K.J. Harrison & Partners Inc Raises Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

K.J. Harrison & Partners Inc raised its position in Uber Technologies, Inc. (NYSE:UBER) by 35.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,000 shares of the ride-sharing company’s stock after acquiring an additional 21,000 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Uber Technologies were worth $4,987,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. OFI Invest Asset Management acquired a new stake in Uber Technologies during the third quarter worth approximately $26,000. Ritter Daniher Financial Advisory LLC DE lifted its position in Uber Technologies by 2,545.5% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company’s stock valued at $27,000 after acquiring an additional 560 shares during the last quarter. JFS Wealth Advisors LLC boosted its stake in Uber Technologies by 319.4% in the third quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company’s stock valued at $30,000 after acquiring an additional 495 shares in the last quarter. CVA Family Office LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth about $30,000. Finally, Highlander Capital Management LLC lifted its holdings in shares of Uber Technologies by 100.0% in the 4th quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock valued at $31,000 after purchasing an additional 250 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Truist Financial lifted their target price on Uber Technologies from $90.00 to $94.00 and gave the company a “buy” rating in a research note on Wednesday, March 27th. TheStreet raised shares of Uber Technologies from a “c” rating to a “b-” rating in a research note on Wednesday, February 7th. Barclays raised their target price on shares of Uber Technologies from $63.00 to $86.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. Gordon Haskett lowered shares of Uber Technologies from a “buy” rating to a “hold” rating and set a $66.00 price target on the stock. in a research note on Wednesday, January 24th. Finally, Roth Mkm boosted their target price on Uber Technologies from $72.00 to $79.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. Two investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.94.

Insider Buying and Selling at Uber Technologies

In related news, insider Jill Hazelbaker sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the transaction, the insider now owns 107,290 shares in the company, valued at approximately $8,350,380.70. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Uber Technologies news, insider Tony West sold 18,750 shares of the stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the sale, the insider now directly owns 185,566 shares in the company, valued at $13,004,465.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jill Hazelbaker sold 20,000 shares of Uber Technologies stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total value of $1,556,600.00. Following the transaction, the insider now owns 107,290 shares in the company, valued at approximately $8,350,380.70. The disclosure for this sale can be found here. Insiders own 3.84% of the company’s stock.

Uber Technologies Stock Down 0.4 %

UBER stock traded down $0.27 during trading hours on Friday, hitting $69.04. The company’s stock had a trading volume of 16,180,562 shares, compared to its average volume of 19,708,822. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $143.70 billion, a PE ratio of 80.28, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36. Uber Technologies, Inc. has a 12 month low of $29.22 and a 12 month high of $82.14. The stock has a 50 day moving average price of $76.30 and a two-hundred day moving average price of $64.35.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.50. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The company had revenue of $9.94 billion during the quarter, compared to the consensus estimate of $9.76 billion. During the same quarter in the prior year, the company posted $0.29 EPS. The firm’s revenue was up 15.4% on a year-over-year basis. On average, equities research analysts expect that Uber Technologies, Inc. will post 1.22 earnings per share for the current year.

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.