Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by V Square Quantitative Management LLC

V Square Quantitative Management LLC increased its position in Uber Technologies, Inc. (NYSE:UBER) by 32.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,987 shares of the ride-sharing company’s stock after buying an additional 4,442 shares during the quarter. V Square Quantitative Management LLC’s holdings in Uber Technologies were worth $1,085,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AMF Tjanstepension AB bought a new position in Uber Technologies during the third quarter valued at approximately $163,468,000. Exchange Traded Concepts LLC boosted its stake in Uber Technologies by 395.8% during the third quarter. Exchange Traded Concepts LLC now owns 4,908 shares of the ride-sharing company’s stock worth $369,000 after buying an additional 3,918 shares in the last quarter. Wedge Capital Management L L P NC acquired a new stake in Uber Technologies during the third quarter worth $277,000. Creative Planning boosted its stake in Uber Technologies by 34.0% during the third quarter. Creative Planning now owns 195,163 shares of the ride-sharing company’s stock worth $14,668,000 after buying an additional 49,491 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its stake in Uber Technologies by 11.6% during the third quarter. Cornerstone Wealth Management LLC now owns 3,793 shares of the ride-sharing company’s stock worth $285,000 after buying an additional 393 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the transaction, the insider now directly owns 107,289 shares in the company, valued at $7,821,368.10. This represents a 20.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies Stock Performance

Shares of UBER opened at $79.31 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The firm has a market cap of $167.00 billion, a PE ratio of 17.39, a PEG ratio of 0.81 and a beta of 1.39. The stock’s fifty day moving average price is $66.01 and its two-hundred day moving average price is $70.48.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (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, equities research analysts forecast that Uber Technologies, Inc. will post 2.4 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on UBER. Jefferies Financial Group lifted their price target on Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. DA Davidson dropped their price objective on Uber Technologies from $84.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, February 6th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. UBS Group decreased their price objective on Uber Technologies from $114.00 to $107.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. Finally, Tigress Financial boosted their price objective on Uber Technologies from $96.00 to $103.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Seven analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $90.70.

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.