FUKOKU MUTUAL LIFE INSURANCE Co Has $943,000 Position in Uber Technologies, Inc. (NYSE:UBER)

FUKOKU MUTUAL LIFE INSURANCE Co grew its position in Uber Technologies, Inc. (NYSE:UBER) by 150.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 12,545 shares of the ride-sharing company’s stock after acquiring an additional 7,545 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Uber Technologies were worth $943,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the stock. GHP Investment Advisors Inc. boosted its position in shares of Uber Technologies by 222.7% during the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock valued at $26,000 after buying an additional 245 shares during the last quarter. WR Wealth Planners LLC raised its stake in Uber Technologies by 563.9% in the second quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock worth $29,000 after buying an additional 344 shares in the last quarter. MCF Advisors LLC raised its stake in Uber Technologies by 1,038.5% in the second quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock valued at $32,000 after buying an additional 405 shares during the last quarter. Founders Capital Management purchased a new stake in shares of Uber Technologies in the 2nd quarter valued at $33,000. Finally, Financial Management Professionals Inc. grew its position in shares of Uber Technologies by 104.1% in the third quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after purchasing an additional 252 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 40,000 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the insider now owns 127,352 shares of the company’s stock, valued at $9,169,344. This represents a 23.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 0.4 %

UBER opened at $71.44 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. The stock has a market cap of $150.43 billion, a PE ratio of 35.54, a PEG ratio of 0.71 and a beta of 1.34. Uber Technologies, Inc. has a 52 week low of $53.15 and a 52 week high of $87.00. The business has a 50 day moving average of $75.40 and a 200-day moving average of $71.00.

Uber Technologies (NYSE:UBER) last issued its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.10 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 1.83 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the subject of a number of recent research reports. JMP Securities lifted their price target on shares of Uber Technologies from $80.00 to $95.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $90.00 price target on shares of Uber Technologies in a research note on Monday, October 7th. TD Cowen boosted their target price on shares of Uber Technologies from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, July 23rd. Roth Mkm raised their price target on Uber Technologies from $89.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Daiwa America cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 17th. Six investment analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $90.32.

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.