Roman Butler Fullerton & Co. Acquires New Holdings in Uber Technologies, Inc. (NYSE:UBER)

Roman Butler Fullerton & Co. bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,472 shares of the ride-sharing company's stock, valued at approximately $331,000.

Several other large investors have also recently added to or reduced their stakes in UBER. Capital Research Global Investors increased its stake in Uber Technologies by 79.0% during 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 buying an additional 52,125,476 shares during the period. Norges Bank acquired a new position in Uber Technologies during the 4th quarter worth approximately $1,467,754,000. Boston Partners acquired a new position in Uber Technologies during the 4th quarter worth approximately $381,057,000. Toyota Motor Corp acquired a new position in Uber Technologies during the 4th quarter worth approximately $309,192,000. Finally, Jericho Capital Asset Management L.P. acquired a new position in Uber Technologies during the 4th quarter worth approximately $298,644,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Performance

Uber Technologies stock traded up $0.29 during trading hours on Friday, reaching $83.73. 27,456,507 shares of the stock were exchanged, compared to its average volume of 20,895,478. The stock has a market cap of $175.09 billion, a P/E ratio of 14.66, a P/E/G ratio of 1.06 and a beta of 1.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 1.02. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $93.60. The firm's 50 day moving average is $83.30 and its 200 day moving average is $74.30.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The ride-sharing company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.33. The company had revenue of $11.53 billion during the quarter, compared to the consensus estimate of $11.61 billion. Uber Technologies had a net margin of 27.07% and a return on equity of 66.46%. Uber Technologies's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.32) EPS. Analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on UBER shares. Cantor Fitzgerald reiterated an "overweight" rating and set a $80.00 price target on shares of Uber Technologies in a report on Wednesday, April 16th. Loop Capital reiterated a "buy" rating and set a $105.00 price target (up previously from $89.00) on shares of Uber Technologies in a report on Wednesday, May 21st. Wells Fargo & Company boosted their price target on shares of Uber Technologies from $90.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price target on shares of Uber Technologies in a report on Wednesday, May 7th. Finally, JMP Securities restated a "market perform" rating on shares of Uber Technologies in a report on Thursday, May 15th. Eleven research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to MarketBeat, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $94.39.

Insiders Place Their Bets

In other news, insider Jill Hazelbaker sold 34,884 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $86.03, for a total value of $3,001,070.52. Following the completion of the transaction, the insider now owns 102,135 shares in the company, valued at $8,786,674.05. This trade represents a 25.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $85.00, for a total transaction of $233,750.00. Following the completion of the transaction, the chief financial officer now owns 21,063 shares of the company's stock, valued at $1,790,355. This represents a 11.55% decrease in their position. The disclosure for this sale can be found here. 3.84% of the stock is owned by insiders.

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.