Cozad Asset Management Inc. Has $336,000 Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Cozad Asset Management Inc. lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,566 shares of the ride-sharing company’s stock after selling 196 shares during the quarter. Cozad Asset Management Inc.’s holdings in Uber Technologies were worth $336,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in UBER. Kimelman & Baird LLC raised its stake in shares of Uber Technologies by 0.9% in the fourth quarter. Kimelman & Baird LLC now owns 334,034 shares of the ride-sharing company’s stock worth $20,149,000 after acquiring an additional 3,081 shares during the last quarter. Cibc World Markets Corp raised its stake in shares of Uber Technologies by 93.2% in the fourth quarter. Cibc World Markets Corp now owns 526,124 shares of the ride-sharing company’s stock worth $31,736,000 after acquiring an additional 253,824 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of Uber Technologies by 6.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 23,545 shares of the ride-sharing company’s stock worth $1,420,000 after acquiring an additional 1,387 shares during the last quarter. GWN Securities Inc. bought a new position in shares of Uber Technologies in the fourth quarter worth about $253,000. Finally, Harbour Investments Inc. raised its stake in shares of Uber Technologies by 25.4% in the fourth quarter. Harbour Investments Inc. now owns 13,575 shares of the ride-sharing company’s stock worth $819,000 after acquiring an additional 2,748 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

UBER has been the subject of a number of research analyst reports. Evercore ISI dropped their target price on shares of Uber Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, February 6th. Royal Bank of Canada reissued an “outperform” rating and set a $82.00 price target on shares of Uber Technologies in a research note on Thursday, February 6th. DA Davidson dropped their price target on shares of Uber Technologies from $84.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Citizens Jmp downgraded shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Finally, Wolfe Research boosted their price target on shares of Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Ten equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $90.31.

Insiders Place Their Bets

In other news, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were 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 of the company’s stock, valued at $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tony West sold 23,404 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the completion of the transaction, the insider now directly owns 114,241 shares in the company, valued at $8,027,715.07. The trade was a 17.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 74,404 shares of company stock valued at $5,587,619. 3.84% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Performance

NYSE UBER opened at $71.54 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The firm’s fifty day moving average price is $72.09 and its two-hundred day moving average price is $71.55. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The firm has a market capitalization of $149.45 billion, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. As a group, research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS 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.