WINTON GROUP Ltd Grows Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

WINTON GROUP Ltd increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 58.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,143 shares of the ride-sharing company's stock after purchasing an additional 15,614 shares during the quarter. WINTON GROUP Ltd's holdings in Uber Technologies were worth $2,542,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Avion Wealth lifted its stake in shares of Uber Technologies by 96.0% in the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock worth $26,000 after acquiring an additional 218 shares during the period. Runnymede Capital Advisors Inc. bought a new position in Uber Technologies during the fourth quarter worth $28,000. GHP Investment Advisors Inc. lifted its holdings in Uber Technologies by 85.1% in the fourth quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock valued at $29,000 after buying an additional 223 shares during the period. Retirement Wealth Solutions LLC bought a new stake in Uber Technologies during the fourth quarter valued at $35,000. Finally, Kieckhefer Group LLC bought a new stake in Uber Technologies during the fourth quarter valued at $33,000. 80.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. dropped their price target on Uber Technologies from $95.00 to $90.00 and set an "overweight" rating on the stock in a research note on Thursday, February 6th. UBS Group reissued a "buy" rating on shares of Uber Technologies in a research report on Friday, February 21st. Royal Bank of Canada reiterated an "outperform" rating and issued a $82.00 price target on shares of Uber Technologies in a report on Thursday, February 6th. Benchmark reiterated a "hold" rating on shares of Uber Technologies in a report on Friday, January 31st. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $80.00 price objective on shares of Uber Technologies in a research note on Thursday, February 6th. Ten analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and an average price target of $90.31.

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Insider Activity

In other news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of Uber Technologies stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $206,250.00. Following the completion of the sale, the chief financial officer now owns 22,162 shares in the company, valued at approximately $1,662,150. This trade represents a 11.04 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Nikki Krishnamurthy sold 20,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $71.57, for a total transaction of $1,431,400.00. Following the completion of the transaction, the senior vice president now owns 361,908 shares in the company, valued at approximately $25,901,755.56. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 77,154 shares of company stock worth $5,793,869. 3.84% of the stock is owned by company insiders.

Uber Technologies Stock Performance

UBER stock traded up $0.17 during midday trading on Monday, reaching $72.92. 16,021,299 shares of the company's stock traded hands, compared to its average volume of 20,081,196. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The company has a 50-day moving average price of $73.55 and a two-hundred day moving average price of $71.80. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. The firm has a market capitalization of $152.53 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.