Dana Investment Advisors Inc. Acquires 7,067 Shares of Uber Technologies, Inc. (NYSE:UBER)

Dana Investment Advisors Inc. grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 372,172 shares of the ride-sharing company’s stock after acquiring an additional 7,067 shares during the period. Uber Technologies accounts for 0.7% of Dana Investment Advisors Inc.’s portfolio, making the stock its 25th largest holding. Dana Investment Advisors Inc.’s holdings in Uber Technologies were worth $22,449,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in UBER. Avion Wealth raised its position in shares of Uber Technologies by 96.0% during the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock valued at $26,000 after purchasing an additional 218 shares during the period. GHP Investment Advisors Inc. raised its position in shares of Uber Technologies by 85.1% during the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 223 shares during the period. Kieckhefer Group LLC bought a new stake in shares of Uber Technologies during the 4th quarter valued at $33,000. Retirement Wealth Solutions LLC bought a new stake in shares of Uber Technologies during the 4th quarter valued at $35,000. Finally, Transcendent Capital Group LLC raised its position in shares of Uber Technologies by 3,928.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock valued at $42,000 after purchasing an additional 550 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Jill Hazelbaker sold 31,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 3.84% of the company’s stock.

Uber Technologies Price Performance

Uber Technologies stock opened at $76.57 on Thursday. The stock has a market cap of $159.96 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The firm has a 50-day moving average of $70.35 and a two-hundred day moving average of $71.60.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. On average, research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

UBER has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Uber Technologies from $95.00 to $90.00 and set an “overweight” rating on the stock in a research report on Thursday, February 6th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of Uber Technologies in a report on Wednesday, February 5th. Evercore ISI reduced their price target on shares of Uber Technologies from $120.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, February 6th. Wolfe Research lifted their price target on shares of Uber Technologies from $90.00 to $92.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Finally, Arete Research upgraded shares of Uber Technologies to a “hold” rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $90.81.

About Uber Technologies

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.