Uber Technologies, Inc. (NYSE:UBER) is Mizuho Securities Co. Ltd.’s 10th Largest Position

Mizuho Securities Co. Ltd. lifted its stake in Uber Technologies, Inc. (NYSE:UBER) by 4.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,870 shares of the ride-sharing company’s stock after acquiring an additional 730 shares during the period. Uber Technologies makes up about 3.3% of Mizuho Securities Co. Ltd.’s holdings, making the stock its 10th largest holding. Mizuho Securities Co. Ltd.’s holdings in Uber Technologies were worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. GHP Investment Advisors Inc. boosted its stake in Uber Technologies by 222.7% during the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock valued at $26,000 after buying an additional 245 shares during the period. WR Wealth Planners LLC lifted its stake in Uber Technologies by 563.9% during the second quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock worth $29,000 after purchasing an additional 344 shares during the last quarter. J.Safra Asset Management Corp bought a new stake in Uber Technologies during the first quarter worth about $32,000. MCF Advisors LLC lifted its stake in Uber Technologies by 1,038.5% during the second quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock worth $32,000 after purchasing an additional 405 shares during the last quarter. Finally, Founders Capital Management bought a new stake in Uber Technologies during the second quarter worth about $33,000. 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 40,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $72.00, for a total transaction of $2,880,000.00. Following the sale, the insider now directly owns 127,352 shares in the company, valued at $9,169,344. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.84% of the stock is owned by insiders.

Uber Technologies Price Performance

Shares of Uber Technologies stock traded down $0.15 during trading hours on Wednesday, reaching $71.22. The stock had a trading volume of 5,111,516 shares, compared to its average volume of 18,111,463. The stock’s 50 day moving average is $75.42 and its 200 day moving average is $70.99. The firm has a market capitalization of $149.97 billion, a PE ratio of 35.40, a PEG ratio of 0.71 and a beta of 1.34. Uber Technologies, Inc. has a twelve month low of $52.39 and a twelve month high of $87.00. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The firm had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.99 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. Equities analysts expect that Uber Technologies, Inc. will post 1.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on UBER. JMP Securities lifted their price objective on Uber Technologies from $80.00 to $95.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Wolfe Research began coverage on Uber Technologies in a report on Tuesday, July 16th. They issued an “outperform” rating and a $90.00 price objective on the stock. Wells Fargo & Company reduced their price target on Uber Technologies from $97.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Jefferies Financial Group boosted their price target on Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Finally, Daiwa America downgraded Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 17th. Six equities research analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.32.

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.