Focus Partners Wealth boosted its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 33.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,405,186 shares of the ride-sharing company’s stock after purchasing an additional 350,356 shares during the quarter. Focus Partners Wealth owned about 0.07% of Uber Technologies worth $118,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies in the third quarter valued at approximately $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies in the third quarter valued at approximately $32,000. Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies in the fourth quarter valued at approximately $28,000. Finally, Gould Capital LLC raised its stake in Uber Technologies by 245.0% in the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after purchasing an additional 245 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.
Uber Technologies Trading Down 0.3%
UBER stock opened at $68.67 on Monday. The company has a market capitalization of $139.79 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The company’s 50 day moving average price is $73.41 and its two-hundred day moving average price is $77.11. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.
Analysts Set New Price Targets
A number of brokerages recently weighed in on UBER. BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. UBS Group downgraded shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. Needham & Company LLC reissued a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $104.97.
Get Our Latest Analysis on UBER
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
- Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
- Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
- Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
- Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?
About Uber Technologies
Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.
Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.
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