Aljian Capital Management LLC Has $994,000 Stake in Uber Technologies, Inc. (NYSE:UBER)

Aljian Capital Management LLC increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 2.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,479 shares of the ride-sharing company’s stock after purchasing an additional 325 shares during the quarter. Aljian Capital Management LLC’s holdings in Uber Technologies were worth $994,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in UBER. Avion Wealth lifted its position in shares of Uber Technologies by 96.0% in the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after purchasing an additional 218 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock valued at $29,000 after buying an additional 223 shares during the last quarter. Financial Management Professionals Inc. lifted its position in Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock worth $37,000 after buying an additional 252 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth about $35,000. Finally, Kieckhefer Group LLC bought a new position in shares of Uber Technologies in the 4th quarter valued at about $33,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $79.45 on Thursday. The business has a 50-day simple moving average of $65.56 and a 200 day simple moving average of $70.34. The firm has a market capitalization of $167.30 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 0.81 and a beta of 1.39. 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, Inc. has a one year low of $54.84 and a one year high of $87.00.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.4 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the transaction, the insider now directly owns 107,289 shares in the company, valued at approximately $7,821,368.10. This trade represents a 20.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wolfe Research upped their price target on shares of Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Daiwa America downgraded shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 17th. Loop Capital increased their price objective on shares of Uber Technologies from $84.00 to $86.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. UBS Group lowered their target price on Uber Technologies from $114.00 to $107.00 and set a “buy” rating for the company in a report on Monday, February 3rd. Finally, JMP Securities reiterated a “market perform” rating on shares of Uber Technologies in a research report on Thursday, February 6th. Seven research analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $90.70.

About Uber Technologies

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.