Curated Wealth Partners LLC Purchases 1,512 Shares of Uber Technologies, Inc. (NYSE:UBER)

Curated Wealth Partners LLC lifted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 24.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,741 shares of the ride-sharing company’s stock after purchasing an additional 1,512 shares during the period. Curated Wealth Partners LLC’s holdings in Uber Technologies were worth $467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. raised its stake in shares of Uber Technologies by 670.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 6,611,557 shares of the ride-sharing company’s stock worth $398,809,000 after buying an additional 5,753,637 shares during the period. Edgewood Management LLC raised its stake in Uber Technologies by 10.5% during the 3rd quarter. Edgewood Management LLC now owns 27,552,060 shares of the ride-sharing company’s stock worth $2,070,813,000 after acquiring an additional 2,627,768 shares during the period. AMF Tjanstepension AB purchased a new position in Uber Technologies during the third quarter valued at approximately $163,468,000. Nordea Investment Management AB boosted its position in shares of Uber Technologies by 1,370.1% in the fourth quarter. Nordea Investment Management AB now owns 2,215,053 shares of the ride-sharing company’s stock worth $134,144,000 after purchasing an additional 2,064,382 shares during the period. Finally, Janus Henderson Group PLC increased its stake in shares of Uber Technologies by 18.3% in the third quarter. Janus Henderson Group PLC now owns 13,286,812 shares of the ride-sharing company’s stock worth $998,767,000 after purchasing an additional 2,056,273 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insiders Place Their Bets

In other news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction on Monday, November 25th. The stock was 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 represents a 20.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.84% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on UBER. Oppenheimer upped their target price on shares of Uber Technologies from $90.00 to $95.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Gordon Haskett raised Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Thursday, October 31st. Royal Bank of Canada boosted their price target on Uber Technologies from $80.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Daiwa America lowered shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 17th. Seven equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $91.53.

Uber Technologies Trading Up 0.4 %

NYSE UBER opened at $68.59 on Friday. The stock has a market cap of $144.42 billion, a PE ratio of 34.12, a PEG ratio of 0.77 and a beta of 1.36. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. The company’s 50-day moving average price is $65.86 and its 200-day moving average price is $70.26. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70.

Uber Technologies (NYSE:UBER) last issued its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, topping 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 the consensus estimate of $10.99 billion. During the same period in the prior year, the firm earned $0.10 EPS. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. Equities research analysts forecast that Uber Technologies, Inc. will post 1.86 earnings per share for the current 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.