SYM FINANCIAL Corp Invests $734,000 in Uber Technologies, Inc. (NYSE:UBER)

SYM FINANCIAL Corp purchased a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,177 shares of the ride-sharing company's stock, valued at approximately $734,000.

A number of other institutional investors also recently modified their holdings of UBER. Assenagon Asset Management S.A. lifted its holdings in shares of Uber Technologies by 670.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 6,611,557 shares of the ride-sharing company's stock valued at $398,809,000 after purchasing an additional 5,753,637 shares in the last quarter. Montrusco Bolton Investments Inc. bought a new stake in Uber Technologies during the fourth quarter worth about $166,072,000. Edgewood Management LLC raised its holdings in Uber Technologies by 10.5% during the third quarter. Edgewood Management LLC now owns 27,552,060 shares of the ride-sharing company's stock worth $2,070,813,000 after acquiring an additional 2,627,768 shares in the last quarter. AMF Tjanstepension AB bought a new stake in Uber Technologies during the third quarter worth about $163,468,000. Finally, Nordea Investment Management AB raised its holdings in Uber Technologies by 1,370.1% during the fourth quarter. Nordea Investment Management AB now owns 2,215,053 shares of the ride-sharing company's stock worth $134,144,000 after acquiring an additional 2,064,382 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. DA Davidson upped their target price on Uber Technologies from $82.00 to $84.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. Tigress Financial upped their target price on Uber Technologies from $96.00 to $103.00 and gave the stock a "buy" rating in a report on Monday, November 25th. Loop Capital upped their target price on Uber Technologies from $84.00 to $86.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. UBS Group raised their price objective on Uber Technologies from $102.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, October 18th. Finally, Benchmark reaffirmed a "hold" rating on shares of Uber Technologies in a research report on Friday. Seven analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Uber Technologies currently has an average rating of "Moderate Buy" and an average price target of $91.08.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the transaction, the insider now directly owns 107,289 shares of the company's stock, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Price Performance

Shares of UBER stock traded up $0.27 during trading hours on Friday, reaching $66.86. The company's stock had a trading volume of 19,772,917 shares, compared to its average volume of 22,567,078. The firm's 50 day simple moving average is $65.61 and its 200-day simple moving average is $70.08. The company has a market capitalization of $140.79 billion, a price-to-earnings ratio of 33.26, a PEG ratio of 0.77 and a beta of 1.36. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.79. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The firm had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.99 billion. During the same quarter last year, the business posted $0.10 EPS. The company's revenue was up 20.4% compared to the same quarter last year. Sell-side analysts forecast that Uber Technologies, Inc. will post 1.85 earnings per share 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.