United Parcel Service, Inc. (NYSE:UPS) Shares Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG grew its position in shares of United Parcel Service, Inc. (NYSE:UPSGet Rating) by 11.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,021 shares of the transportation company’s stock after acquiring an additional 6,594 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in United Parcel Service were worth $11,686,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of UPS. S&T Bank PA lifted its holdings in United Parcel Service by 1.2% in the second quarter. S&T Bank PA now owns 4,300 shares of the transportation company’s stock worth $785,000 after purchasing an additional 50 shares during the period. Navellier & Associates Inc. lifted its holdings in United Parcel Service by 2.5% in the second quarter. Navellier & Associates Inc. now owns 2,211 shares of the transportation company’s stock worth $404,000 after purchasing an additional 54 shares during the period. Wedge Capital Management L L P NC lifted its holdings in United Parcel Service by 4.4% in the second quarter. Wedge Capital Management L L P NC now owns 1,311 shares of the transportation company’s stock worth $239,000 after purchasing an additional 55 shares during the period. Selective Wealth Management Inc. lifted its holdings in United Parcel Service by 1.8% in the second quarter. Selective Wealth Management Inc. now owns 3,197 shares of the transportation company’s stock worth $584,000 after purchasing an additional 55 shares during the period. Finally, Indie Asset Partners LLC lifted its holdings in United Parcel Service by 4.3% in the first quarter. Indie Asset Partners LLC now owns 1,372 shares of the transportation company’s stock worth $294,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 59.60% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on UPS shares. Stifel Nicolaus dropped their price target on shares of United Parcel Service from $227.00 to $207.00 in a research report on Tuesday, October 25th. Deutsche Bank Aktiengesellschaft cut their price objective on United Parcel Service from $200.00 to $197.00 and set a “hold” rating on the stock in a report on Thursday, October 27th. Morgan Stanley cut their price objective on United Parcel Service from $148.00 to $100.00 and set an “underweight” rating on the stock in a report on Monday, October 3rd. UBS Group boosted their price objective on United Parcel Service from $182.00 to $196.00 and gave the stock a “buy” rating in a report on Wednesday, October 26th. Finally, JPMorgan Chase & Co. set a $180.00 price objective on United Parcel Service in a report on Tuesday, October 25th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $200.13.

United Parcel Service Stock Up 0.1 %

Shares of NYSE UPS traded up $0.10 during trading hours on Thursday, hitting $182.84. The stock had a trading volume of 1,583,827 shares, compared to its average volume of 3,024,707. The company has a market capitalization of $158.14 billion, a P/E ratio of 14.33, a P/E/G ratio of 1.70 and a beta of 1.09. The firm’s 50-day moving average price is $169.23 and its two-hundred day moving average price is $180.78. United Parcel Service, Inc. has a 52 week low of $154.87 and a 52 week high of $233.72. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.39 and a current ratio of 1.39.

United Parcel Service (NYSE:UPSGet Rating) last announced its earnings results on Tuesday, October 25th. The transportation company reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15. The firm had revenue of $24.16 billion during the quarter, compared to analysts’ expectations of $24.34 billion. United Parcel Service had a return on equity of 71.90% and a net margin of 11.07%. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.71 earnings per share. Analysts anticipate that United Parcel Service, Inc. will post 12.91 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Monday, November 14th will be given a dividend of $1.52 per share. The ex-dividend date of this dividend is Thursday, November 10th. This represents a $6.08 dividend on an annualized basis and a yield of 3.33%. United Parcel Service’s payout ratio is currently 47.65%.

United Parcel Service Company Profile

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United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. 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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