Yarbrough Capital LLC Purchases 16,410 Shares of Uber Technologies, Inc. (NYSE:UBER)

Yarbrough Capital LLC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 358.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,994 shares of the ride-sharing company's stock after purchasing an additional 16,410 shares during the period. Yarbrough Capital LLC's holdings in Uber Technologies were worth $1,266,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. increased its position in shares of Uber Technologies by 58.0% during the second quarter. Brown Brothers Harriman & Co. now owns 1,299 shares of the ride-sharing company's stock worth $94,000 after buying an additional 477 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Uber Technologies by 13.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,798,884 shares of the ride-sharing company's stock valued at $203,401,000 after buying an additional 341,312 shares during the period. One Capital Management LLC increased its holdings in shares of Uber Technologies by 26.2% during the second quarter. One Capital Management LLC now owns 3,489 shares of the ride-sharing company's stock valued at $254,000 after acquiring an additional 725 shares in the last quarter. Stock Yards Bank & Trust Co. raised its holdings in Uber Technologies by 9.3% during the second quarter. Stock Yards Bank & Trust Co. now owns 3,530 shares of the ride-sharing company's stock worth $257,000 after buying an additional 300 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its position in Uber Technologies by 50.3% in the 2nd quarter. Axxcess Wealth Management LLC now owns 18,449 shares of the ride-sharing company's stock valued at $1,341,000 after acquiring an additional 6,171 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the transaction, the insider now owns 107,289 shares in the company, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.80% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Down 1.6 %

UBER traded down $1.11 during midday trading on Friday, reaching $67.47. The company's stock had a trading volume of 19,995,672 shares, compared to its average volume of 27,176,877. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The firm has a market capitalization of $142.07 billion, a price-to-earnings ratio of 33.60, a PEG ratio of 0.71 and a beta of 1.36. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70. The stock's 50-day moving average is $66.34 and its 200-day moving average is $70.39.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results 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 for the quarter, compared to analysts' expectations of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. Uber Technologies's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period last year, the firm earned $0.10 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 1.9 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on UBER shares. Citizens Jmp cut Uber Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 2nd. Oppenheimer raised their target price on Uber Technologies from $90.00 to $95.00 and gave the stock an "outperform" rating in a research report on Friday, September 27th. Benchmark reiterated a "hold" rating on shares of Uber Technologies in a research note on Friday, November 1st. Wells Fargo & Company dropped their price target 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, The Goldman Sachs Group reissued a "buy" rating and set a $96.00 target price on shares of Uber Technologies in a report on Thursday, January 2nd. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $91.53.

About Uber Technologies

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.