Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,752 shares of the ride-sharing company’s stock after buying an additional 1,271 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Uber Technologies were worth $4,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Kieckhefer Group LLC acquired a new position in shares of Uber Technologies during the fourth quarter valued at about $33,000. Retirement Wealth Solutions LLC purchased a new stake in Uber Technologies during the 4th quarter worth approximately $35,000. Financial Management Professionals Inc. increased its stake in Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after purchasing an additional 252 shares in the last quarter. Transcendent Capital Group LLC raised its holdings in shares of Uber Technologies by 3,928.6% in the third quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock worth $42,000 after buying an additional 550 shares during the last quarter. Finally, Crews Bank & Trust acquired a new stake in shares of Uber Technologies during the fourth quarter worth $42,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

UBER has been the subject of a number of research analyst reports. Loop Capital raised their target price on Uber Technologies from $84.00 to $86.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. DA Davidson reduced their price objective on Uber Technologies from $84.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday. Evercore ISI dropped their target price on Uber Technologies from $120.00 to $115.00 and set an “outperform” rating on the stock in a research report on Thursday. Wolfe Research raised their price target on shares of Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Finally, KeyCorp dropped their price objective on shares of Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Seven research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.19.

Uber Technologies Stock Performance

NYSE:UBER opened at $70.04 on Friday. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00. The company has a market cap of $147.47 billion, a P/E ratio of 34.84, a P/E/G ratio of 0.77 and a beta of 1.39. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70. The company’s 50-day moving average price is $65.31 and its 200-day moving average price is $70.07.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. On average, sell-side analysts forecast that Uber Technologies, Inc. will post 1.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the transaction, the insider now directly owns 107,289 shares of the company’s stock, valued at $7,821,368.10. The trade was a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 3.80% of the stock is currently owned by corporate 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.