Fiera Capital Corp Grows Holdings in Uber Technologies, Inc. (NYSE:UBER)

Fiera Capital Corp lifted its holdings in Uber Technologies, Inc. (NYSE:UBERGet Rating) by 3.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,238 shares of the ride-sharing company’s stock after buying an additional 1,923 shares during the quarter. Fiera Capital Corp’s holdings in Uber Technologies were worth $2,567,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Fisher Asset Management LLC bought a new stake in Uber Technologies during the 4th quarter valued at about $635,212,000. Viking Global Investors LP bought a new stake in Uber Technologies during the 3rd quarter valued at about $286,355,000. Renaissance Technologies LLC increased its stake in Uber Technologies by 6,009.3% during the 3rd quarter. Renaissance Technologies LLC now owns 4,820,200 shares of the ride-sharing company’s stock valued at $215,945,000 after purchasing an additional 4,741,300 shares in the last quarter. Par Capital Management Inc. increased its stake in Uber Technologies by 31,472.0% during the 3rd quarter. Par Capital Management Inc. now owns 4,735,800 shares of the ride-sharing company’s stock valued at $212,164,000 after purchasing an additional 4,720,800 shares in the last quarter. Finally, Sculptor Capital LP bought a new stake in Uber Technologies during the 3rd quarter valued at about $201,940,000. 72.19% of the stock is currently owned by institutional investors.

A number of analysts have recently commented on UBER shares. JMP Securities reduced their price target on shares of Uber Technologies from $80.00 to $69.00 and set an “outperform” rating for the company in a research note on Thursday, February 10th. Cowen reduced their price target on shares of Uber Technologies from $82.00 to $76.00 and set an “outperform” rating for the company in a research note on Monday, January 31st. Jefferies Financial Group set a $80.00 price target on shares of Uber Technologies and gave the stock a “buy” rating in a research note on Friday, February 11th. Bank of America lifted their price target on shares of Uber Technologies from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, February 10th. Finally, Royal Bank of Canada reduced their price target on shares of Uber Technologies from $65.00 to $50.00 and set an “outperform” rating for the company in a research note on Monday, March 21st. One research analyst has rated the stock with a hold rating and twenty-eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $62.15.

UBER traded down $1.34 during trading hours on Friday, hitting $31.48. The company’s stock had a trading volume of 24,948,561 shares, compared to its average volume of 23,160,182. The business’s 50-day moving average price is $32.87 and its 200-day moving average price is $38.17. Uber Technologies, Inc. has a 12 month low of $28.28 and a 12 month high of $56.13. The stock has a market cap of $61.54 billion, a price-to-earnings ratio of -98.38 and a beta of 1.31. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.61.

Uber Technologies (NYSE:UBERGet Rating) last announced its quarterly earnings results on Wednesday, February 9th. The ride-sharing company reported $0.44 earnings per share for the quarter, topping the consensus estimate of ($0.33) by $0.77. Uber Technologies had a negative net margin of 2.84% and a positive return on equity of 3.90%. The company had revenue of $5.78 billion for the quarter, compared to analysts’ expectations of $5.39 billion. On average, analysts forecast that Uber Technologies, Inc. will post -0.77 earnings per share for the current year.

About Uber Technologies (Get Rating)

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services; and connects riders and other consumers with restaurants, grocers, and other stores with delivery service providers for meal preparation, grocery, and other delivery services.

See Also

Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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