WP Advisors LLC Buys 1,150 Shares of Uber Technologies, Inc. (NYSE:UBER)

WP Advisors LLC raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 8.7% in the 4th quarter, HoldingsChannel reports. The fund owned 14,410 shares of the ride-sharing company’s stock after acquiring an additional 1,150 shares during the period. WP Advisors LLC’s holdings in Uber Technologies were worth $869,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UBER. Avion Wealth increased its position in Uber Technologies by 96.0% in the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock valued at $26,000 after acquiring an additional 218 shares during the period. GHP Investment Advisors Inc. increased its position in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock valued at $29,000 after acquiring an additional 223 shares during the period. Kieckhefer Group LLC acquired a new position in Uber Technologies in the 4th quarter valued at approximately $33,000. Retirement Wealth Solutions LLC acquired a new position in Uber Technologies in the 4th quarter valued at approximately $35,000. Finally, Financial Management Professionals Inc. increased its position in Uber Technologies by 104.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after acquiring an additional 252 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Up 0.3 %

Uber Technologies stock opened at $81.37 on Friday. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The firm has a market capitalization of $169.97 billion, a price-to-earnings ratio of 17.84, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The firm’s fifty day moving average price is $67.67 and its two-hundred day moving average price is $71.11. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, beating 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%. On average, equities research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 31,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares of the company’s stock, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.84% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on UBER shares. Citizens Jmp cut shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 2nd. Gordon Haskett upgraded shares of Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a research report on Thursday, October 31st. JPMorgan Chase & Co. decreased their price objective on shares of Uber Technologies from $95.00 to $90.00 and set an “overweight” rating for the company in a research report on Thursday, February 6th. The Goldman Sachs Group reiterated a “buy” rating and set a $96.00 price objective on shares of Uber Technologies in a research report on Thursday, January 2nd. Finally, Citigroup decreased their price objective on shares of Uber Technologies from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $90.91.

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.