Mirador Capital Partners LP Has $5.14 Million Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Mirador Capital Partners LP grew its position in Uber Technologies, Inc. (NYSE:UBER) by 40.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 85,214 shares of the ride-sharing company’s stock after buying an additional 24,520 shares during the period. Uber Technologies makes up 0.9% of Mirador Capital Partners LP’s portfolio, making the stock its 29th largest position. Mirador Capital Partners LP’s holdings in Uber Technologies were worth $5,140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. raised its holdings in shares of Uber Technologies by 58.0% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 1,299 shares of the ride-sharing company’s stock valued at $94,000 after purchasing an additional 477 shares during the period. Dimensional Fund Advisors LP grew its stake in Uber Technologies by 13.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,798,884 shares of the ride-sharing company’s stock valued at $203,401,000 after buying an additional 341,312 shares during the last quarter. One Capital Management LLC grew its stake in Uber Technologies by 26.2% in the 2nd quarter. One Capital Management LLC now owns 3,489 shares of the ride-sharing company’s stock valued at $254,000 after buying an additional 725 shares during the last quarter. Stock Yards Bank & Trust Co. grew its stake in Uber Technologies by 9.3% in the 2nd quarter. Stock Yards Bank & Trust Co. now owns 3,530 shares of the ride-sharing company’s stock valued at $257,000 after buying an additional 300 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in Uber Technologies by 50.3% in the 2nd quarter. Axxcess Wealth Management LLC now owns 18,449 shares of the ride-sharing company’s stock valued at $1,341,000 after buying an additional 6,171 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on UBER shares. KeyCorp decreased their price target on shares of Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Needham & Company LLC restated a “buy” rating and set a $90.00 target price on shares of Uber Technologies in a research report on Thursday, October 31st. BMO Capital Markets restated an “outperform” rating and set a $92.00 target price on shares of Uber Technologies in a research report on Friday, October 11th. Oppenheimer increased their price target on shares of Uber Technologies from $90.00 to $95.00 and gave the stock an “outperform” rating in a research report on Friday, September 27th. Finally, Evercore ISI increased their price target on shares of Uber Technologies from $90.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Seven research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $91.53.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $67.81 on Thursday. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $142.79 billion, a PE ratio of 33.74, a P/E/G ratio of 0.71 and a beta of 1.36. The firm has a fifty day simple moving average of $66.43 and a 200 day simple moving average of $70.41.

Uber Technologies (NYSE:UBER) last posted its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.41 by $0.79. The company had revenue of $11.19 billion during 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 firm’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 earnings per share. On average, sell-side analysts forecast that Uber Technologies, Inc. will post 1.9 EPS for the current year.

Insiders Place Their Bets

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

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.