DeDora Capital Inc. Has $1.12 Million Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

DeDora Capital Inc. increased its position in Uber Technologies, Inc. (NYSE:UBER) by 3.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,860 shares of the ride-sharing company’s stock after purchasing an additional 562 shares during the quarter. DeDora Capital Inc.’s holdings in Uber Technologies were worth $1,117,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Procyon Advisors LLC boosted its position in shares of Uber Technologies by 2.1% during the 3rd quarter. Procyon Advisors LLC now owns 6,326 shares of the ride-sharing company’s stock worth $476,000 after acquiring an additional 131 shares in the last quarter. Wealthspire Advisors LLC grew its position in Uber Technologies by 0.6% in the 2nd quarter. Wealthspire Advisors LLC now owns 24,893 shares of the ride-sharing company’s stock worth $1,809,000 after purchasing an additional 151 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of Uber Technologies by 3.3% during the 1st quarter. Sivia Capital Partners LLC now owns 4,882 shares of the ride-sharing company’s stock valued at $376,000 after acquiring an additional 157 shares during the period. Wellington Shields Capital Management LLC lifted its stake in shares of Uber Technologies by 6.1% during the 1st quarter. Wellington Shields Capital Management LLC now owns 2,756 shares of the ride-sharing company’s stock valued at $212,000 after buying an additional 159 shares in the last quarter. Finally, Industrial Alliance Investment Management Inc. lifted its stake in shares of Uber Technologies by 3.2% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 5,170 shares of the ride-sharing company’s stock valued at $398,000 after buying an additional 160 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UBER. UBS Group raised their price objective on shares of Uber Technologies from $102.00 to $114.00 and gave the company a “buy” rating in a research report on Friday. Citigroup lifted their target price on shares of Uber Technologies from $96.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. DA Davidson reiterated a “buy” rating and issued a $82.00 price target on shares of Uber Technologies in a research note on Thursday, October 17th. Daiwa Capital Markets lowered shares of Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 target price for the company. in a research report on Thursday, October 17th. Finally, Melius Research started coverage on shares of Uber Technologies in a research report on Monday, July 22nd. They issued a “hold” rating and a $77.00 price target for the company. Six 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. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.51.

Insider Activity

In related news, insider Jill Hazelbaker sold 40,000 shares of Uber Technologies stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.00, for a total transaction of $2,880,000.00. Following the completion of the sale, the insider now owns 127,352 shares of the company’s stock, valued at approximately $9,169,344. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.84% of the company’s stock.

Uber Technologies Stock Performance

UBER remained flat at $80.46 during trading on Tuesday. The company had a trading volume of 1,530,402 shares, compared to its average volume of 17,931,207. Uber Technologies, Inc. has a 52-week low of $40.09 and a 52-week high of $87.00. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.21 and a current ratio of 1.21. The business’s 50 day moving average price is $74.53 and its 200 day moving average price is $70.67. The firm has a market capitalization of $168.12 billion, a PE ratio of 129.18, a P/E/G ratio of 1.37 and a beta of 1.33.

Uber Technologies (NYSE:UBER) last posted its earnings results on Tuesday, August 6th. The ride-sharing company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.31 by $0.16. The firm had revenue of $10.70 billion for the quarter, compared to analysts’ expectations of $10.57 billion. Uber Technologies had a return on equity of 17.06% and a net margin of 5.02%. The firm’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS. As a group, analysts forecast that Uber Technologies, Inc. will post 1.08 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.