ST Germain D J Co. Inc. Has $18.27 Million Holdings in Uber Technologies, Inc. (NYSE:UBER)

ST Germain D J Co. Inc. raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 302,861 shares of the ride-sharing company's stock after buying an additional 12,688 shares during the period. ST Germain D J Co. Inc.'s holdings in Uber Technologies were worth $18,269,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. boosted its holdings in shares of Uber Technologies by 222.7% in the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company's stock worth $26,000 after buying an additional 245 shares during the period. Fairfield Financial Advisors LTD purchased a new stake in shares of Uber Technologies in the 2nd quarter valued at approximately $36,000. Financial Management Professionals Inc. grew its position in Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company's stock worth $37,000 after purchasing an additional 252 shares in the last quarter. Transcendent Capital Group LLC grew its position in Uber Technologies by 3,928.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company's stock worth $42,000 after purchasing an additional 550 shares in the last quarter. Finally, Fortitude Family Office LLC raised its stake in Uber Technologies by 84.7% during the 3rd quarter. Fortitude Family Office LLC now owns 602 shares of the ride-sharing company's stock valued at $45,000 after purchasing an additional 276 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Performance

Shares of UBER traded up $1.05 during trading hours on Friday, reaching $65.96. 30,663,772 shares of the company traded hands, compared to its average volume of 29,660,387. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41. The stock's fifty day moving average is $66.91 and its 200 day moving average is $70.52. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The stock has a market cap of $138.89 billion, a P/E ratio of 32.82, a price-to-earnings-growth ratio of 0.75 and a beta of 1.36.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.79. The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The company's quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 1.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction that occurred 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 directly owns 107,289 shares of the company's stock, valued at approximately $7,821,368.10. This represents a 20.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UBER. Benchmark reiterated a "hold" rating on shares of Uber Technologies in a report on Friday, November 1st. Daiwa Capital Markets lowered shares of Uber Technologies from an "outperform" rating to a "neutral" rating and set a $84.00 price target for the company. in a research report on Thursday, October 17th. Wolfe Research raised their price target on shares of Uber Technologies from $90.00 to $92.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $97.00 to $90.00 and set an "overweight" rating on the stock in a research note on Friday, November 1st. Finally, KeyCorp decreased their target price on shares of Uber Technologies from $90.00 to $85.00 and set an "overweight" rating for the company in a research note on Friday, November 1st. Seven analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $91.53.

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.