Woodward Diversified Capital LLC Invests $212,000 in Uber Technologies, Inc. $UBER

Woodward Diversified Capital LLC bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,268 shares of the ride-sharing company’s stock, valued at approximately $212,000.

A number of other large investors also recently bought and sold shares of the business. Hudson Value Partners LLC boosted its position in Uber Technologies by 1.5% during the second quarter. Hudson Value Partners LLC now owns 26,983 shares of the ride-sharing company’s stock worth $2,518,000 after purchasing an additional 398 shares in the last quarter. New Wave Wealth Advisors LLC raised its stake in shares of Uber Technologies by 223.0% during the 2nd quarter. New Wave Wealth Advisors LLC now owns 17,397 shares of the ride-sharing company’s stock worth $1,623,000 after buying an additional 12,011 shares during the period. Precision Wealth Strategies LLC lifted its position in shares of Uber Technologies by 5.1% during the 2nd quarter. Precision Wealth Strategies LLC now owns 5,948 shares of the ride-sharing company’s stock valued at $555,000 after buying an additional 287 shares in the last quarter. Newman Dignan & Sheerar Inc. acquired a new stake in Uber Technologies in the 2nd quarter valued at $233,000. Finally, Dogwood Wealth Management LLC increased its holdings in Uber Technologies by 8,284.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 9,474 shares of the ride-sharing company’s stock worth $924,000 after acquiring an additional 9,361 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on UBER shares. KeyCorp upped their price objective on shares of Uber Technologies from $90.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. Royal Bank Of Canada raised their price target on shares of Uber Technologies from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Cowen reiterated a “buy” rating on shares of Uber Technologies in a report on Thursday, August 7th. Wedbush cut their price objective on Uber Technologies from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Thursday, August 7th. Finally, Mizuho began coverage on Uber Technologies in a research report on Monday. They issued an “outperform” rating and a $130.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.09.

Uber Technologies Price Performance

NYSE:UBER opened at $96.51 on Friday. Uber Technologies, Inc. has a one year low of $59.33 and a one year high of $101.99. The stock has a market cap of $201.27 billion, a PE ratio of 16.44 and a beta of 1.48. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a 50 day moving average price of $93.83 and a 200 day moving average price of $86.87.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, August 6th. The ride-sharing company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The company had revenue of $12.65 billion for the quarter, compared to analyst estimates of $12.45 billion. Uber Technologies had a return on equity of 59.96% and a net margin of 26.68%.The firm’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 earnings per share. Equities research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Activity

In other Uber Technologies news, insider Tony West sold 100,000 shares of Uber Technologies stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $100.38, for a total transaction of $10,038,000.00. Following the transaction, the insider directly owned 171,558 shares of the company’s stock, valued at $17,220,992.04. The trade was a 36.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jill Hazelbaker sold 31,250 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $96.42, for a total transaction of $3,013,125.00. Following the completion of the transaction, the insider owned 86,531 shares in the company, valued at $8,343,319.02. The trade was a 26.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 604,571 shares of company stock worth $58,920,741. Insiders own 3.84% of the company’s stock.

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.