Xponance Inc. Grows Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Xponance Inc. lifted its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 61.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 453,179 shares of the ride-sharing company's stock after acquiring an additional 172,921 shares during the period. Xponance Inc.'s holdings in Uber Technologies were worth $27,902,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of UBER. Highlander Capital Management LLC grew its stake in shares of Uber Technologies by 100.0% during the fourth quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company's stock worth $31,000 after buying an additional 250 shares during the last quarter. Treasurer of the State of North Carolina grew its stake in Uber Technologies by 0.4% during the third quarter. Treasurer of the State of North Carolina now owns 877,589 shares of the ride-sharing company's stock worth $40,360,000 after purchasing an additional 3,530 shares during the period. Compagnie Lombard Odier SCmA increased its holdings in Uber Technologies by 73.0% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 33,535 shares of the ride-sharing company's stock worth $2,065,000 after purchasing an additional 14,153 shares in the last quarter. Financial Enhancement Group LLC acquired a new position in Uber Technologies in the fourth quarter valued at approximately $1,112,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Uber Technologies by 54.3% during the 4th quarter. Fifth Third Bancorp now owns 68,894 shares of the ride-sharing company's stock worth $4,242,000 after buying an additional 24,247 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Uber Technologies Price Performance

Shares of UBER stock traded down $0.66 during trading on Thursday, hitting $71.28. The company had a trading volume of 20,420,572 shares, compared to its average volume of 19,540,527. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. The stock's 50-day moving average is $76.92 and its two-hundred day moving average is $63.34. The stock has a market capitalization of $148.36 billion, a price-to-earnings ratio of 82.88, a price-to-earnings-growth ratio of 1.19 and a beta of 1.36. Uber Technologies, Inc. has a 52 week low of $29.22 and a 52 week high of $82.14.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.50. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The business had revenue of $9.94 billion for the quarter, compared to analysts' expectations of $9.76 billion. During the same period last year, the business earned $0.29 earnings per share. The business's quarterly revenue was up 15.4% on a year-over-year basis. As a group, analysts predict that Uber Technologies, Inc. will post 1.2 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on UBER shares. Bank of America increased their price objective on shares of Uber Technologies from $68.00 to $73.00 and gave the stock a "buy" rating in a research report on Tuesday, January 30th. UBS Group boosted their price target on shares of Uber Technologies from $94.00 to $96.00 and gave the company a "buy" rating in a research note on Thursday, February 15th. Susquehanna boosted their price target on shares of Uber Technologies from $60.00 to $85.00 and gave the company a "positive" rating in a research note on Thursday, February 8th. Citigroup boosted their price target on shares of Uber Technologies from $83.00 to $91.00 and gave the company a "buy" rating in a research note on Friday, February 16th. Finally, The Goldman Sachs Group boosted their price target on shares of Uber Technologies from $59.00 to $78.00 and gave the company a "buy" rating in a research note on Thursday, January 11th. Two research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $78.21.

Insider Activity

In related news, insider Jill Hazelbaker sold 20,000 shares of the firm's stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the completion of the sale, the insider now owns 107,290 shares of the company's stock, valued at $8,350,380.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Jill Hazelbaker sold 20,000 shares of the firm's stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the completion of the sale, the insider now owns 107,290 shares of the company's stock, valued at $8,350,380.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tony West sold 18,750 shares of the firm's stock in a transaction on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the sale, the insider now directly owns 185,566 shares of the company's stock, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Insiders own 3.84% of the company's stock.

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.