180 Wealth Advisors LLC Grows Position in Uber Technologies, Inc. (NYSE:UBER)

180 Wealth Advisors LLC grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 18.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 11,478 shares of the ride-sharing company’s stock after buying an additional 1,822 shares during the period. 180 Wealth Advisors LLC’s holdings in Uber Technologies were worth $692,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Kieckhefer Group LLC bought a new stake in shares of Uber Technologies during the 4th quarter valued at $33,000. Financial Management Professionals Inc. grew its holdings in Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after buying an additional 252 shares in the last quarter. Transcendent Capital Group LLC increased its position in shares of Uber Technologies by 3,928.6% during the third quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock valued at $42,000 after buying an additional 550 shares during the period. Fortitude Family Office LLC lifted its holdings in shares of Uber Technologies by 84.7% in the third quarter. Fortitude Family Office LLC now owns 602 shares of the ride-sharing company’s stock worth $45,000 after buying an additional 276 shares in the last quarter. Finally, ORG Partners LLC boosted its position in shares of Uber Technologies by 142.9% in the third quarter. ORG Partners LLC now owns 651 shares of the ride-sharing company’s stock valued at $49,000 after acquiring an additional 383 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, insider Jill Hazelbaker sold 27,780 shares of the business’s 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 sale, the insider now owns 107,289 shares in the company, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UBER. Jefferies Financial Group upped their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. UBS Group upped their price target on shares of Uber Technologies from $102.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Daiwa America lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 17th. Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Finally, Bank of America lifted their price target on Uber Technologies from $88.00 to $96.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Seven equities research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.53.

Uber Technologies Stock Performance

Shares of UBER stock opened at $64.98 on Wednesday. The firm has a market capitalization of $136.83 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 0.75 and a beta of 1.36. The stock has a fifty day moving average of $66.58 and a 200 day moving average of $70.43. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70.

Uber Technologies (NYSE:UBER) last posted its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The firm had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.99 billion. During the same period last year, the company posted $0.10 EPS. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. As a group, research analysts expect that Uber Technologies, Inc. will post 1.89 earnings per share for the current year.

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.