Asset Management One Co. Ltd. Has $47.53 Million Holdings in Uber Technologies, Inc. (NYSE:UBER)

Asset Management One Co. Ltd. lifted its stake in Uber Technologies, Inc. (NYSE:UBER) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 777,585 shares of the ride-sharing company’s stock after acquiring an additional 24,157 shares during the period. Asset Management One Co. Ltd.’s holdings in Uber Technologies were worth $47,534,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of UBER. Avion Wealth grew its position in Uber Technologies by 96.0% in the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after purchasing an additional 218 shares during the last quarter. GHP Investment Advisors Inc. lifted its stake in shares of Uber Technologies by 85.1% in the fourth quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock valued at $29,000 after buying an additional 223 shares during the period. Kieckhefer Group LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $33,000. Retirement Wealth Solutions LLC bought a new position in Uber Technologies during the fourth quarter valued at about $35,000. Finally, Financial Management Professionals Inc. raised its holdings in Uber Technologies by 104.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after acquiring an additional 252 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Trading Up 1.2 %

UBER stock opened at $80.34 on Friday. 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 twelve month low of $54.84 and a twelve month high of $87.00. The company has a market cap of $169.16 billion, a P/E ratio of 17.62, a PEG ratio of 0.81 and a beta of 1.39. The business has a fifty day moving average of $65.71 and a 200-day moving average of $70.41.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. As a group, equities research analysts expect that Uber Technologies, Inc. will post 2.4 EPS for the current year.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction on Monday, November 25th. The stock was 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 directly owns 107,289 shares of the company’s stock, valued at $7,821,368.10. The trade was a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.84% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Benchmark reissued a “hold” rating on shares of Uber Technologies in a report on Friday, January 31st. Loop Capital lifted their price target on shares of Uber Technologies from $84.00 to $86.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. DA Davidson dropped their price objective on shares of Uber Technologies from $84.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Citigroup decreased their target price on shares of Uber Technologies from $98.00 to $92.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, Evercore ISI dropped their price target on shares of Uber Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday, February 6th. Seven equities research analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average price target of $90.70.

Uber Technologies Company 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.