Uber Technologies, Inc. (NYSE:UBER) Shares Bought by Romano Brothers AND Company

Romano Brothers AND Company lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 57.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,604 shares of the ride-sharing company’s stock after acquiring an additional 2,042 shares during the period. Romano Brothers AND Company’s holdings in Uber Technologies were worth $338,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Kieckhefer Group LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $33,000. Retirement Wealth Solutions LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at about $35,000. Financial Management Professionals Inc. grew its holdings in shares of Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock worth $37,000 after purchasing an additional 252 shares during the period. Transcendent Capital Group LLC increased its position in Uber Technologies by 3,928.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock worth $42,000 after purchasing an additional 550 shares in the last quarter. Finally, Fortitude Family Office LLC raised its holdings in Uber Technologies by 84.7% in the third quarter. Fortitude Family Office LLC now owns 602 shares of the ride-sharing company’s stock valued at $45,000 after buying an additional 276 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Down 1.9 %

Uber Technologies stock opened at $67.30 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The company has a 50-day simple moving average of $66.24 and a 200-day simple moving average of $70.36. The firm has a market capitalization of $141.71 billion, a P/E ratio of 33.48, a P/E/G ratio of 0.71 and a beta of 1.36.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, beating the consensus estimate of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. Uber Technologies’s revenue was up 20.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.10 earnings per share. As a group, equities analysts expect that Uber Technologies, Inc. will post 1.9 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on UBER. Tigress Financial boosted their price objective on shares of Uber Technologies from $96.00 to $103.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Daiwa Capital Markets downgraded Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 price target for the company. in a report on Thursday, October 17th. Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 2nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $92.00 target price on shares of Uber Technologies in a research report on Friday, October 11th. Finally, Gordon Haskett upgraded Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Thursday, October 31st. Seven analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $91.53.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the transaction, the insider now owns 107,289 shares of the company’s stock, valued at approximately $7,821,368.10. This trade represents a 20.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.80% of the stock is owned by insiders.

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.