Hudson Value Partners LLC Grows Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Hudson Value Partners LLC increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 1.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,175 shares of the ride-sharing company’s stock after buying an additional 225 shares during the period. Hudson Value Partners LLC’s holdings in Uber Technologies were worth $1,277,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Avion Wealth grew its stake in shares of Uber Technologies by 96.0% in the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after acquiring an additional 218 shares during the last quarter. GHP Investment Advisors Inc. boosted its stake in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock worth $29,000 after purchasing an additional 223 shares in the last quarter. Kieckhefer Group LLC purchased a new stake in Uber Technologies during the 4th quarter valued at about $33,000. Retirement Wealth Solutions LLC bought a new stake in Uber Technologies during the 4th quarter valued at about $35,000. Finally, Financial Management Professionals Inc. raised its holdings in Uber Technologies by 104.1% in the third quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock worth $37,000 after buying an additional 252 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction on 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 completion of the sale, the insider now owns 107,289 shares of the company’s stock, valued at approximately $7,821,368.10. This trade represents a 20.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have commented on the company. Wells Fargo & Company reduced their target price on Uber Technologies from $90.00 to $87.00 and set an “overweight” rating for the company in a report on Thursday, February 6th. Gordon Haskett upgraded Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research report on Thursday, October 31st. Evercore ISI cut their price objective on shares of Uber Technologies from $120.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, February 6th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Friday, January 31st. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $80.00 price target on shares of Uber Technologies in a research report on Thursday, February 6th. Seven analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $90.91.

Uber Technologies Price Performance

NYSE:UBER opened at $81.44 on Wednesday. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The firm has a market cap of $171.49 billion, a price-to-earnings ratio of 17.86, a P/E/G ratio of 0.87 and a beta of 1.39. The firm’s 50-day simple moving average is $66.54 and its 200 day simple moving average is $70.81. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating 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, sell-side analysts predict that Uber Technologies, Inc. will post 2.52 earnings per share for the current year.

Uber Technologies 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.