Uber Technologies, Inc. (NYSE:UBER) Stock Holdings Lifted by Beech Hill Advisors Inc.

Beech Hill Advisors Inc. lifted its holdings in Uber Technologies, Inc. (NYSE:UBERFree Report) by 1.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 107,750 shares of the ride-sharing company’s stock after acquiring an additional 1,626 shares during the quarter. Uber Technologies makes up about 2.4% of Beech Hill Advisors Inc.’s holdings, making the stock its 7th largest holding. Beech Hill Advisors Inc.’s holdings in Uber Technologies were worth $6,499,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UBER. Sanders Morris Harris LLC purchased a new stake in shares of Uber Technologies during the 4th quarter worth $1,437,000. Mirador Capital Partners LP raised its holdings in Uber Technologies by 40.4% in the fourth quarter. Mirador Capital Partners LP now owns 85,214 shares of the ride-sharing company’s stock worth $5,140,000 after purchasing an additional 24,520 shares in the last quarter. StrongBox Wealth LLC lifted its position in shares of Uber Technologies by 50.2% during the fourth quarter. StrongBox Wealth LLC now owns 4,809 shares of the ride-sharing company’s stock valued at $290,000 after buying an additional 1,608 shares during the last quarter. Smith Thornton Advisors LLC bought a new stake in shares of Uber Technologies in the 4th quarter valued at about $355,000. Finally, RMR Wealth Builders grew its position in shares of Uber Technologies by 13.7% in the 4th quarter. RMR Wealth Builders now owns 15,482 shares of the ride-sharing company’s stock worth $934,000 after buying an additional 1,869 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $72.90, for a total value of $2,025,162.00. Following the completion of the transaction, the insider now owns 107,289 shares in the company, valued at $7,821,368.10. The trade was a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UBER. Gordon Haskett raised shares of Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Thursday, October 31st. Royal Bank of Canada increased their price objective on Uber Technologies from $80.00 to $82.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Jefferies Financial Group upped their target price on Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Daiwa Capital Markets lowered Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research note on Thursday, October 17th. Finally, Daiwa America downgraded shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 17th. Seven investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $91.53.

Read Our Latest Report on Uber Technologies

Uber Technologies Trading Up 1.5 %

NYSE:UBER traded up $1.03 on Thursday, reaching $68.05. 2,477,399 shares of the company’s stock were exchanged, compared to its average volume of 25,115,639. The business has a fifty day moving average of $66.43 and a 200-day moving average of $70.41. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $87.00. The firm has a market capitalization of $143.29 billion, a price-to-earnings ratio of 33.86, a price-to-earnings-growth ratio of 0.71 and a beta of 1.36.

Uber Technologies (NYSE:UBERGet Free Report) last released its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to analyst estimates 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. As a group, analysts expect that Uber Technologies, Inc. will post 1.9 earnings per share for the current year.

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.

See Also

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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

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