TD Waterhouse Canada Inc. Has $11.08 Million Position in Uber Technologies, Inc. (NYSE:UBER)

TD Waterhouse Canada Inc. increased its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 183,615 shares of the ride-sharing company's stock after acquiring an additional 6,562 shares during the period. TD Waterhouse Canada Inc.'s holdings in Uber Technologies were worth $11,077,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UBER. Welch & Forbes LLC grew its holdings in Uber Technologies by 3.9% during the 4th quarter. Welch & Forbes LLC now owns 3,936 shares of the ride-sharing company's stock valued at $237,000 after purchasing an additional 148 shares in the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC grew its stake in Uber Technologies by 3.5% during the 4th quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 4,381 shares of the ride-sharing company's stock valued at $282,000 after purchasing an additional 150 shares in the last quarter. Drive Wealth Management LLC raised its position in shares of Uber Technologies by 3.1% in the 4th quarter. Drive Wealth Management LLC now owns 5,172 shares of the ride-sharing company's stock valued at $312,000 after purchasing an additional 155 shares in the last quarter. Institute for Wealth Management LLC. raised its holdings in Uber Technologies by 2.4% in the fourth quarter. Institute for Wealth Management LLC. now owns 6,606 shares of the ride-sharing company's stock valued at $398,000 after acquiring an additional 155 shares in the last quarter. Finally, Fairfield Financial Advisors LTD grew its holdings in Uber Technologies by 34.0% during the 4th quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company's stock worth $40,000 after acquiring an additional 170 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Analyst Ratings Changes

UBER has been the subject of several research analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $90.00 price objective on shares of Uber Technologies in a report on Wednesday, April 9th. JPMorgan Chase & Co. lowered their target price on shares of Uber Technologies from $90.00 to $80.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Citizens Jmp lowered shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 2nd. Arete Research upgraded Uber Technologies to a "hold" rating in a research note on Tuesday, February 18th. Finally, JMP Securities reissued a "market perform" rating on shares of Uber Technologies in a report on Thursday, February 6th. Ten investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $89.81.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 20,000 shares of the business's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $71.57, for a total value of $1,431,400.00. Following the sale, the senior vice president now owns 361,908 shares of the company's stock, valued at $25,901,755.56. The trade was a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction on Thursday, March 20th. The shares were 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 directly owns 22,162 shares of the company's stock, valued at approximately $1,662,150. This trade represents a 11.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 77,154 shares of company stock worth $5,793,869 in the last 90 days. Corporate insiders own 3.84% of the company's stock.

Uber Technologies Trading Down 0.5 %

Shares of NYSE:UBER traded down $0.36 during mid-day trading on Friday, reaching $77.74. The stock had a trading volume of 20,035,097 shares, compared to its average volume of 20,321,128. The firm has a market cap of $162.62 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. The firm has a 50 day simple moving average of $73.68 and a two-hundred day simple moving average of $71.49. 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 twelve month low of $54.84 and a twelve month high of $87.00.

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 (EPS) for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. On average, research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal 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.