Carlton Hofferkamp & Jenks Wealth Management LLC Raises Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Carlton Hofferkamp & Jenks Wealth Management LLC increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,381 shares of the ride-sharing company’s stock after purchasing an additional 150 shares during the quarter. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Uber Technologies were worth $282,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in UBER. Farther Finance Advisors LLC grew its position in shares of Uber Technologies by 11.5% during the third quarter. Farther Finance Advisors LLC now owns 16,693 shares of the ride-sharing company’s stock worth $1,255,000 after purchasing an additional 1,724 shares in the last quarter. Optas LLC purchased a new stake in shares of Uber Technologies during the third quarter worth about $355,000. Emerald Mutual Fund Advisers Trust grew its holdings in Uber Technologies by 35.1% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 3,312 shares of the ride-sharing company’s stock valued at $249,000 after buying an additional 860 shares in the last quarter. Emerald Advisers LLC grew its holdings in Uber Technologies by 33.4% during the 3rd quarter. Emerald Advisers LLC now owns 11,031 shares of the ride-sharing company’s stock valued at $829,000 after buying an additional 2,760 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings in Uber Technologies by 17.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 905,513 shares of the ride-sharing company’s stock valued at $68,058,000 after buying an additional 131,707 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Activity

In other news, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares in the company, valued at approximately $7,046,552.46. This trade represents a 26.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

UBER has been the subject of several research analyst reports. JMP Securities restated a “market perform” rating on shares of Uber Technologies in a report on Thursday, February 6th. Citizens Jmp cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 2nd. Tigress Financial raised their price target on Uber Technologies from $96.00 to $103.00 and gave the company a “buy” rating in a report on Monday, November 25th. Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Friday, January 31st. Finally, UBS Group restated a “buy” rating on shares of Uber Technologies in a report on Friday, February 21st. Eight equities research analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $90.94.

Uber Technologies Trading Down 2.2 %

UBER opened at $74.37 on Tuesday. The stock’s fifty day moving average is $69.78 and its two-hundred day moving average is $71.54. The company has a market capitalization of $155.36 billion, a P/E ratio of 16.31, a PEG ratio of 0.89 and a beta of 1.39. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. 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 (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. Analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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.