Thompson Davis & CO. Inc. Grows Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Thompson Davis & CO. Inc. increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,800 shares of the ride-sharing company’s stock after acquiring an additional 390 shares during the period. Uber Technologies makes up about 0.8% of Thompson Davis & CO. Inc.’s holdings, making the stock its 17th largest holding. Thompson Davis & CO. Inc.’s holdings in Uber Technologies were worth $911,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of UBER. Brown Advisory Inc. raised its stake in Uber Technologies by 1,108.6% in the third quarter. Brown Advisory Inc. now owns 15,683,867 shares of the ride-sharing company’s stock valued at $721,301,000 after buying an additional 14,386,205 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in Uber Technologies in the third quarter valued at $272,625,000. Jericho Capital Asset Management L.P. acquired a new stake in Uber Technologies in the third quarter valued at $187,111,000. Winslow Capital Management LLC raised its stake in Uber Technologies by 33.6% in the third quarter. Winslow Capital Management LLC now owns 9,062,836 shares of the ride-sharing company’s stock valued at $416,800,000 after buying an additional 2,278,252 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Uber Technologies by 1.7% in the third quarter. Vanguard Group Inc. now owns 124,353,537 shares of the ride-sharing company’s stock valued at $5,719,019,000 after buying an additional 2,067,098 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Price Performance

Shares of NYSE:UBER traded down $1.14 during trading on Tuesday, hitting $66.26. 22,698,419 shares of the stock were exchanged, compared to its average volume of 19,764,270. The company has a fifty day moving average price of $76.08 and a two-hundred day moving average price of $64.75. The company has a market cap of $137.91 billion, a PE ratio of 78.38, a P/E/G ratio of 1.09 and a beta of 1.36. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79. Uber Technologies, Inc. has a 12-month low of $31.76 and a 12-month high of $82.14.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data 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 firm had revenue of $9.94 billion during the quarter, compared to the consensus estimate of $9.76 billion. During the same period in the previous year, the firm posted $0.29 EPS. The company’s quarterly revenue was up 15.4% compared to the same quarter last year. On average, analysts forecast that Uber Technologies, Inc. will post 1.22 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UBER. Tigress Financial raised their price target on Uber Technologies from $72.00 to $96.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Oppenheimer reiterated an “outperform” rating and set a $90.00 target price on shares of Uber Technologies in a research report on Monday. JMP Securities reiterated a “market outperform” rating and set a $85.00 target price on shares of Uber Technologies in a research report on Thursday, March 28th. TheStreet upgraded Uber Technologies from a “c” rating to a “b-” rating in a research report on Wednesday, February 7th. Finally, Roth Mkm raised their price target on Uber Technologies from $72.00 to $79.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Two analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $79.39.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 20,000 shares of Uber Technologies stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the transaction, the insider now directly owns 107,290 shares in the company, valued at approximately $8,350,380.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the completion of the transaction, the insider now directly owns 107,290 shares in the company, valued at approximately $8,350,380.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Tony West sold 18,750 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the transaction, the insider now owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The disclosure for this sale can be found here. Insiders own 3.80% of the company’s stock.

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.