Mather Group LLC. Has $362,000 Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Mather Group LLC. raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 12.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,010 shares of the ride-sharing company’s stock after acquiring an additional 653 shares during the quarter. Mather Group LLC.’s holdings in Uber Technologies were worth $362,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ascent Wealth Partners LLC acquired a new stake in Uber Technologies during the 3rd quarter worth approximately $2,087,000. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Uber Technologies by 4.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 321,726 shares of the ride-sharing company’s stock worth $24,180,000 after buying an additional 13,433 shares in the last quarter. Aviso Wealth Management acquired a new stake in Uber Technologies in the 3rd quarter valued at approximately $2,302,000. Polianta Ltd bought a new stake in Uber Technologies in the 4th quarter valued at approximately $1,206,000. Finally, Brophy Wealth Management LLC acquired a new position in Uber Technologies during the 3rd quarter worth approximately $1,041,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Trading Up 8.6 %

UBER opened at $70.04 on Friday. The stock has a market cap of $147.47 billion, a PE ratio of 34.84, a price-to-earnings-growth ratio of 0.77 and a beta of 1.39. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00. The company has a fifty day moving average of $65.31 and a 200-day moving average of $70.07.

Uber Technologies (NYSE:UBER) last posted its quarterly 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 10.49% and a return on equity of 33.46%. On average, sell-side analysts predict that Uber Technologies, Inc. will post 1.89 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on UBER shares. Tigress Financial raised their target price on shares of Uber Technologies from $96.00 to $103.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Cantor Fitzgerald reiterated an “overweight” rating and set a $80.00 target price on shares of Uber Technologies in a report on Thursday. Wolfe Research raised their price target on Uber Technologies from $90.00 to $92.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Citizens Jmp cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price on shares of Uber Technologies in a research note on Wednesday. Seven research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $90.19.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of the transaction, the insider now owns 107,289 shares in the company, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 3.80% of the stock is currently owned by company insiders.

Uber Technologies 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.