Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by Richard W. Paul & Associates LLC

Richard W. Paul & Associates LLC lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 485.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,735 shares of the ride-sharing company’s stock after purchasing an additional 3,926 shares during the period. Richard W. Paul & Associates LLC’s holdings in Uber Technologies were worth $286,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in UBER. Financial Advocates Investment Management increased its position in Uber Technologies by 7.3% during the 3rd quarter. Financial Advocates Investment Management now owns 15,419 shares of the ride-sharing company’s stock worth $1,159,000 after purchasing an additional 1,054 shares during the period. HM Payson & Co. raised its stake in shares of Uber Technologies by 42.9% during the 3rd quarter. HM Payson & Co. now owns 1,215 shares of the ride-sharing company’s stock worth $91,000 after buying an additional 365 shares in the last quarter. Hills Bank & Trust Co raised its stake in shares of Uber Technologies by 42.4% during the 3rd quarter. Hills Bank & Trust Co now owns 3,358 shares of the ride-sharing company’s stock worth $252,000 after buying an additional 1,000 shares in the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of Uber Technologies by 4.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 22,158 shares of the ride-sharing company’s stock worth $1,665,000 after buying an additional 1,030 shares in the last quarter. Finally, Chapman Investment Management LLC grew its holdings in shares of Uber Technologies by 51.8% in the 3rd quarter. Chapman Investment Management LLC now owns 33,101 shares of the ride-sharing company’s stock worth $2,488,000 after acquiring an additional 11,298 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $76.07 on Friday. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. The stock has a market cap of $158.90 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 0.89 and a beta of 1.39. The stock’s 50 day moving average price is $69.53 and its 200 day moving average price is $71.54. 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 (NYSE:UBER) last posted its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares in the company, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $80.00 price target on shares of Uber Technologies in a report on Thursday, February 6th. JPMorgan Chase & Co. lowered their target price on Uber Technologies from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Thursday, February 6th. UBS Group reiterated a “buy” rating on shares of Uber Technologies in a report on Friday, February 21st. JMP Securities reiterated a “market perform” rating on shares of Uber Technologies in a report on Thursday, February 6th. Finally, Evercore ISI lowered their target price on Uber Technologies from $120.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $90.94.

Uber Technologies Company 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.