Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by Fort Sheridan Advisors LLC

Fort Sheridan Advisors LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 22.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 4,455 shares of the ride-sharing company’s stock after acquiring an additional 824 shares during the period. Fort Sheridan Advisors LLC’s holdings in Uber Technologies were worth $269,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AMF Tjanstepension AB acquired a new stake in shares of Uber Technologies during the third quarter valued at about $163,468,000. Financial Advocates Investment Management boosted its holdings in Uber Technologies by 7.3% in the third quarter. Financial Advocates Investment Management now owns 15,419 shares of the ride-sharing company’s stock valued at $1,159,000 after purchasing an additional 1,054 shares during the last quarter. Goldstone Financial Group LLC acquired a new stake in Uber Technologies during the 3rd quarter valued at approximately $235,000. HM Payson & Co. increased its holdings in Uber Technologies by 42.9% during the 3rd quarter. HM Payson & Co. now owns 1,215 shares of the ride-sharing company’s stock worth $91,000 after purchasing an additional 365 shares during the last quarter. Finally, Hills Bank & Trust Co raised its position in shares of Uber Technologies by 42.4% in the 3rd quarter. Hills Bank & Trust Co now owns 3,358 shares of the ride-sharing company’s stock valued at $252,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased their price target on shares of Uber Technologies from $95.00 to $90.00 and set an “overweight” rating for the company in a research report on Thursday, February 6th. Loop Capital raised their price objective on shares of Uber Technologies from $84.00 to $86.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Citizens Jmp lowered shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Arete Research upgraded Uber Technologies to a “hold” rating in a research note on Tuesday, February 18th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $80.00 price objective on shares of Uber Technologies in a research note on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $90.94.

Uber Technologies Stock Performance

UBER stock opened at $76.07 on Friday. The company has a 50-day simple moving average of $69.53 and a 200 day simple moving average of $71.53. The company has a market capitalization of $158.90 billion, a P/E ratio of 16.68, a PEG ratio of 0.89 and a beta of 1.39. 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, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. Sell-side analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the business’s 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 sale, the insider now directly owns 86,973 shares in the company, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.80% of the stock is currently owned by insiders.

About Uber Technologies

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.