Rockefeller Capital Management L.P. Buys 434,283 Shares of Uber Technologies, Inc. $UBER

by · The Markets Daily

Rockefeller Capital Management L.P. increased its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 16.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,071,306 shares of the ride-sharing company’s stock after purchasing an additional 434,283 shares during the quarter. Rockefeller Capital Management L.P. owned 0.15% of Uber Technologies worth $250,956,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Uber Technologies in the 4th quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the third quarter worth $25,000. Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the fourth quarter worth $27,000. Finally, Ares Financial Consulting LLC purchased a new stake in Uber Technologies during the fourth quarter valued at $28,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

Here are the key news stories impacting Uber Technologies this week:

Analyst Ratings Changes

UBER has been the topic of a number of recent research reports. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday, May 26th. Citizens Jmp reaffirmed a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research note on Friday, May 29th. Finally, Tigress Financial raised their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

Check Out Our Latest Stock Report on Uber Technologies

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $71.91 on Friday. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The stock’s fifty day moving average is $73.44 and its 200 day moving average is $76.70. The stock has a market cap of $146.38 billion, a P/E ratio of 17.93, a P/E/G ratio of 6.09 and a beta of 1.12. 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 earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the previous year, the business earned $0.83 earnings per share. Uber Technologies’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Uber Technologies Profile

(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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