Americana Partners LLC Has $408,000 Holdings in Uber Technologies, Inc. (NYSE:UBER)

Americana Partners LLC lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,475 shares of the ride-sharing company’s stock after purchasing an additional 497 shares during the quarter. Americana Partners LLC’s holdings in Uber Technologies were worth $408,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Drive Wealth Management LLC grew its holdings in shares of Uber Technologies by 3.6% during the 4th quarter. Drive Wealth Management LLC now owns 4,691 shares of the ride-sharing company’s stock worth $289,000 after purchasing an additional 163 shares in the last quarter. Cigna Investments Inc. New grew its holdings in shares of Uber Technologies by 0.9% during the 4th quarter. Cigna Investments Inc. New now owns 20,743 shares of the ride-sharing company’s stock worth $1,277,000 after purchasing an additional 178 shares in the last quarter. Procyon Advisors LLC boosted its stake in Uber Technologies by 3.6% in the 4th quarter. Procyon Advisors LLC now owns 5,258 shares of the ride-sharing company’s stock valued at $324,000 after buying an additional 182 shares in the last quarter. Harbour Capital Advisors LLC boosted its stake in Uber Technologies by 2.1% in the 4th quarter. Harbour Capital Advisors LLC now owns 9,920 shares of the ride-sharing company’s stock valued at $578,000 after buying an additional 200 shares in the last quarter. Finally, SOA Wealth Advisors LLC. boosted its stake in Uber Technologies by 18.2% in the 4th quarter. SOA Wealth Advisors LLC. now owns 1,299 shares of the ride-sharing company’s stock valued at $80,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Buying and Selling

In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the firm’s stock in a transaction that occurred 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 $8,350,380.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the firm’s stock in a transaction that occurred 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 $8,350,380.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Tony West sold 18,750 shares of the firm’s stock in a transaction that occurred 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 sale, the insider now directly owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The disclosure for this sale can be found here. 3.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently commented on UBER. TheStreet raised Uber Technologies from a “c” rating to a “b-” rating in a research note on Wednesday, February 7th. Argus boosted their price target on Uber Technologies from $69.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, March 4th. Nomura downgraded Uber Technologies from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $59.00 to $62.00 in a research report on Friday, December 29th. Royal Bank of Canada reiterated an “outperform” rating and issued a $85.00 price objective on shares of Uber Technologies in a research report on Thursday, February 15th. Finally, Mizuho lifted their price objective on Uber Technologies from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Two research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $77.78.

Uber Technologies Stock Down 2.8 %

NYSE:UBER opened at $75.03 on Tuesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $156.17 billion, a PE ratio of 87.24, a PEG ratio of 1.25 and a beta of 1.36. Uber Technologies, Inc. has a 52-week low of $29.22 and a 52-week high of $82.14. The stock has a 50-day simple moving average of $76.06 and a 200 day simple moving average of $61.97.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.50. The business had revenue of $9.94 billion during the quarter, compared to the consensus estimate of $9.76 billion. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. Uber Technologies’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period last year, the company earned $0.29 earnings per share. On average, sell-side analysts expect that Uber Technologies, Inc. will post 1.19 EPS for the current fiscal year.

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.