Mutual of America Capital Management LLC Invests $16.94 Million in Uber Technologies, Inc. (NYSE:UBER)

Mutual of America Capital Management LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 275,100 shares of the ride-sharing company’s stock, valued at approximately $16,938,000.

Other hedge funds have also made changes to their positions in the company. OFI Invest Asset Management purchased a new stake in shares of Uber Technologies during the third quarter worth approximately $26,000. Ritter Daniher Financial Advisory LLC DE increased its stake in shares of Uber Technologies by 2,545.5% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company’s stock worth $27,000 after buying an additional 560 shares during the period. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Uber Technologies during the third quarter worth approximately $28,000. JFS Wealth Advisors LLC increased its stake in shares of Uber Technologies by 319.4% during the third quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company’s stock worth $30,000 after buying an additional 495 shares during the period. Finally, CVA Family Office LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the topic of a number of recent research reports. Piper Sandler upped their target price on shares of Uber Technologies from $78.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, March 15th. Susquehanna increased their price target on shares of Uber Technologies from $60.00 to $85.00 and gave the company a “positive” rating in a research note on Thursday, February 8th. JPMorgan Chase & Co. increased their price target on shares of Uber Technologies from $84.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. The Goldman Sachs Group increased their price target on shares of Uber Technologies from $59.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Finally, KeyCorp increased their price objective on Uber Technologies from $79.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, February 15th. Two equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $78.21.

Read Our Latest Research Report on Uber Technologies

Uber Technologies Trading Up 2.4 %

Uber Technologies stock opened at $76.16 on Friday. The stock has a market cap of $158.52 billion, a PE ratio of 88.56, a P/E/G ratio of 1.20 and a beta of 1.36. The stock has a 50-day moving average price of $76.60 and a 200 day moving average price of $62.37. Uber Technologies, Inc. has a 52 week low of $29.22 and a 52 week high of $82.14. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.50. The firm had revenue of $9.94 billion during the quarter, compared to analysts’ expectations of $9.76 billion. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The firm’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.29 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 1.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 18,750 shares of Uber Technologies stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the sale, the insider now owns 185,566 shares in the company, valued at approximately $13,004,465.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Jill Hazelbaker sold 20,000 shares of Uber Technologies stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the transaction, the insider now directly owns 107,290 shares of the company’s stock, valued at approximately $8,350,380.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tony West sold 18,750 shares of Uber Technologies stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the transaction, the insider now directly owns 185,566 shares in the company, valued at $13,004,465.28. The disclosure for this sale can be found here. 3.84% of the stock is owned by company insiders.

Uber Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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