Quinn Opportunity Partners LLC Has $5.64 Million Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Quinn Opportunity Partners LLC grew its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 12.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,500 shares of the ride-sharing company's stock after buying an additional 10,500 shares during the quarter. Quinn Opportunity Partners LLC's holdings in Uber Technologies were worth $5,640,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of UBER. Vanguard Group Inc. raised its stake in shares of Uber Technologies by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 180,766,683 shares of the ride-sharing company's stock worth $10,903,846,000 after buying an additional 2,364,525 shares during the last quarter. Geode Capital Management LLC raised its position in Uber Technologies by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 43,561,447 shares of the ride-sharing company's stock worth $2,621,929,000 after acquiring an additional 1,061,088 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of 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 purchasing an additional 7,137,512 shares in the last quarter. Norges Bank acquired a new stake in shares of Uber Technologies in the fourth quarter valued at approximately $1,467,754,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Uber Technologies by 6.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,273,165 shares of the ride-sharing company's stock worth $800,637,000 after purchasing an additional 774,956 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In related news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $206,250.00. Following the completion of the transaction, the chief financial officer now owns 22,162 shares of the company's stock, valued at $1,662,150. This trade represents a 11.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction dated 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 sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. This trade represents a 26.28 % 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 90 days. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Stock Performance

Shares of NYSE:UBER traded up $0.84 during trading hours on Monday, hitting $73.12. The stock had a trading volume of 12,463,451 shares, compared to its average volume of 20,348,345. The stock's fifty day simple moving average is $73.94 and its 200 day simple moving average is $71.44. The firm has a market capitalization of $152.95 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 0.89 and a beta of 1.37. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. Sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. DA Davidson reduced their target price on shares of Uber Technologies from $84.00 to $80.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Wells Fargo & Company raised their target price on shares of Uber Technologies from $87.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, April 3rd. JMP Securities reiterated a "market perform" rating on shares of Uber Technologies in a report on Thursday, February 6th. Citizens Jmp cut Uber Technologies from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 2nd. Finally, Wolfe Research upped their target price on Uber Technologies from $90.00 to $92.00 and gave the company an "outperform" rating in a research note on Friday, January 3rd. Ten equities research 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 stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $89.97.

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.