Uber Technologies, Inc. (NYSE:UBER) Holdings Raised by J.Safra Asset Management Corp

J.Safra Asset Management Corp raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 15.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,744 shares of the ride-sharing company’s stock after buying an additional 885 shares during the period. J.Safra Asset Management Corp’s holdings in Uber Technologies were worth $410,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Uber Technologies by 17.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 905,513 shares of the ride-sharing company’s stock valued at $68,058,000 after buying an additional 131,707 shares during the last quarter. Roman Butler Fullerton & Co. acquired a new stake in Uber Technologies in the third quarter valued at approximately $233,000. Intact Investment Management Inc. acquired a new stake in Uber Technologies in the third quarter valued at approximately $256,000. PDS Planning Inc lifted its stake in Uber Technologies by 6.6% in the third quarter. PDS Planning Inc now owns 5,861 shares of the ride-sharing company’s stock valued at $441,000 after acquiring an additional 363 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. lifted its stake in shares of Uber Technologies by 12.5% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 2,262 shares of the ride-sharing company’s stock valued at $170,000 after purchasing an additional 251 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UBER has been the subject of several analyst reports. Loop Capital lifted their price objective on shares of Uber Technologies from $84.00 to $86.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. The Goldman Sachs Group restated a “buy” rating and issued a $96.00 target price on shares of Uber Technologies in a report on Thursday, January 2nd. Citigroup reduced their target price on Uber Technologies from $98.00 to $92.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Arete Research raised shares of Uber Technologies to a “hold” rating in a report on Tuesday, February 18th. Finally, Wells Fargo & Company decreased their price objective on shares of Uber Technologies from $90.00 to $87.00 and set an “overweight” rating for the company in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.81.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the company’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 sale, the insider now directly owns 86,973 shares of the company’s stock, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 1.2 %

UBER stock opened at $75.33 on Wednesday. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The firm has a market cap of $157.37 billion, a P/E ratio of 16.52, a P/E/G ratio of 0.89 and a beta of 1.39. The business’s 50 day moving average is $70.05 and its 200-day moving average is $71.57. 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 announced 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 return on equity of 62.60% and a net margin of 22.41%. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

About Uber Technologies

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.