MetLife Investment Management LLC Has $3.63 Million Stake in Aurora Innovation, Inc. (NASDAQ:AUR)

MetLife Investment Management LLC raised its holdings in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 7.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 576,229 shares of the company's stock after buying an additional 41,095 shares during the period. MetLife Investment Management LLC's holdings in Aurora Innovation were worth $3,630,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in AUR. Twin Tree Management LP raised its holdings in Aurora Innovation by 217.2% in the 4th quarter. Twin Tree Management LP now owns 4,450 shares of the company's stock valued at $28,000 after acquiring an additional 3,047 shares during the period. GPS Wealth Strategies Group LLC lifted its holdings in Aurora Innovation by 241.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company's stock worth $44,000 after purchasing an additional 4,955 shares during the last quarter. Grimes & Company Inc. bought a new stake in Aurora Innovation in the 4th quarter valued at $63,000. Yousif Capital Management LLC bought a new stake in Aurora Innovation in the 4th quarter valued at $65,000. Finally, Avantax Advisory Services Inc. acquired a new position in Aurora Innovation in the 4th quarter valued at $65,000. 44.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AUR shares. The Goldman Sachs Group raised shares of Aurora Innovation from a "sell" rating to a "neutral" rating and boosted their target price for the company from $3.00 to $6.00 in a research report on Thursday, April 10th. Cantor Fitzgerald reissued an "overweight" rating and issued a $10.00 price objective on shares of Aurora Innovation in a report on Thursday, February 13th. Morgan Stanley assumed coverage on shares of Aurora Innovation in a report on Monday, March 3rd. They set an "overweight" rating and a $12.00 target price on the stock. Oppenheimer began coverage on Aurora Innovation in a research note on Thursday, March 27th. They issued an "outperform" rating and a $15.00 price target for the company. Finally, Canaccord Genuity Group raised their price target on Aurora Innovation from $7.00 to $10.00 and gave the stock a "buy" rating in a research report on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $9.63.

Aurora Innovation Stock Down 4.6 %

Shares of AUR stock traded down $0.33 during mid-day trading on Thursday, reaching $6.91. 10,640,854 shares of the stock traded hands, compared to its average volume of 11,732,832. The company has a market cap of $12.02 billion, a price-to-earnings ratio of -14.80 and a beta of 2.77. The stock's fifty day simple moving average is $6.70 and its two-hundred day simple moving average is $6.75. Aurora Innovation, Inc. has a 1-year low of $2.10 and a 1-year high of $10.77.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share for the quarter. On average, equities research analysts anticipate that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Aurora Innovation Profile

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.