FDx Advisors Inc. purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 25,835 shares of the ride-sharing company’s stock, valued at approximately $1,318,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sei Investments Co. increased its stake in shares of Uber Technologies by 145.2% during the 4th quarter. Sei Investments Co. now owns 2,155,802 shares of the ride-sharing company’s stock worth $109,965,000 after purchasing an additional 1,276,679 shares in the last quarter. 20 20 Capital Management Inc. purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $364,000. Maryland State Retirement & Pension System purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $1,128,000. Comerica Bank grew its stake in shares of Uber Technologies by 1.0% during the 4th quarter. Comerica Bank now owns 109,589 shares of the ride-sharing company’s stock valued at $5,952,000 after buying an additional 1,049 shares during the period. Finally, Treasurer of the State of North Carolina grew its stake in shares of Uber Technologies by 0.5% during the 4th quarter. Treasurer of the State of North Carolina now owns 598,470 shares of the ride-sharing company’s stock valued at $30,522,000 after buying an additional 2,810 shares during the period. 70.59% of the stock is owned by institutional investors and hedge funds.

In related news, insider Tony West sold 2,000 shares of the stock in a transaction that occurred on Monday, November 30th. The shares were sold at an average price of $50.22, for a total transaction of $100,440.00. Following the completion of the sale, the insider now directly owns 263,436 shares of the company’s stock, valued at $13,229,755.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jill Hazelbaker sold 20,756 shares of the stock in a transaction that occurred on Friday, February 12th. The shares were sold at an average price of $60.12, for a total transaction of $1,247,850.72. Following the sale, the insider now directly owns 147,709 shares of the company’s stock, valued at $8,880,265.08. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,387,756 shares of company stock valued at $2,052,603,891. Company insiders own 8.66% of the company’s stock.

UBER stock opened at $55.31 on Tuesday. Uber Technologies, Inc. has a 12 month low of $13.71 and a 12 month high of $64.05. The firm has a market cap of $97.55 billion, a PE ratio of -13.90 and a beta of 1.60. The firm has a 50 day simple moving average of $56.21 and a 200 day simple moving average of $44.75. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.36 and a quick ratio of 1.36.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 10th. The ride-sharing company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.53) by ($0.01). Uber Technologies had a negative net margin of 53.12% and a negative return on equity of 43.27%. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.56 billion. During the same period in the prior year, the company earned ($0.64) earnings per share. The firm’s revenue for the quarter was down 15.5% on a year-over-year basis. As a group, sell-side analysts expect that Uber Technologies, Inc. will post -3.86 earnings per share for the current year.

Several analysts have recently issued reports on UBER shares. Smith Barney Citigroup boosted their price objective on shares of Uber Technologies from $40.00 to $60.00 in a research note on Thursday, December 3rd. Mizuho lifted their target price on shares of Uber Technologies from $63.00 to $72.00 and gave the company a “buy” rating in a report on Thursday, February 11th. The Goldman Sachs Group lifted their target price on shares of Uber Technologies from $42.00 to $52.00 and gave the company a “buy” rating in a report on Friday, November 6th. Wedbush lifted their target price on shares of Uber Technologies from $60.00 to $76.00 and gave the company an “outperform” rating in a report on Thursday, February 11th. Finally, JMP Securities lifted their target price on shares of Uber Technologies from $58.00 to $75.00 and gave the company an “outperform” rating in a report on Tuesday, February 16th. Four investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $60.21.

Uber Technologies Profile

Uber Technologies, Inc develops and operates proprietary technology applications primarily in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services, as well as connect consumers with restaurants and food delivery service providers for meal preparation and delivery services.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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