Lindbrook Capital LLC Has $240,000 Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Lindbrook Capital LLC raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 57.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,904 shares of the ride-sharing company’s stock after buying an additional 1,418 shares during the quarter. Lindbrook Capital LLC’s holdings in Uber Technologies were worth $240,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Brown Advisory Inc. grew its stake in shares of Uber Technologies by 1,108.6% in the third quarter. Brown Advisory Inc. now owns 15,683,867 shares of the ride-sharing company’s stock worth $721,301,000 after acquiring an additional 14,386,205 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in shares of Uber Technologies during the 3rd quarter worth about $272,625,000. Jericho Capital Asset Management L.P. acquired a new position in shares of Uber Technologies during the third quarter valued at about $187,111,000. Winslow Capital Management LLC lifted its stake in shares of Uber Technologies by 33.6% in the third quarter. Winslow Capital Management LLC now owns 9,062,836 shares of the ride-sharing company’s stock valued at $416,800,000 after buying an additional 2,278,252 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 1.7% in the third quarter. Vanguard Group Inc. now owns 124,353,537 shares of the ride-sharing company’s stock valued at $5,719,019,000 after buying an additional 2,067,098 shares during the period. 80.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on UBER shares. Nomura cut Uber Technologies from a “buy” rating to a “neutral” rating and upped their price target for the company from $59.00 to $62.00 in a report on Friday, December 29th. Royal Bank of Canada restated an “outperform” rating and issued a $85.00 target price on shares of Uber Technologies in a research note on Thursday, February 15th. Needham & Company LLC reiterated a “buy” rating and set a $90.00 price target on shares of Uber Technologies in a research note on Friday, April 5th. UBS Group increased their price objective on shares of Uber Technologies from $94.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, February 15th. Finally, BMO Capital Markets lifted their target price on shares of Uber Technologies from $82.00 to $92.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Two research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $78.94.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the transaction, the insider now owns 107,290 shares in the company, valued at $8,350,380.70. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Uber Technologies news, insider Tony West sold 18,750 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the transaction, the insider now directly owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jill Hazelbaker sold 20,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $8,350,380.70. The disclosure for this sale can be found here. 3.80% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Down 0.3 %

Shares of NYSE UBER opened at $69.00 on Tuesday. Uber Technologies, Inc. has a 1 year low of $29.22 and a 1 year high of $82.14. The firm’s 50-day moving average is $76.89 and its 200-day moving average is $63.94. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $143.62 billion, a PE ratio of 80.23, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.50. The firm had revenue of $9.94 billion for the quarter, compared to analysts’ expectations of $9.76 billion. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The business’s revenue for the quarter was up 15.4% on a year-over-year basis. During the same period last year, the firm earned $0.29 earnings per share. Equities analysts expect that Uber Technologies, Inc. will post 1.22 EPS for the current 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.