NBT Bank N A NY Acquires 613 Shares of Uber Technologies, Inc. (NYSE:UBER)

NBT Bank N A NY increased its holdings in Uber Technologies, Inc. (NYSE:UBER) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,291 shares of the ride-sharing company’s stock after buying an additional 613 shares during the period. NBT Bank N A NY’s holdings in Uber Technologies were worth $2,491,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of UBER. Avion Wealth increased its stake in Uber Technologies by 96.0% in the 4th 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. grew its holdings 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 purchasing an additional 223 shares in the last quarter. Kieckhefer Group LLC bought a new position in shares of Uber Technologies in the fourth quarter worth approximately $33,000. Retirement Wealth Solutions LLC purchased a new stake in Uber Technologies in the fourth quarter valued at approximately $35,000. Finally, Fairfield Financial Advisors LTD grew its stake in Uber Technologies by 34.0% in the 4th quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company’s stock worth $40,000 after buying an additional 170 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Trading Up 1.9 %

Uber Technologies stock opened at $76.38 on Monday. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. The company has a market capitalization of $159.55 billion, a price-to-earnings ratio of 16.75, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The business’s fifty day simple moving average is $70.92 and its two-hundred day simple moving average is $71.62. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data 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, equities analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on UBER. Citizens Jmp cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Needham & Company LLC restated a “buy” rating and issued a $90.00 target price on shares of Uber Technologies in a research report on Wednesday, February 5th. JMP Securities reaffirmed a “market perform” rating on shares of Uber Technologies in a research note on Thursday, February 6th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $82.00 price objective on shares of Uber Technologies in a research note on Thursday, February 6th. Finally, Evercore ISI decreased their price objective on 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-six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average price target of $90.71.

Insider Activity

In related news, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction 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 sale, the insider now directly owns 86,973 shares of the company’s stock, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 3.84% of the company’s stock.

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.