United Parcel Service, Inc. (UPS) Holdings Increased by Dearborn Partners LLC

Dearborn Partners LLC grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 208,710 shares of the transportation company’s stock after acquiring an additional 2,038 shares during the period. United Parcel Service accounts for approximately 1.8% of Dearborn Partners LLC’s investment portfolio, making the stock its 14th biggest holding. Dearborn Partners LLC’s holdings in United Parcel Service were worth $25,064,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Beacon Financial Group grew its stake in shares of United Parcel Service by 0.9% in the 2nd quarter. Beacon Financial Group now owns 80,298 shares of the transportation company’s stock valued at $8,815,000 after buying an additional 689 shares during the period. Conservest Capital Advisors Inc. grew its stake in shares of United Parcel Service by 0.8% in the 2nd quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock valued at $322,000 after buying an additional 23 shares during the period. First Command Bank grew its stake in shares of United Parcel Service by 9.5% in the 2nd quarter. First Command Bank now owns 2,465 shares of the transportation company’s stock valued at $272,000 after buying an additional 214 shares during the period. BKD Wealth Advisors LLC grew its stake in shares of United Parcel Service by 49.9% in the 2nd quarter. BKD Wealth Advisors LLC now owns 5,440 shares of the transportation company’s stock valued at $602,000 after buying an additional 1,812 shares during the period. Finally, Capital One National Association acquired a new stake in shares of United Parcel Service in the 2nd quarter valued at about $230,000. Hedge funds and other institutional investors own 53.49% of the company’s stock.

Several analysts have recently commented on UPS shares. Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research note on Friday, October 6th. Oppenheimer restated a “buy” rating and issued a $123.00 target price (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Goldman Sachs Group started coverage on United Parcel Service in a research note on Monday, November 13th. They issued a “buy” rating and a $148.00 target price for the company. Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and raised their target price for the company from $125.00 to $135.00 in a research note on Monday, December 4th. Finally, Knight Equity restated a “buy” rating and issued a $135.00 target price (down from $145.00) on shares of United Parcel Service in a research note on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $123.09.

United Parcel Service, Inc. (UPS) opened at $134.09 on Friday. The stock has a market capitalization of $115,550.00, a PE ratio of 32.95, a price-to-earnings-growth ratio of 2.17 and a beta of 0.92. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.06 and a current ratio of 1.06. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $134.33.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.45. The business had revenue of $15.98 billion during the quarter, compared to the consensus estimate of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.44 EPS. equities research analysts expect that United Parcel Service, Inc. will post 6 earnings per share for the current fiscal year.

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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.

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

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