Moody National Bank Trust Division Grows Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Moody National Bank Trust Division lifted its position in Uber Technologies, Inc. (NYSE:UBER) by 6.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 18,081 shares of the ride-sharing company’s stock after buying an additional 1,080 shares during the quarter. Moody National Bank Trust Division’s holdings in Uber Technologies were worth $1,091,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wedmont Private Capital grew its position in Uber Technologies by 3.2% in the 4th quarter. Wedmont Private Capital now owns 20,558 shares of the ride-sharing company’s stock valued at $1,356,000 after acquiring an additional 643 shares in the last quarter. Talbot Financial LLC boosted its stake in shares of Uber Technologies by 2.3% in the fourth quarter. Talbot Financial LLC now owns 107,224 shares of the ride-sharing company’s stock valued at $6,468,000 after purchasing an additional 2,370 shares during the period. Salem Investment Counselors Inc. grew its holdings in shares of Uber Technologies by 12.9% in the fourth quarter. Salem Investment Counselors Inc. now owns 3,788 shares of the ride-sharing company’s stock valued at $228,000 after purchasing an additional 432 shares in the last quarter. Kieckhefer Group LLC purchased a new stake in Uber Technologies during the 4th quarter worth approximately $33,000. Finally, Brookstone Capital Management lifted its holdings in Uber Technologies by 15.7% during the 4th quarter. Brookstone Capital Management now owns 200,342 shares of the ride-sharing company’s stock worth $12,085,000 after buying an additional 27,163 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 27,780 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the completion of the transaction, the insider now directly owns 107,289 shares of the company’s stock, valued at $7,821,368.10. This trade represents a 20.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies Stock Performance

NYSE:UBER opened at $65.74 on Tuesday. The firm has a market cap of $138.43 billion, a price-to-earnings ratio of 32.71, a price-to-earnings-growth ratio of 0.75 and a beta of 1.36. The firm’s fifty day moving average price is $66.76 and its 200 day moving average price is $70.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.79. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. During the same quarter in the prior year, the company posted $0.10 earnings per share. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. On average, sell-side analysts expect that Uber Technologies, Inc. will post 1.89 EPS for the current year.

Analyst Upgrades and Downgrades

UBER has been the subject of several research reports. Evercore ISI boosted their price target on shares of Uber Technologies from $90.00 to $120.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. KeyCorp lowered their target price on Uber Technologies from $90.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday, November 1st. Daiwa America lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 17th. Needham & Company LLC reissued a “buy” rating and set a $90.00 price objective on shares of Uber Technologies in a research report on Thursday, October 31st. Finally, Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a report on Friday, November 1st. Seven equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $91.53.

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.