Kelleher Financial Advisors Increases Holdings in Uber Technologies, Inc. (NYSE:UBER)

Kelleher Financial Advisors increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 34.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,168 shares of the ride-sharing company’s stock after purchasing an additional 4,399 shares during the period. Kelleher Financial Advisors’ holdings in Uber Technologies were worth $1,036,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. boosted its position in Uber Technologies by 104.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after buying an additional 252 shares during the last quarter. Retirement Wealth Solutions LLC purchased a new position in Uber Technologies in the 4th quarter valued at about $35,000. Kieckhefer Group LLC purchased a new position in Uber Technologies in the 4th quarter valued at about $33,000. Transcendent Capital Group LLC boosted its position in Uber Technologies by 3,928.6% in the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock valued at $42,000 after buying an additional 550 shares during the last quarter. Finally, Fortitude Family Office LLC boosted its position in Uber Technologies by 84.7% in the 3rd 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 last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Up 0.1 %

Uber Technologies stock opened at $67.79 on Thursday. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The firm’s fifty day simple moving average is $66.08 and its 200-day simple moving average is $70.31. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $142.75 billion, a P/E ratio of 33.73, a P/E/G ratio of 0.73 and a beta of 1.36.

Uber Technologies (NYSE:UBER) last posted its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. During the same period last year, the business posted $0.10 EPS. Uber Technologies’s revenue was up 20.4% compared to the same quarter last year. Sell-side analysts forecast that Uber Technologies, Inc. will post 1.91 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the topic of a number of recent analyst reports. Royal Bank of Canada upped their target price on shares of Uber Technologies from $80.00 to $82.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Oppenheimer upped their target price on shares of Uber Technologies from $90.00 to $95.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. KeyCorp cut their target price on shares of Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. DA Davidson upped their target price on shares of Uber Technologies from $82.00 to $84.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Finally, Citizens Jmp lowered shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Seven research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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 on Monday, November 25th. The shares were sold at an average price of $72.90, for a total value of $2,025,162.00. Following the sale, the insider now directly owns 107,289 shares in the company, valued at $7,821,368.10. This trade represents a 20.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.84% of the stock is currently owned by company insiders.

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.