Wedge Capital Administration L L P NC purchased a brand new stake in Uber Applied sciences, Inc. (NYSE:UBER – Free Report) within the third quarter, based on its most up-to-date 13F submitting with the Securities & Trade Fee. The agency purchased 3,682 shares of the ride-sharing firm’s inventory, valued at roughly $277,000.
A number of different institutional buyers and hedge funds have additionally purchased and bought shares of UBER. Vanguard Group Inc. grew its place in shares of Uber Applied sciences by 2.2% within the first quarter. Vanguard Group Inc. now owns 171,253,318 shares of the ride-sharing firm’s inventory valued at $13,184,793,000 after buying an extra 3,623,951 shares through the interval. Capital Analysis World Buyers grew its holdings in shares of Uber Applied sciences by 8.2% within the first quarter. Capital Analysis World Buyers now owns 39,947,547 shares of the ride-sharing firm’s inventory valued at $3,075,562,000 after buying an extra 3,019,431 shares through the interval. Worth T Rowe Associates Inc. MD elevated its place in Uber Applied sciences by 37.8% through the first quarter. Worth T Rowe Associates Inc. MD now owns 36,425,981 shares of the ride-sharing firm’s inventory value $2,804,437,000 after buying an extra 9,996,508 shares over the last quarter. GQG Companions LLC raised its stake in Uber Applied sciences by 74.1% through the first quarter. GQG Companions LLC now owns 22,423,451 shares of the ride-sharing firm’s inventory value $1,726,381,000 after buying an extra 9,541,366 shares through the interval. Lastly, Authorized & Basic Group Plc boosted its holdings in Uber Applied sciences by 1.6% within the 2nd quarter. Authorized & Basic Group Plc now owns 15,238,477 shares of the ride-sharing firm’s inventory valued at $1,107,529,000 after buying an extra 237,976 shares over the last quarter. 80.24% of the inventory is owned by hedge funds and different institutional buyers.
Analyst Scores Modifications
Various analysis corporations lately commented on UBER. JMP Securities upped their worth goal on Uber Applied sciences from $75.00 to $80.00 and gave the corporate a “market outperform” ranking in a report on Wednesday, August seventh. Financial institution of America reaffirmed a “purchase” ranking and issued a $88.00 worth goal on shares of Uber Applied sciences in a analysis report on Friday, October eleventh. Roth Mkm boosted their worth goal on Uber Applied sciences from $89.00 to $90.00 and gave the inventory a “purchase” ranking in a analysis report on Wednesday, August seventh. BMO Capital Markets reiterated an “outperform” ranking and set a $92.00 worth goal on shares of Uber Applied sciences in a report on Friday, October eleventh. Lastly, Piper Sandler boosted their goal worth on shares of Uber Applied sciences from $86.00 to $88.00 and gave the inventory an “chubby” ranking in a analysis observe on Tuesday, June twenty fifth. 5 analysis analysts have rated the inventory with a maintain ranking, thirty-one have assigned a purchase ranking and one has given a powerful purchase ranking to the inventory. In accordance with knowledge from MarketBeat, the corporate has a consensus ranking of “Average Purchase” and a mean goal worth of $88.00.
Learn Our Newest Report on Uber Applied sciences
Insider Shopping for and Promoting
In different Uber Applied sciences information, insider Jill Hazelbaker bought 40,000 shares of the inventory in a transaction dated Monday, September sixteenth. The inventory was bought at a mean worth of $72.00, for a complete worth of $2,880,000.00. Following the transaction, the insider now owns 127,352 shares of the corporate’s inventory, valued at roughly $9,169,344. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the SEC, which could be accessed by way of the SEC web site. 3.80% of the inventory is owned by insiders.
Uber Applied sciences Inventory Efficiency
Shares of NYSE:UBER opened at $79.90 on Friday. The corporate has a present ratio of 1.21, a fast ratio of 1.21 and a debt-to-equity ratio of 0.72. Uber Applied sciences, Inc. has a 1-year low of $40.09 and a 1-year excessive of $87.00. The inventory has a market capitalization of $167.87 billion, a P/E ratio of 87.80, a P/E/G ratio of 1.47 and a beta of 1.33. The enterprise has a 50-day transferring common worth of $74.09 and a two-hundred day transferring common worth of $70.70.
Uber Applied sciences (NYSE:UBER – Get Free Report) final introduced its quarterly earnings knowledge on Tuesday, August sixth. The ride-sharing firm reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.16. The agency had income of $10.70 billion for the quarter, in comparison with analysts’ expectations of $10.57 billion. Uber Applied sciences had a web margin of 5.02% and a return on fairness of 17.06%. The enterprise’s income for the quarter was up 15.9% on a year-over-year foundation. Throughout the identical interval final 12 months, the agency earned $0.18 earnings per share. Equities analysts predict that Uber Applied sciences, Inc. will publish 1.08 earnings per share for the present 12 months.
Uber Applied sciences Firm Profile
Uber Applied sciences, Inc develops and operates proprietary know-how purposes in the USA, Canada, Latin America, Europe, the Center East, Africa, and Asia excluding China and Southeast Asia. It operates by way of three segments: Mobility, Supply, and Freight. The Mobility section connects shoppers with a spread of transportation modalities, comparable to ridesharing, carsharing, micromobility, leases, public transit, taxis, and different modalities; and gives riders in quite a lot of automobile sorts, in addition to monetary partnerships merchandise and promoting companies.
Additional Studying
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