First National Bank Sioux Falls Acquires 322 Shares of Uber Technologies, Inc. (NYSE:UBER)

First National Bank Sioux Falls lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,197 shares of the ride-sharing company’s stock after acquiring an additional 322 shares during the quarter. First National Bank Sioux Falls’ holdings in Uber Technologies were worth $382,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UBER. Brown Advisory Inc. lifted its holdings in Uber Technologies by 1,108.6% during the 3rd quarter. Brown Advisory Inc. now owns 15,683,867 shares of the ride-sharing company’s stock worth $721,301,000 after buying an additional 14,386,205 shares during the period. Massachusetts Financial Services Co. MA acquired a new position in shares of Uber Technologies in the 3rd quarter valued at about $272,625,000. Jericho Capital Asset Management L.P. acquired a new position in shares of Uber Technologies in the 3rd quarter valued at about $187,111,000. Winslow Capital Management LLC lifted its stake in shares of Uber Technologies by 33.6% in the 3rd quarter. Winslow Capital Management LLC now owns 9,062,836 shares of the ride-sharing company’s stock valued at $416,800,000 after purchasing an additional 2,278,252 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 124,353,537 shares of the ride-sharing company’s stock valued at $5,719,019,000 after purchasing an additional 2,067,098 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the transaction, the insider now owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Tony West sold 18,750 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the transaction, the insider now owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total value of $1,556,600.00. Following the completion of the transaction, the insider now directly owns 107,290 shares in the company, valued at approximately $8,350,380.70. The disclosure for this sale can be found here. Insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on UBER. Royal Bank of Canada reissued an “outperform” rating and issued a $85.00 price objective on shares of Uber Technologies in a research note on Thursday, February 15th. BMO Capital Markets boosted their target price on Uber Technologies from $82.00 to $92.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Barclays boosted their target price on Uber Technologies from $63.00 to $86.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. Susquehanna boosted their target price on Uber Technologies from $60.00 to $85.00 and gave the company a “positive” rating in a research report on Thursday, February 8th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $85.00 target price on shares of Uber Technologies in a research report on Thursday, March 28th. Two investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $78.94.

Uber Technologies Price Performance

Shares of Uber Technologies stock traded up $1.82 during trading on Tuesday, hitting $70.80. The stock had a trading volume of 16,238,751 shares, compared to its average volume of 19,644,313. The firm has a market cap of $147.36 billion, a price-to-earnings ratio of 80.23, a P/E/G ratio of 1.10 and a beta of 1.36. Uber Technologies, Inc. has a 12 month low of $29.22 and a 12 month high of $82.14. The business’s 50-day moving average is $76.89 and its 200 day moving average is $63.94. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.50. The firm had revenue of $9.94 billion for the quarter, compared to analysts’ expectations of $9.76 billion. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The business’s quarterly revenue was up 15.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.29 earnings per share. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 1.22 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.