Knights of Columbus Asset Advisors LLC Raises Holdings in Uber Technologies, Inc. (NYSE:UBER)

Knights of Columbus Asset Advisors LLC increased its holdings in Uber Technologies, Inc. (NYSE:UBER) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 33,494 shares of the ride-sharing company’s stock after acquiring an additional 607 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Uber Technologies were worth $2,020,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Avion Wealth boosted its position in shares of Uber Technologies by 96.0% during the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after buying an additional 218 shares during the period. Runnymede Capital Advisors Inc. purchased a new position in shares of Uber Technologies during the fourth quarter worth $28,000. GHP Investment Advisors Inc. boosted its position in shares of Uber Technologies by 85.1% during the fourth quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock worth $29,000 after buying an additional 223 shares during the period. Kieckhefer Group LLC purchased a new position in shares of Uber Technologies during the fourth quarter worth $33,000. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of Uber Technologies during the fourth quarter worth $35,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the completion of the transaction, the insider now directly owns 86,973 shares in the company, valued at $7,046,552.46. The trade was a 26.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Tony West sold 23,404 shares of Uber Technologies stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total value of $1,644,599.08. Following the transaction, the insider now owns 114,241 shares of the company’s stock, valued at $8,027,715.07. This represents a 17.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 74,404 shares of company stock valued at $5,587,619 in the last quarter. 3.84% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on UBER. 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. UBS Group restated a “buy” rating on shares of Uber Technologies in a research report on Friday, February 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $96.00 price objective on shares of Uber Technologies in a research note on Thursday, January 2nd. Tigress Financial increased their price objective on Uber Technologies from $96.00 to $103.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Finally, Arete Research upgraded Uber Technologies to a “hold” rating in a research note on Tuesday, February 18th. Ten investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $90.31.

Uber Technologies Stock Up 2.1 %

UBER opened at $75.94 on Friday. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The business’s 50-day simple moving average is $72.64 and its 200-day simple moving average is $71.59. The stock has a market capitalization of $158.65 billion, a P/E ratio of 16.65, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. 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 announced its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. Analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.