Personal CFO Solutions LLC Increases Holdings in Uber Technologies, Inc. (NYSE:UBER)

Personal CFO Solutions LLC lifted its position in Uber Technologies, Inc. (NYSE:UBER) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,096 shares of the ride-sharing company’s stock after purchasing an additional 1,024 shares during the period. Personal CFO Solutions LLC’s holdings in Uber Technologies were worth $428,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Fairfield Financial Advisors LTD lifted its holdings in Uber Technologies by 34.0% during the fourth quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company’s stock worth $40,000 after buying an additional 170 shares during the period. Naviter Wealth LLC lifted its holdings in Uber Technologies by 109.3% during the fourth quarter. Naviter Wealth LLC now owns 20,056 shares of the ride-sharing company’s stock worth $1,210,000 after buying an additional 10,473 shares during the period. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Uber Technologies during the fourth quarter worth $2,232,000. Banco Santander S.A. lifted its holdings in Uber Technologies by 109.5% during the fourth quarter. Banco Santander S.A. now owns 540,899 shares of the ride-sharing company’s stock worth $32,627,000 after buying an additional 282,749 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its holdings in Uber Technologies by 770.3% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,019,843 shares of the ride-sharing company’s stock worth $131,372,000 after buying an additional 1,787,746 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 31,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the sale, the insider now directly owns 86,973 shares of the company’s stock, valued at $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.84% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the topic of a number of recent analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $87.00 price target (up from $80.00) on shares of Uber Technologies in a research report on Tuesday, February 18th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $80.00 price target on shares of Uber Technologies in a research report on Thursday, February 6th. UBS Group reissued a “buy” rating on shares of Uber Technologies in a research report on Friday, February 21st. The Goldman Sachs Group reissued a “buy” rating and issued a $96.00 target price on shares of Uber Technologies in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company cut their target price on Uber Technologies from $90.00 to $87.00 and set an “overweight” rating on the stock in a research report on Thursday, February 6th. Eight research 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. According to data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $90.71.

Uber Technologies Stock Performance

Shares of UBER stock opened at $76.38 on Monday. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The stock has a market capitalization of $159.55 billion, a PE ratio of 16.75, a P/E/G ratio of 0.89 and a beta of 1.39. The firm has a 50 day moving average of $70.92 and a two-hundred day moving average of $71.62.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating the consensus estimate 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, research analysts predict that Uber Technologies, Inc. will post 2.54 EPS 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.