Jones Financial Companies Lllp Acquires 22,701 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Jones Financial Companies Lllp grew its holdings in Aurora Innovation, Inc. (NASDAQ:AUR) by 1,681.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 24,051 shares of the company’s stock after buying an additional 22,701 shares during the quarter. Jones Financial Companies Lllp’s holdings in Aurora Innovation were worth $152,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. CIBC Asset Management Inc raised its position in shares of Aurora Innovation by 5.1% in the fourth quarter. CIBC Asset Management Inc now owns 35,587 shares of the company’s stock valued at $224,000 after purchasing an additional 1,723 shares during the period. Amalgamated Bank raised its position in shares of Aurora Innovation by 10.0% in the third quarter. Amalgamated Bank now owns 32,006 shares of the company’s stock valued at $189,000 after purchasing an additional 2,913 shares during the period. Glenmede Trust Co. NA raised its position in shares of Aurora Innovation by 14.6% in the third quarter. Glenmede Trust Co. NA now owns 31,779 shares of the company’s stock valued at $188,000 after purchasing an additional 4,054 shares during the period. Kingsview Wealth Management LLC increased its holdings in Aurora Innovation by 3.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 136,408 shares of the company’s stock worth $859,000 after acquiring an additional 4,154 shares during the period. Finally, GPS Wealth Strategies Group LLC increased its holdings in Aurora Innovation by 241.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock worth $44,000 after acquiring an additional 4,955 shares during the period. Institutional investors own 44.71% of the company’s stock.

Wall Street Analyst Weigh In

AUR has been the topic of a number of analyst reports. Evercore ISI upped their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Tuesday, February 18th. Canaccord Genuity Group upped their target price on shares of Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Wolfe Research initiated coverage on shares of Aurora Innovation in a report on Tuesday, November 26th. They set a “peer perform” rating on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $10.00 target price on shares of Aurora Innovation in a report on Thursday, February 13th. Finally, Morgan Stanley initiated coverage on shares of Aurora Innovation in a report on Monday, March 3rd. They set an “overweight” rating and a $12.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $8.08.

Aurora Innovation Price Performance

Shares of NASDAQ:AUR opened at $6.97 on Friday. The company’s fifty day moving average price is $7.25 and its 200-day moving average price is $6.37. The firm has a market capitalization of $12.13 billion, a price-to-earnings ratio of -14.83 and a beta of 2.82. Aurora Innovation, Inc. has a one year low of $2.10 and a one year high of $10.77.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. As a group, equities research analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

About Aurora Innovation

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.