Cantillon Capital Management LLC Purchases 21,594 Shares of Uber Technologies, Inc. (NYSE:UBER)

Cantillon Capital Management LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,044,244 shares of the ride-sharing company’s stock after acquiring an additional 21,594 shares during the quarter. Cantillon Capital Management LLC owned about 0.19% of Uber Technologies worth $243,949,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UBER. Financial Advocates Investment Management lifted its stake 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 buying an additional 1,054 shares in the last quarter. HM Payson & Co. lifted its stake in Uber Technologies by 42.9% in the third quarter. HM Payson & Co. now owns 1,215 shares of the ride-sharing company’s stock valued at $91,000 after buying an additional 365 shares in the last quarter. Hills Bank & Trust Co lifted its stake in Uber Technologies by 42.4% in the third quarter. Hills Bank & Trust Co now owns 3,358 shares of the ride-sharing company’s stock valued at $252,000 after buying an additional 1,000 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in Uber Technologies by 4.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 22,158 shares of the ride-sharing company’s stock valued at $1,665,000 after buying an additional 1,030 shares in the last quarter. Finally, Chapman Investment Management LLC lifted its stake in Uber Technologies by 51.8% in the third quarter. Chapman Investment Management LLC now owns 33,101 shares of the ride-sharing company’s stock valued at $2,488,000 after buying an additional 11,298 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on UBER shares. Citigroup cut their price target on shares of Uber Technologies from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. DA Davidson lowered their price objective on shares of Uber Technologies from $84.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price objective on shares of Uber Technologies in a report on Wednesday, February 5th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Friday, January 31st. Finally, Evercore ISI lowered 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. Eight equities research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $90.94.

Insider Activity

In other 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 completion of the sale, the insider now owns 86,973 shares of the company’s stock, 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 SEC, which can be accessed through this link. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Price Performance

NYSE:UBER opened at $76.07 on Friday. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The company has a market cap of $158.90 billion, a P/E ratio of 16.68, a P/E/G ratio of 0.89 and a beta of 1.39. The firm’s fifty day moving average price is $69.53 and its two-hundred day moving average price is $71.54. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, beating 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%. Equities analysts expect that Uber Technologies, Inc. will post 2.54 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.