Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by Strategic Family Wealth Counselors L.L.C.

Strategic Family Wealth Counselors L.L.C. boosted its position in Uber Technologies, Inc. (NYSE:UBER) by 0.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 124,780 shares of the ride-sharing company’s stock after purchasing an additional 403 shares during the quarter. Uber Technologies comprises 2.5% of Strategic Family Wealth Counselors L.L.C.’s holdings, making the stock its 13th biggest position. Strategic Family Wealth Counselors L.L.C.’s holdings in Uber Technologies were worth $7,527,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UBER. Avion Wealth increased its holdings in shares of Uber Technologies by 96.0% during the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock valued at $26,000 after purchasing an additional 218 shares during the period. GHP Investment Advisors Inc. grew its position 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 in the last quarter. Kieckhefer Group LLC bought a new position in Uber Technologies in the 4th quarter valued at about $33,000. Retirement Wealth Solutions LLC acquired a new position in Uber Technologies during the 4th quarter valued at about $35,000. Finally, Transcendent Capital Group LLC raised its position in shares of Uber Technologies by 3,928.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock worth $42,000 after buying an additional 550 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 31,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares of the company’s stock, valued at approximately $7,046,552.46. This trade represents a 26.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 3.84% of the stock is currently owned by corporate insiders.

Uber Technologies Price Performance

NYSE UBER opened at $74.88 on Friday. 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 stock has a market capitalization of $156.41 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. The company has a 50 day moving average price of $70.62 and a two-hundred day moving average price of $71.63.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (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

Several research analysts have recently issued reports on UBER shares. Truist Financial increased their price objective on shares of Uber Technologies from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday. Citizens Jmp cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 2nd. The Goldman Sachs Group restated a “buy” rating and issued a $96.00 price objective on shares of Uber Technologies in a report on Thursday, January 2nd. JMP Securities reaffirmed a “market perform” rating on shares of Uber Technologies in a report on Thursday, February 6th. Finally, Citigroup dropped their price target on shares of Uber Technologies from $98.00 to $92.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $90.71.

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.