Uhlmann Price Securities LLC Boosts Holdings in Uber Technologies, Inc. $UBER

by · The Cerbat Gem

Uhlmann Price Securities LLC raised its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 21.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 42,889 shares of the ride-sharing company’s stock after purchasing an additional 7,652 shares during the period. Uber Technologies comprises 0.2% of Uhlmann Price Securities LLC’s portfolio, making the stock its 19th largest holding. Uhlmann Price Securities LLC’s holdings in Uber Technologies were worth $3,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in UBER. Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares during the period. Mach 1 Financial Group LLC acquired a new position in shares of Uber Technologies during the fourth quarter worth about $1,220,000. Teacher Retirement System of Texas increased its stake in shares of Uber Technologies by 17.6% during the fourth quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock worth $45,280,000 after acquiring an additional 82,851 shares during the period. Robinhood Asset Management LLC purchased a new position in Uber Technologies during the fourth quarter worth about $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. purchased a new position in Uber Technologies during the fourth quarter worth about $17,336,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Uber Technologies stock opened at $71.91 on Friday. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The company has a market capitalization of $146.38 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 6.09 and a beta of 1.12. The stock has a fifty day moving average of $73.44 and a two-hundred day moving average of $76.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Truist Financial lifted their price target on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. TD Cowen started coverage on Uber Technologies in a report on Monday, May 11th. They issued a “hold” rating for the company. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. Finally, Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

Check Out Our Latest Stock Analysis on Uber Technologies

Key Uber Technologies News

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About Uber Technologies

(Free Report)

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.

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