Catalyst Financial Partners LLC Has $603,000 Stake in Uber Technologies, Inc. (NYSE:UBER)

Catalyst Financial Partners LLC boosted its position in Uber Technologies, Inc. (NYSE:UBER) by 7.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,028 shares of the ride-sharing company’s stock after buying an additional 543 shares during the period. Catalyst Financial Partners LLC’s holdings in Uber Technologies were worth $603,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of UBER. CENTRAL TRUST Co raised its holdings in shares of Uber Technologies by 12.3% during the third quarter. CENTRAL TRUST Co now owns 1,160 shares of the ride-sharing company’s stock valued at $87,000 after purchasing an additional 127 shares during the period. Procyon Advisors LLC raised its holdings in shares of Uber Technologies by 2.1% during the third quarter. Procyon Advisors LLC now owns 6,326 shares of the ride-sharing company’s stock valued at $476,000 after purchasing an additional 131 shares during the period. DT Investment Partners LLC raised its holdings in shares of Uber Technologies by 21.4% during the third quarter. DT Investment Partners LLC now owns 821 shares of the ride-sharing company’s stock valued at $62,000 after purchasing an additional 145 shares during the period. Wealthspire Advisors LLC raised its holdings in shares of Uber Technologies by 0.6% during the second quarter. Wealthspire Advisors LLC now owns 24,893 shares of the ride-sharing company’s stock valued at $1,809,000 after purchasing an additional 151 shares during the period. Finally, Wellington Shields Capital Management LLC raised its holdings in shares of Uber Technologies by 6.1% in the 1st quarter. Wellington Shields Capital Management LLC now owns 2,756 shares of the ride-sharing company’s stock worth $212,000 after acquiring an additional 159 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Buying and Selling

In other Uber Technologies news, insider Jill Hazelbaker sold 40,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $72.00, for a total value of $2,880,000.00. Following the sale, the insider now directly owns 127,352 shares in the company, valued at $9,169,344. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.80% of the stock is owned by insiders.

Uber Technologies Stock Up 0.3 %

UBER opened at $79.44 on Thursday. The company has a 50 day moving average of $75.40 and a 200 day moving average of $70.87. The company has a market cap of $166.90 billion, a PE ratio of 87.30, a price-to-earnings-growth ratio of 1.33 and a beta of 1.33. Uber Technologies, Inc. has a 12 month low of $42.20 and a 12 month high of $87.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.72.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Tuesday, August 6th. The ride-sharing company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.31 by $0.16. The company had revenue of $10.70 billion during the quarter, compared to the consensus estimate of $10.57 billion. Uber Technologies had a net margin of 5.02% and a return on equity of 17.06%. Uber Technologies’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the firm earned $0.18 EPS. On average, sell-side analysts expect that Uber Technologies, Inc. will post 1.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Melius assumed coverage on shares of Uber Technologies in a report on Monday, July 22nd. They issued a “hold” rating and a $77.00 target price on the stock. Wolfe Research assumed coverage on shares of Uber Technologies in a report on Tuesday, July 16th. They issued an “outperform” rating and a $90.00 target price on the stock. Daiwa Capital Markets lowered shares of Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 target price on the stock. in a report on Thursday, October 17th. TD Cowen upped their target price on shares of Uber Technologies from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Finally, Melius Research assumed coverage on shares of Uber Technologies in a report on Monday, July 22nd. They issued a “hold” rating and a $77.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.86.

Uber Technologies Company 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.