Exencial Wealth Advisors LLC Has $469,000 Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Exencial Wealth Advisors LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 175.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 7,771 shares of the ride-sharing company’s stock after buying an additional 4,946 shares during the period. Exencial Wealth Advisors LLC’s holdings in Uber Technologies were worth $469,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UBER. Intact Investment Management Inc. acquired a new position in Uber Technologies during the 3rd quarter worth about $256,000. Avidian Wealth Enterprises LLC bought a new stake in Uber Technologies during the 3rd quarter worth about $292,000. Catalina Capital Group LLC raised its holdings in Uber Technologies by 3.4% during the 3rd quarter. Catalina Capital Group LLC now owns 12,777 shares of the ride-sharing company’s stock worth $960,000 after purchasing an additional 419 shares during the last quarter. Harvest Portfolios Group Inc. raised its holdings in Uber Technologies by 17.6% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 14,051 shares of the ride-sharing company’s stock worth $1,056,000 after purchasing an additional 2,103 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in Uber Technologies by 4.4% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 66,665 shares of the ride-sharing company’s stock worth $5,011,000 after purchasing an additional 2,813 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Trading Up 1.7 %

NYSE:UBER opened at $76.57 on Thursday. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average price of $70.35 and a two-hundred day moving average price of $71.60. The company has a market cap of $159.96 billion, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share 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%. As a group, analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Activity

In other Uber Technologies 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 transaction, the insider now owns 86,973 shares in the company, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.84% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on the company. Citigroup dropped their price objective on Uber Technologies from $98.00 to $92.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Wolfe Research boosted their price objective on Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Loop Capital boosted their price objective on Uber Technologies from $84.00 to $86.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Citizens Jmp cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 2nd. Finally, Wells Fargo & Company dropped their price objective on Uber Technologies from $90.00 to $87.00 and set an “overweight” rating for the company 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 issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.81.

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.