Signaturefd LLC Grows Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Signaturefd LLC grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 11.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,572 shares of the ride-sharing company’s stock after purchasing an additional 2,863 shares during the quarter. Signaturefd LLC’s holdings in Uber Technologies were worth $1,759,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. OFI Invest Asset Management bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $26,000. Ritter Daniher Financial Advisory LLC DE raised its stake in shares of Uber Technologies by 2,545.5% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company’s stock worth $27,000 after acquiring an additional 560 shares in the last quarter. JFS Wealth Advisors LLC raised its stake in shares of Uber Technologies by 319.4% during the 3rd quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company’s stock worth $30,000 after acquiring an additional 495 shares in the last quarter. CVA Family Office LLC bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $30,000. Finally, Highlander Capital Management LLC raised its stake in shares of Uber Technologies by 100.0% during 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 in the last quarter. Institutional investors own 80.24% of the company’s stock.

Insider Activity

In other news, insider Tony West sold 18,750 shares of the stock in a transaction dated 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 in the company, valued at $13,004,465.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, insider Tony West sold 18,750 shares of the stock in a transaction dated 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 in the company, valued at $13,004,465.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the sale, the insider now owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The disclosure for this sale can be found here. Company insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on UBER shares. BMO Capital Markets upped their price target on shares of Uber Technologies from $82.00 to $92.00 and gave the company an “outperform” rating in a research note on Thursday, February 15th. Bank of America upped their price target on shares of Uber Technologies from $68.00 to $73.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. The Goldman Sachs Group upped their price target 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. KeyCorp upped their price target on shares of Uber Technologies from $79.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. Finally, Argus upped their price target on shares of Uber Technologies from $69.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, March 4th. Two analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $78.94.

Uber Technologies Stock Performance

UBER opened at $69.20 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. The company has a market cap of $144.03 billion, a price-to-earnings ratio of 80.47, a PEG ratio of 1.10 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 firm’s fifty day simple moving average is $76.89 and its two-hundred day simple moving average is $63.77.

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, beating the consensus estimate of $0.16 by $0.50. The business had revenue of $9.94 billion for the quarter, compared to the consensus estimate of $9.76 billion. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The company’s revenue was up 15.4% compared to the same quarter last year. During the same period last year, the firm posted $0.29 earnings per share. Equities analysts anticipate that Uber Technologies, Inc. will post 1.22 earnings per share for the current fiscal year.

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.