Fiera Capital Corp Purchases 8,200 Shares of Uber Technologies, Inc. (NYSE:UBER)

Fiera Capital Corp increased its position in Uber Technologies, Inc. (NYSE:UBER) by 9.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 97,912 shares of the ride-sharing company’s stock after buying an additional 8,200 shares during the period. Fiera Capital Corp’s holdings in Uber Technologies were worth $7,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GHP Investment Advisors Inc. raised its stake in Uber Technologies by 222.7% during the 2nd quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock valued at $26,000 after purchasing an additional 245 shares during the last quarter. WR Wealth Planners LLC lifted its stake 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 valued at $29,000 after buying an additional 344 shares during the period. J.Safra Asset Management Corp acquired a new stake in Uber Technologies during the first quarter worth about $32,000. MCF Advisors LLC increased its stake in Uber Technologies by 1,038.5% during the second quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock valued at $32,000 after acquiring an additional 405 shares during the period. Finally, Founders Capital Management acquired a new position in Uber Technologies in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Trading Down 1.5 %

NYSE:UBER opened at $72.04 on Friday. The firm has a market capitalization of $151.70 billion, a price-to-earnings ratio of 35.84, a PEG ratio of 0.74 and a beta of 1.34. Uber Technologies, Inc. has a 1-year low of $49.02 and a 1-year high of $87.00. The business’s 50-day moving average price is $75.45 and its two-hundred day moving average price is $70.96. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. During the same quarter last year, the firm earned $0.10 EPS. Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. On average, equities analysts expect that Uber Technologies, Inc. will post 1.83 earnings per share for the current year.

Analyst Ratings Changes

UBER has been the topic of several recent research reports. Bank of America lifted their price objective on Uber Technologies from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. BMO Capital Markets reiterated an “outperform” rating and set a $92.00 price target on shares of Uber Technologies in a research note on Friday, October 11th. Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $97.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, November 1st. Royal Bank of Canada lifted their target price on shares of Uber Technologies from $80.00 to $82.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, UBS Group increased their price target on shares of Uber Technologies from $102.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Six research analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.32.

Insider Activity

In other Uber Technologies news, insider Jill Hazelbaker sold 40,000 shares of Uber Technologies stock in a transaction dated 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 transaction, the insider now directly owns 127,352 shares in the company, valued at approximately $9,169,344. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.84% of the stock is owned by company insiders.

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.