Flossbach Von Storch SE Purchases 485,496 Shares of Uber Technologies, Inc. (NYSE:UBER)

Flossbach Von Storch SE boosted its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 61.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,274,740 shares of the ride-sharing company's stock after buying an additional 485,496 shares during the quarter. Flossbach Von Storch SE owned 0.06% of Uber Technologies worth $76,892,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. CENTRAL TRUST Co grew its holdings in shares of Uber Technologies by 12.3% during the third quarter. CENTRAL TRUST Co now owns 1,160 shares of the ride-sharing company's stock valued at $87,000 after purchasing an additional 127 shares during the last quarter. DT Investment Partners LLC grew its stake in shares of Uber Technologies by 21.4% in the 3rd quarter. DT Investment Partners LLC now owns 821 shares of the ride-sharing company's stock worth $62,000 after purchasing an additional 145 shares during the last quarter. Jmac Enterprises LLC boosted its holdings in Uber Technologies by 2.1% during the third quarter. Jmac Enterprises LLC now owns 7,340 shares of the ride-sharing company's stock worth $552,000 after buying an additional 150 shares in the last quarter. Canopy Partners LLC grew its position in Uber Technologies by 2.2% in the third quarter. Canopy Partners LLC now owns 6,958 shares of the ride-sharing company's stock worth $523,000 after buying an additional 151 shares during the last quarter. Finally, Drive Wealth Management LLC increased its holdings in shares of Uber Technologies by 3.1% in the fourth quarter. Drive Wealth Management LLC now owns 5,172 shares of the ride-sharing company's stock valued at $312,000 after buying an additional 155 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Insider Buying and Selling

In other news, insider Jill Hazelbaker sold 31,000 shares of the company'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 value of $2,511,620.00. Following the sale, the insider now directly owns 86,973 shares in the company, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UBER. JMP Securities restated a "market perform" rating on shares of Uber Technologies in a report on Thursday, February 6th. Arete Research raised Uber Technologies to a "hold" rating in a research note on Tuesday. UBS Group reduced their price objective on shares of Uber Technologies from $114.00 to $107.00 and set a "buy" rating for the company in a research note on Monday, February 3rd. Loop Capital lifted their target price on shares of Uber Technologies from $84.00 to $86.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. Finally, Needham & Company LLC reissued a "buy" rating and set a $90.00 target price on shares of Uber Technologies in a research note on Wednesday, February 5th. Eight analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $90.91.

Uber Technologies Stock Performance

UBER traded down $2.38 on Friday, hitting $78.89. 18,958,126 shares of the stock traded hands, compared to its average volume of 28,699,561. The business has a fifty day moving average price of $67.67 and a two-hundred day moving average price of $71.11. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $164.79 billion, a PE ratio of 17.30, a P/E/G ratio of 0.89 and a beta of 1.39. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. 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.