Uber Technologies, Inc. (NYSE:UBER) Stock Holdings Lowered by Swiss National Bank

Swiss National Bank lowered its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,341,600 shares of the ride-sharing company's stock after selling 240,200 shares during the quarter. Swiss National Bank owned approximately 0.25% of Uber Technologies worth $322,205,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of UBER. Avion Wealth increased its position in Uber Technologies by 96.0% in the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock valued at $26,000 after acquiring an additional 218 shares during the period. GHP Investment Advisors Inc. grew its stake in shares of Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock valued at $29,000 after purchasing an additional 223 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new position in shares of Uber Technologies in the fourth quarter valued at approximately $35,000. Kieckhefer Group LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth approximately $33,000. Finally, Fairfield Financial Advisors LTD lifted its holdings in shares of Uber Technologies by 34.0% during the fourth quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company's stock worth $40,000 after purchasing an additional 170 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on UBER shares. Wolfe Research boosted their price objective on shares of Uber Technologies from $90.00 to $92.00 and gave the company an "outperform" rating in a research note on Friday, January 3rd. JPMorgan Chase & Co. dropped their price objective on Uber Technologies from $95.00 to $90.00 and set an "overweight" rating on the stock in a report on Thursday, February 6th. JMP Securities reissued a "market perform" rating on shares of Uber Technologies in a report on Thursday, February 6th. Fox Advisors cut shares of Uber Technologies from an "overweight" rating to an "equal weight" rating in a research note on Tuesday. Finally, Evercore ISI reduced their price objective on shares of Uber Technologies from $120.00 to $115.00 and set an "outperform" rating for the company in a research note on Thursday, February 6th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $90.31.

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Uber Technologies Trading Down 2.6 %

Shares of Uber Technologies stock traded down $1.83 during trading hours on Thursday, reaching $69.37. The stock had a trading volume of 15,256,178 shares, compared to its average volume of 19,587,204. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The firm has a 50 day simple moving average of $71.71 and a two-hundred day simple moving average of $71.57. The firm has a market capitalization of $144.91 billion, a price-to-earnings ratio of 15.21, a P/E/G ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results 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 net margin of 22.41% and a return on equity of 62.60%. As a group, equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the firm's stock in a transaction that occurred on 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 $7,046,552.46. This trade represents a 26.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.84% of the company's stock.

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.