Breed s Hill Capital LLC Makes New $392,000 Investment in Uber Technologies, Inc. (NYSE:UBER)

Breed s Hill Capital LLC purchased a new stake in Uber Technologies, Inc. (NYSE:UBER) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,369 shares of the ride-sharing company’s stock, valued at approximately $392,000.

Several other hedge funds and other institutional investors have also made changes to their positions in UBER. CVA Family Office LLC purchased a new stake in shares of Uber Technologies in the fourth quarter valued at $30,000. Highlander Capital Management LLC grew its stake in Uber Technologies by 100.0% in the 4th quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock worth $31,000 after acquiring an additional 250 shares during the period. Bfsg LLC acquired a new position in Uber Technologies in the 4th quarter valued at $31,000. Blue Bell Private Wealth Management LLC increased its stake in Uber Technologies by 49.7% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 524 shares of the ride-sharing company’s stock valued at $32,000 after purchasing an additional 174 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group boosted its stake in Uber Technologies by 82.9% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 578 shares of the ride-sharing company’s stock worth $36,000 after buying an additional 262 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

NYSE UBER traded up $1.53 on Thursday, reaching $67.93. The company’s stock had a trading volume of 27,956,039 shares, compared to its average volume of 20,634,590. The firm has a market cap of $141.39 billion, a PE ratio of 78.99, a price-to-earnings-growth ratio of 1.09 and a beta of 1.39. 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 52 week low of $37.07 and a 52 week high of $82.14. The business has a 50-day moving average price of $74.57 and a 200 day moving average price of $65.85.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, May 8th. The ride-sharing company reported ($0.32) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.53). Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The company had revenue of $10.13 billion for the quarter, compared to the consensus estimate of $10.09 billion. During the same quarter last year, the business earned ($0.08) EPS. Uber Technologies’s quarterly revenue was up 14.8% compared to the same quarter last year. Sell-side analysts expect that Uber Technologies, Inc. will post 1.23 EPS for the current year.

Insider Transactions at Uber Technologies

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

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $95.00 to $89.00 and set an “overweight” rating for the company in a research note on Thursday. Argus boosted their target price on Uber Technologies from $69.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Moffett Nathanson restated a “buy” rating and issued a $92.00 price target on shares of Uber Technologies in a report on Thursday, April 11th. Susquehanna boosted their price objective on shares of Uber Technologies from $60.00 to $85.00 and gave the stock a “positive” rating in a research note on Thursday, February 8th. Finally, The Goldman Sachs Group raised their target price on shares of Uber Technologies from $59.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Two investment analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company’s stock. According to MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.44.

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.