Uber Technologies, Inc. (NYSE:UBER) Stock Holdings Raised by Curated Wealth Partners LLC

Curated Wealth Partners LLC boosted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 2.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,918 shares of the ride-sharing company’s stock after purchasing an additional 177 shares during the quarter. Curated Wealth Partners LLC’s holdings in Uber Technologies were worth $577,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in UBER. Capital Research Global Investors grew its stake 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 worth $7,125,728,000 after purchasing an additional 52,125,476 shares during the last quarter. Norges Bank bought a new stake in Uber Technologies in the fourth quarter worth $1,467,754,000. Boston Partners acquired a new stake in Uber Technologies in the 4th quarter worth approximately $381,057,000. Toyota Motor Corp acquired a new position in Uber Technologies during the 4th quarter worth $309,192,000. Finally, Jericho Capital Asset Management L.P. acquired a new position in shares of Uber Technologies during the fourth quarter worth approximately $298,644,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Up 1.9%

UBER stock opened at $87.19 on Tuesday. The stock has a 50-day simple moving average of $80.63 and a two-hundred day simple moving average of $73.62. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $93.60. The firm has a market capitalization of $182.33 billion, a PE ratio of 19.12, a PEG ratio of 0.89 and a beta of 1.38.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 EPS for the quarter, topping 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 business had revenue of $11.53 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the business earned ($0.32) earnings per share. The firm’s revenue was up 13.8% on a year-over-year basis. On average, equities analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Needham & Company LLC restated a “buy” rating and set a $90.00 target price on shares of Uber Technologies in a research report on Wednesday, May 7th. Tigress Financial set a $110.00 price target on shares of Uber Technologies and gave the stock a “buy” rating in a research note on Friday, May 23rd. Arete Research upgraded Uber Technologies to a “hold” rating in a research report on Tuesday, February 18th. KGI Securities reiterated a “neutral” rating and set a $78.00 target price on shares of Uber Technologies in a report on Tuesday, March 11th. Finally, Loop Capital reiterated a “buy” rating and set a $105.00 target price (up previously from $89.00) on shares of Uber Technologies in a report on Wednesday, May 21st. Twelve research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $93.91.

Insiders Place Their Bets

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $75.00, for a total value of $206,250.00. Following the completion of the sale, the chief financial officer now owns 22,162 shares in the company, valued at $1,662,150. This represents a 11.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jill Hazelbaker sold 34,884 shares of the firm’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $86.03, for a total transaction of $3,001,070.52. Following the sale, the insider now owns 102,135 shares in the company, valued at $8,786,674.05. The trade was a 25.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 83,788 shares of company stock worth $6,517,070. 3.84% of the stock is currently owned by company insiders.

About Uber Technologies

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.