Siemens Fonds Invest GmbH Has $129,000 Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Siemens Fonds Invest GmbH lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 96.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,134 shares of the ride-sharing company’s stock after selling 53,061 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Uber Technologies were worth $129,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Uber Technologies by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 180,766,683 shares of the ride-sharing company’s stock valued at $10,903,846,000 after buying an additional 2,364,525 shares during the last quarter. Capital Research Global Investors boosted its holdings in shares of Uber Technologies by 79.0% in the 4th quarter. Capital Research Global Investors now owns 118,131,681 shares of the ride-sharing company’s stock valued at $7,125,728,000 after buying an additional 52,125,476 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Uber Technologies by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 43,561,447 shares of the ride-sharing company’s stock valued at $2,621,929,000 after buying an additional 1,061,088 shares during the last quarter. Capital World Investors boosted its holdings in shares of Uber Technologies by 10.1% in the 4th quarter. Capital World Investors now owns 30,355,075 shares of the ride-sharing company’s stock valued at $1,831,021,000 after buying an additional 2,792,039 shares during the last quarter. Finally, Jennison Associates LLC boosted its holdings in shares of Uber Technologies by 36.9% in the 4th quarter. Jennison Associates LLC now owns 26,460,312 shares of the ride-sharing company’s stock valued at $1,596,086,000 after buying an additional 7,137,512 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

Uber Technologies stock opened at $91.80 on Monday. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $92.90. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The stock’s 50 day moving average is $76.33 and its 200 day moving average is $71.94. The firm has a market cap of $191.96 billion, a P/E ratio of 20.13, a P/E/G ratio of 0.89 and a beta of 1.43.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.33. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. The firm had revenue of $11.53 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period in the previous year, the firm earned ($0.32) earnings per share. The company’s revenue was up 13.8% compared to the same quarter last year. As a group, research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 23,404 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the transaction, the insider now directly owns 114,241 shares of the company’s stock, valued at $8,027,715.07. This represents a 17.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jill Hazelbaker sold 31,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares in the company, valued at $7,046,552.46. The trade was a 26.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 114,788 shares of company stock valued at $9,028,690. 3.84% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on UBER. Barclays increased their price objective on Uber Technologies from $86.00 to $97.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Truist Financial raised their price target on Uber Technologies from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, March 6th. Citigroup raised their price target on Uber Technologies from $92.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Evercore ISI cut their price target on Uber Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, February 6th. Finally, UBS Group raised their price target on Uber Technologies from $103.00 to $107.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Eleven investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.69.

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.