WINTON GROUP Ltd Has $2.54 Million Holdings in Uber Technologies, Inc. (NYSE:UBER)

WINTON GROUP Ltd increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 58.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,143 shares of the ride-sharing company’s stock after acquiring an additional 15,614 shares during the period. WINTON GROUP Ltd’s holdings in Uber Technologies were worth $2,542,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Uber Technologies by 8.3% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,251,296 shares of the ride-sharing company’s stock worth $210,001,000 after purchasing an additional 249,169 shares during the period. Tyler Stone Wealth Management lifted its position in shares of Uber Technologies by 4.9% in the fourth quarter. Tyler Stone Wealth Management now owns 40,531 shares of the ride-sharing company’s stock valued at $2,445,000 after buying an additional 1,895 shares during the last quarter. Aviso Wealth Management boosted its stake in shares of Uber Technologies by 33.0% during the 4th quarter. Aviso Wealth Management now owns 40,726 shares of the ride-sharing company’s stock worth $2,457,000 after acquiring an additional 10,103 shares during the period. Sellwood Investment Partners LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth approximately $69,000. Finally, Rovida Advisors Inc. bought a new stake in Uber Technologies in the 4th quarter valued at $4,936,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $74.90 on Friday. The company has a market cap of $156.46 billion, a PE ratio of 16.43, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The business has a 50 day moving average price of $73.33 and a 200-day moving average price of $71.71.

Uber Technologies (NYSE:UBER) last posted 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 net margin of 22.41% and a return on equity of 62.60%. Equities 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, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total value of $206,250.00. Following the completion of the transaction, the chief financial officer now owns 22,162 shares in the company, valued at $1,662,150. This represents a 11.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 20,000 shares of Uber Technologies stock in a transaction on Friday, March 14th. The stock was sold at an average price of $71.57, for a total value of $1,431,400.00. Following the sale, the senior vice president now owns 361,908 shares in the company, valued at $25,901,755.56. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 77,154 shares of company stock valued at $5,793,869. Corporate insiders own 3.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. KGI Securities restated a “neutral” rating and set a $78.00 target price on shares of Uber Technologies in a research note on Tuesday, March 11th. Wolfe Research raised their price objective on shares of Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of Uber Technologies in a report on Wednesday, February 5th. JMP Securities reiterated a “market perform” rating on shares of Uber Technologies in a research note on Thursday, February 6th. Finally, Piper Sandler reissued an “overweight” rating and set a $87.00 price target (up from $80.00) on shares of Uber Technologies in a report on Tuesday, February 18th. Ten investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $90.31.

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.