Duncker Streett & Co. Inc. Buys 1,214 Shares of Uber Technologies, Inc. (NYSE:UBER)

Duncker Streett & Co. Inc. raised its stake in Uber Technologies, Inc. (NYSE:UBER) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,962 shares of the ride-sharing company’s stock after purchasing an additional 1,214 shares during the period. Duncker Streett & Co. Inc.’s holdings in Uber Technologies were worth $4,220,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UBER. Jennison Associates LLC increased its stake in Uber Technologies by 36.9% in the fourth quarter. Jennison Associates LLC now owns 26,460,312 shares of the ride-sharing company’s stock valued at $1,596,086,000 after purchasing an additional 7,137,512 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Uber Technologies by 670.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 6,611,557 shares of the ride-sharing company’s stock worth $398,809,000 after acquiring an additional 5,753,637 shares during the last quarter. Montrusco Bolton Investments Inc. acquired a new stake in shares of Uber Technologies in the 4th quarter worth about $166,072,000. Edgewood Management LLC raised its holdings in shares of Uber Technologies by 10.5% in the 3rd quarter. Edgewood Management LLC now owns 27,552,060 shares of the ride-sharing company’s stock worth $2,070,813,000 after acquiring an additional 2,627,768 shares during the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of Uber Technologies by 1,370.1% in the 4th quarter. Nordea Investment Management AB now owns 2,215,053 shares of the ride-sharing company’s stock worth $134,144,000 after acquiring an additional 2,064,382 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the transaction, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

UBER has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Uber Technologies from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Thursday, February 6th. JMP Securities restated a “market perform” rating on shares of Uber Technologies in a report on Thursday, February 6th. Piper Sandler restated an “overweight” rating and issued a $87.00 target price (up previously from $80.00) on shares of Uber Technologies in a report on Tuesday, February 18th. Wells Fargo & Company lowered their target price on shares of Uber Technologies from $90.00 to $87.00 and set an “overweight” rating on the stock in a report on Thursday, February 6th. Finally, Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $90.94.

Uber Technologies Stock Up 2.5 %

UBER opened at $76.07 on Friday. The company has a market cap of $158.90 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The company has a 50 day moving average of $69.53 and a 200 day moving average of $71.54. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. 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 issued its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. On average, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.