Investment House LLC Raises Holdings in United Parcel Service, Inc. (UPS)

Investment House LLC grew its position in United Parcel Service, Inc. (NYSE:UPS) by 4.8% during the 1st quarter, Holdings Channel reports. The firm owned 19,500 shares of the transportation company’s stock after acquiring an additional 895 shares during the quarter. Investment House LLC’s holdings in United Parcel Service were worth $2,179,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc lifted its stake in United Parcel Service by 1.4% during the 3rd quarter. Vanguard Group Inc now owns 52,189,390 shares of the transportation company’s stock valued at $6,093,112,000 after acquiring an additional 704,504 shares during the period. Investors Asset Management of Georgia Inc. GA ADV lifted its stake in United Parcel Service by 2.2% during the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 4,585 shares of the transportation company’s stock valued at $447,000 after acquiring an additional 100 shares during the period. Bank of Montreal Can lifted its stake in United Parcel Service by 1.3% during the 4th quarter. Bank of Montreal Can now owns 755,387 shares of the transportation company’s stock valued at $73,674,000 after acquiring an additional 9,766 shares during the period. Physicians Financial Services Inc. lifted its stake in United Parcel Service by 1.0% during the 4th quarter. Physicians Financial Services Inc. now owns 16,777 shares of the transportation company’s stock valued at $1,636,000 after acquiring an additional 174 shares during the period. Finally, BB&T Corp lifted its stake in United Parcel Service by 3.1% during the 4th quarter. BB&T Corp now owns 263,371 shares of the transportation company’s stock valued at $25,687,000 after acquiring an additional 7,849 shares during the period. 55.55% of the stock is currently owned by institutional investors.

UPS opened at $97.50 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 5.85. The firm has a market capitalization of $85.57 billion, a P/E ratio of 13.47, a PEG ratio of 1.53 and a beta of 1.16. United Parcel Service, Inc. has a 1 year low of $89.89 and a 1 year high of $125.09.



United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, April 25th. The transportation company reported $1.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.42 by ($0.03). The company had revenue of $17.16 billion for the quarter, compared to analyst estimates of $17.79 billion. United Parcel Service had a return on equity of 205.26% and a net margin of 6.34%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.55 earnings per share. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 7.47 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Monday, May 20th will be given a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date is Friday, May 17th. United Parcel Service’s dividend payout ratio is presently 53.04%.

Several analysts have commented on UPS shares. Zacks Investment Research cut shares of United Parcel Service from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. Berenberg Bank reiterated a “hold” rating and issued a $125.00 target price on shares of United Parcel Service in a research note on Monday, March 25th. Barclays reiterated a “hold” rating and issued a $112.00 target price on shares of United Parcel Service in a research note on Tuesday, January 29th. Raymond James decreased their target price on shares of United Parcel Service from $135.00 to $130.00 and set a “strong-buy” rating for the company in a research note on Friday, April 26th. Finally, Cowen reiterated a “market perform” rating and issued a $116.00 target price (down from $118.00) on shares of United Parcel Service in a research note on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $122.41.

In other United Parcel Service news, SVP Norman M. Brothers, Jr. sold 1,500 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $106.03, for a total transaction of $159,045.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Teri P. Mcclure sold 5,000 shares of the company’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $109.72, for a total transaction of $548,600.00. The disclosure for this sale can be found here. Corporate insiders own 0.17% of the company’s stock.

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About United Parcel Service

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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