Barr E S & Co. Has $1.16 Million Stake in United Parcel Service, Inc. (NYSE:UPS)

Barr E S & Co. trimmed its position in United Parcel Service, Inc. (NYSE:UPS) by 8.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,459 shares of the transportation company’s stock after selling 916 shares during the quarter. Barr E S & Co.’s holdings in United Parcel Service were worth $1,157,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. First PREMIER Bank lifted its holdings in shares of United Parcel Service by 5.0% during the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 50 shares in the last quarter. Ullmann Financial Group Inc. bought a new position in shares of United Parcel Service during the 1st quarter valued at about $126,000. Winslow Evans & Crocker Inc. lifted its holdings in shares of United Parcel Service by 261.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 899 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of United Parcel Service by 14.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 153 shares in the last quarter. Finally, Security National Trust Co. lifted its holdings in shares of United Parcel Service by 3.9% during the 2nd quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 53.67% of the company’s stock.

Several equities analysts have recently weighed in on the company. BidaskClub upgraded United Parcel Service from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Oppenheimer restated a “buy” rating and issued a $123.00 target price (up previously from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Robert W. Baird restated a “hold” rating and issued a $118.00 target price on shares of United Parcel Service in a research note on Sunday, October 1st. Stifel Nicolaus boosted their target price on United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research note on Friday, October 27th. Finally, Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and boosted their target price for the company from $125.00 to $135.00 in a research note on Monday. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $121.45.

Shares of United Parcel Service, Inc. (UPS) traded up $1.44 during trading on Thursday, hitting $119.73. The stock had a trading volume of 3,279,999 shares, compared to its average volume of 2,722,063. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $125.16. The company has a market cap of $103,310.00, a PE ratio of 20.13, a P/E/G ratio of 2.16 and a beta of 0.92. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The company had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same quarter in the prior year, the business posted $1.44 EPS. The business’s revenue was up 7.0% compared to the same quarter last year. analysts forecast that United Parcel Service, Inc. will post 6.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th were paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s dividend payout ratio is currently 81.57%.

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United Parcel Service Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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

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