Tokio Marine Asset Management Co. Ltd. Acquires 1,976 Shares of Uber Technologies, Inc. (NYSE:UBER)

Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 3.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 53,132 shares of the ride-sharing company’s stock after purchasing an additional 1,976 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Uber Technologies were worth $3,993,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of UBER. GHP Investment Advisors Inc. lifted its stake in Uber Technologies by 222.7% in the 2nd quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock valued at $26,000 after acquiring an additional 245 shares in the last quarter. WR Wealth Planners LLC lifted its position in shares of Uber Technologies by 563.9% in the second quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock worth $29,000 after purchasing an additional 344 shares in the last quarter. J.Safra Asset Management Corp acquired a new position in Uber Technologies during the first quarter worth $32,000. MCF Advisors LLC grew its position in Uber Technologies by 1,038.5% in the second quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock valued at $32,000 after purchasing an additional 405 shares in the last quarter. Finally, Founders Capital Management acquired a new stake in Uber Technologies in the 2nd quarter valued at $33,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Trading Down 0.2 %

Shares of UBER stock traded down $0.16 on Thursday, hitting $71.00. The company had a trading volume of 936,299 shares, compared to its average volume of 18,078,520. The firm has a market cap of $149.51 billion, a P/E ratio of 35.40, a P/E/G ratio of 0.71 and a beta of 1.34. The stock’s 50-day moving average is $75.41 and its two-hundred day moving average is $71.00. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41. Uber Technologies, Inc. has a twelve month low of $53.15 and a twelve month high of $87.00.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.79. The firm 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%. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 EPS. On average, equities research analysts anticipate that Uber Technologies, Inc. will post 1.83 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In other news, insider Jill Hazelbaker sold 40,000 shares of Uber Technologies stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.00, for a total transaction of $2,880,000.00. Following the sale, the insider now directly owns 127,352 shares in the company, valued at $9,169,344. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.84% of the stock is owned by insiders.

Analysts Set New Price Targets

UBER has been the subject of several recent analyst reports. Evercore ISI increased their price objective on Uber Technologies from $90.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Melius began coverage on shares of Uber Technologies in a research report on Monday, July 22nd. They issued a “hold” rating and a $77.00 price objective for the company. DA Davidson upped their target price on shares of Uber Technologies from $82.00 to $84.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. BMO Capital Markets reiterated an “outperform” rating and set a $92.00 price target on shares of Uber Technologies in a report on Friday, October 11th. Finally, Daiwa America lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 17th. Six research analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $90.32.

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.