company lowered their price objective on Uber Technologies from $97.00 to $90.00 and set an "overweight" rating on the stock in a report on Friday, November 1st. Finally, Jefferies Financial Group increased their target price on Uber Technologies from $100.00 to $105.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Seven research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $91.53.

Insider Buying and Selling at Uber Technologies

In other news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the completion of the transaction, the insider now owns 107,289 shares of the company's stock, valued at approximately $7,821,368.10. This represents a 20.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Stock Performance

Shares of NYSE:UBER traded up $0.18 during trading on Monday, reaching $68.74. 20,883,160 shares of the company's stock traded hands, compared to its average volume of 24,795,664. 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 50 day moving average of $65.86 and a 200-day moving average of $70.26. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. The stock has a market capitalization of $144.74 billion, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 0.77 and a beta of 1.36.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.79. The business had revenue of $11.19 billion for the quarter, compared to analysts' expectations of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The business's quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 1.86 EPS 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.