DSM Capital Partners LLC Has $153.06 Million Stock Position in Uber Technologies, Inc. (NYSE:UBER)

DSM Capital Partners LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 18.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,537,391 shares of the ride-sharing company’s stock after buying an additional 393,982 shares during the period. Uber Technologies accounts for approximately 2.4% of DSM Capital Partners LLC’s holdings, making the stock its 15th biggest position. DSM Capital Partners LLC owned about 0.12% of Uber Technologies worth $153,055,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of UBER. Ascent Wealth Partners LLC acquired a new position in shares of Uber Technologies during the third quarter worth approximately $2,087,000. Teachers Retirement System of The State of Kentucky increased its position in Uber Technologies by 4.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 321,726 shares of the ride-sharing company’s stock worth $24,180,000 after acquiring an additional 13,433 shares during the period. Aviso Wealth Management acquired a new position in Uber Technologies during the 3rd quarter valued at $2,302,000. Polianta Ltd bought a new stake in Uber Technologies in the 4th quarter valued at $1,206,000. Finally, Brophy Wealth Management LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth about $1,041,000. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction 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. The trade was a 20.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.80% of the company’s stock.

Uber Technologies Stock Performance

UBER stock opened at $81.44 on Wednesday. The company has a 50 day moving average price of $66.54 and a 200 day moving average price of $70.81. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The stock has a market capitalization of $171.49 billion, a PE ratio of 17.86, a price-to-earnings-growth ratio of 0.87 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. Analysts forecast that Uber Technologies, Inc. will post 2.52 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on UBER shares. JMP Securities reiterated a “market perform” rating on shares of Uber Technologies in a research note on Thursday, February 6th. Evercore ISI cut their price target on Uber Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, February 6th. Jefferies Financial Group lifted their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Finally, Gordon Haskett upgraded shares of Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research note on Thursday, October 31st. Seven research analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average target price 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.