Knights of Columbus Asset Advisors LLC Has $4.48 Million Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Knights of Columbus Asset Advisors LLC raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 32.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 72,811 shares of the ride-sharing company’s stock after purchasing an additional 17,904 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Uber Technologies were worth $4,483,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. CVA Family Office LLC acquired a new stake in shares of Uber Technologies in the 4th quarter valued at $30,000. Highlander Capital Management LLC boosted its holdings in shares of Uber Technologies by 100.0% during the 4th quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock valued at $31,000 after acquiring an additional 250 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Uber Technologies by 49.7% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 524 shares of the ride-sharing company’s stock valued at $32,000 after acquiring an additional 174 shares in the last quarter. Oliver Lagore Vanvalin Investment Group boosted its holdings in shares of Uber Technologies by 82.9% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 578 shares of the ride-sharing company’s stock valued at $36,000 after acquiring an additional 262 shares in the last quarter. Finally, Ritter Daniher Financial Advisory LLC DE boosted its holdings in shares of Uber Technologies by 2,545.5% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company’s stock valued at $27,000 after acquiring an additional 560 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. BTIG Research raised their price objective on Uber Technologies from $80.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Needham & Company LLC reissued a “buy” rating and set a $90.00 price objective on shares of Uber Technologies in a report on Friday, April 5th. Citigroup raised their price objective on Uber Technologies from $83.00 to $91.00 and gave the company a “buy” rating in a report on Friday, February 16th. UBS Group lifted their target price on Uber Technologies from $94.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, February 15th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $85.00 target price on shares of Uber Technologies in a report on Thursday, February 15th. Two research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $78.94.

Insider Transactions at Uber Technologies

In related news, insider Tony West sold 18,750 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the transaction, the insider now owns 185,566 shares in the company, valued at $13,004,465.28. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Jill Hazelbaker sold 20,000 shares of the company’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total value of $1,556,600.00. Following the transaction, the insider now owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Tony West sold 18,750 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $70.08, for a total transaction of $1,314,000.00. Following the completion of the transaction, the insider now directly owns 185,566 shares in the company, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Company insiders own 3.84% of the company’s stock.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $69.22 on Friday. Uber Technologies, Inc. has a twelve month low of $29.22 and a twelve month high of $82.14. The stock’s 50 day moving average price is $76.89 and its 200-day moving average price is $63.50. The company has a market capitalization of $144.07 billion, a PE ratio of 80.49, a PEG ratio of 1.13 and a beta of 1.36. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.79.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.50. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The firm had revenue of $9.94 billion for the quarter, compared to the consensus estimate of $9.76 billion. During the same quarter in the previous year, the business earned $0.29 EPS. The company’s revenue was up 15.4% compared to the same quarter last year. On average, equities analysts anticipate that Uber Technologies, Inc. will post 1.22 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.