Hancock Whitney Corp Acquires 236 Shares of Uber Technologies, Inc. (NYSE:UBER)

Hancock Whitney Corp grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 0.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 203,957 shares of the ride-sharing company’s stock after buying an additional 236 shares during the quarter. Hancock Whitney Corp’s holdings in Uber Technologies were worth $15,329,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of UBER. CENTRAL TRUST Co boosted its stake in shares of Uber Technologies by 12.3% during the 3rd quarter. CENTRAL TRUST Co now owns 1,160 shares of the ride-sharing company’s stock worth $87,000 after acquiring an additional 127 shares during the period. Procyon Advisors LLC raised its position in shares of Uber Technologies by 2.1% in the third quarter. Procyon Advisors LLC now owns 6,326 shares of the ride-sharing company’s stock valued at $476,000 after purchasing an additional 131 shares during the period. DT Investment Partners LLC raised its position in shares of Uber Technologies by 21.4% in the third quarter. DT Investment Partners LLC now owns 821 shares of the ride-sharing company’s stock valued at $62,000 after purchasing an additional 145 shares during the period. Jmac Enterprises LLC lifted its stake in shares of Uber Technologies by 2.1% during the 3rd quarter. Jmac Enterprises LLC now owns 7,340 shares of the ride-sharing company’s stock worth $552,000 after buying an additional 150 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in shares of Uber Technologies by 0.6% during the 2nd quarter. Wealthspire Advisors LLC now owns 24,893 shares of the ride-sharing company’s stock worth $1,809,000 after buying an additional 151 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 40,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.00, for a total value of $2,880,000.00. Following the transaction, the insider now directly owns 127,352 shares of the company’s stock, valued at approximately $9,169,344. This trade represents a 23.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 3.80% of the company’s stock.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. Gordon Haskett raised shares of Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a report on Thursday, October 31st. DA Davidson lifted their price target on Uber Technologies from $82.00 to $84.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. KeyCorp decreased their price objective on Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Cantor Fitzgerald reissued an “overweight” rating and set a $90.00 target price on shares of Uber Technologies in a report on Monday, October 7th. Finally, Daiwa Capital Markets downgraded shares of Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research note on Thursday, October 17th. Six equities research analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $90.32.

Uber Technologies Stock Up 1.0 %

Shares of UBER opened at $72.26 on Monday. 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 firm has a market capitalization of $152.16 billion, a P/E ratio of 35.58, a P/E/G ratio of 0.92 and a beta of 1.34. The firm has a fifty day moving average price of $75.47 and a 200-day moving average price of $71.13. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.79. The firm had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.10 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 1.83 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.