MRA Advisory Group Has $213,000 Stake in Uber Technologies, Inc. (NYSE:UBER)

MRA Advisory Group lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 23.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,531 shares of the ride-sharing company’s stock after buying an additional 679 shares during the quarter. MRA Advisory Group’s holdings in Uber Technologies were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. GHP Investment Advisors Inc. raised its stake in Uber Technologies by 222.7% in the second 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 in the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in shares of Uber Technologies by 2.9% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 71,940 shares of the ride-sharing company’s stock worth $5,229,000 after acquiring an additional 2,040 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $1,960,000. Prime Capital Investment Advisors LLC increased its stake in Uber Technologies by 59.9% in the second quarter. Prime Capital Investment Advisors LLC now owns 66,345 shares of the ride-sharing company’s stock valued at $4,822,000 after acquiring an additional 24,856 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in Uber Technologies by 58.0% during the second quarter. Brown Brothers Harriman & Co. now owns 1,299 shares of the ride-sharing company’s stock valued at $94,000 after purchasing an additional 477 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the completion of the sale, the insider now owns 107,289 shares of the company’s stock, valued at approximately $7,821,368.10. This trade represents a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.84% of the stock is owned by insiders.

Uber Technologies Stock Down 0.3 %

Shares of Uber Technologies stock opened at $65.74 on Tuesday. The stock’s 50-day moving average is $66.76 and its 200 day moving average is $70.48. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The firm has a market cap of $138.43 billion, a price-to-earnings ratio of 32.71, a PEG ratio of 0.75 and a beta of 1.36. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41.

Uber Technologies (NYSE:UBER) last posted its quarterly 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 firm had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 1.89 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on UBER. Truist Financial reduced their target price on Uber Technologies from $99.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Cantor Fitzgerald reiterated an “overweight” rating and issued a $90.00 target price on shares of Uber Technologies in a research report on Wednesday, December 18th. Royal Bank of Canada increased their target price on shares of Uber Technologies from $80.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. KeyCorp lowered their price objective on shares of Uber Technologies from $90.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, November 1st. Finally, Tigress Financial raised their target price on shares of Uber Technologies from $96.00 to $103.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Seven analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.53.

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.