Foundations Investment Advisors LLC Makes New $232,000 Investment in United Parcel Service, Inc. (NYSE:UPS)


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Foundations Investment Advisors LLC acquired a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,464 shares of the transportation company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC increased its stake in United Parcel Service by 6.7% in the 2nd quarter. FMR LLC now owns 11,887,191 shares of the transportation company’s stock worth $1,321,617,000 after buying an additional 749,993 shares in the last quarter. Nuveen Asset Management LLC boosted its stake in shares of United Parcel Service by 17.2% in the third quarter. Nuveen Asset Management LLC now owns 4,834,656 shares of the transportation company’s stock worth $805,599,000 after acquiring an additional 708,377 shares during the period. State Street Corp boosted its stake in shares of United Parcel Service by 1.9% in the third quarter. State Street Corp now owns 29,408,988 shares of the transportation company’s stock worth $4,900,420,000 after acquiring an additional 549,201 shares during the period. State of Tennessee Treasury Department grew its position in shares of United Parcel Service by 260.0% during the third quarter. State of Tennessee Treasury Department now owns 521,237 shares of the transportation company’s stock worth $86,854,000 after purchasing an additional 376,467 shares in the last quarter. Finally, Schafer Cullen Capital Management Inc raised its stake in United Parcel Service by 333.1% during the 3rd quarter. Schafer Cullen Capital Management Inc now owns 409,399 shares of the transportation company’s stock valued at $68,218,000 after purchasing an additional 314,869 shares during the period. Institutional investors own 55.67% of the company’s stock.

Shares of UPS opened at $163.11 on Thursday. The company’s fifty day simple moving average is $167.97 and its 200-day simple moving average is $156.71. The company has a market cap of $140.99 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.12 and a beta of 0.98. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 5.30. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $178.01.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Wednesday, October 28th. The transportation company reported $2.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.86 by $0.42. The company had revenue of $21.24 billion for the quarter, compared to analyst estimates of $20.08 billion. United Parcel Service had a net margin of 5.66% and a return on equity of 156.85%. During the same period in the prior year, the company posted $2.07 EPS. Analysts predict that United Parcel Service, Inc. will post 6.98 earnings per share for the current fiscal year.

Several equities research analysts have recently issued reports on UPS shares. Zacks Investment Research cut shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $177.00 price objective on the stock. in a research report on Tuesday, September 29th. Berenberg Bank set a $130.00 price target on shares of United Parcel Service and gave the company a “sell” rating in a report on Tuesday, October 27th. Barclays increased their price objective on shares of United Parcel Service from $145.00 to $155.00 and gave the company an “underweight” rating in a report on Monday. Bank of America raised their price objective on United Parcel Service from $176.00 to $183.00 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. Finally, KeyCorp boosted their target price on United Parcel Service from $190.00 to $195.00 and gave the stock an “overweight” rating in a research report on Thursday, October 29th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $162.83.

United Parcel Service Profile

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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