Wealthcare Advisory Partners LLC Boosts Holdings in United Parcel Service, Inc. (NYSE:UPS)

Wealthcare Advisory Partners LLC raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,035 shares of the transportation company’s stock after purchasing an additional 573 shares during the period. United Parcel Service accounts for 0.7% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 25th biggest position. Wealthcare Advisory Partners LLC’s holdings in United Parcel Service were worth $5,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Advisors Ltd. LLC lifted its holdings in United Parcel Service by 65.0% during the second quarter. Capital Advisors Ltd. LLC now owns 297 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 117 shares in the last quarter. Kavar Capital Partners LLC purchased a new position in United Parcel Service during the second quarter valued at $38,000. NumerixS Investment Technologies Inc purchased a new position in United Parcel Service during the second quarter valued at $38,000. Earnest Partners LLC purchased a new position in United Parcel Service during the second quarter valued at $40,000. Finally, Orrstown Financial Services Inc. lifted its holdings in United Parcel Service by 41.7% during the second quarter. Orrstown Financial Services Inc. now owns 425 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 125 shares in the last quarter. 55.29% of the stock is currently owned by institutional investors and hedge funds.

UPS has been the topic of several recent analyst reports. Raymond James increased their price objective on shares of United Parcel Service from $130.00 to $135.00 and gave the company a “strong-buy” rating in a report on Thursday, July 25th. Stifel Nicolaus downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $118.00 price target on the stock. in a research note on Monday, July 29th. Bank of America raised their price target on shares of United Parcel Service from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, September 9th. Daiwa Capital Markets raised shares of United Parcel Service from a “neutral” rating to an “outperform” rating and set a $130.00 price target on the stock in a research note on Monday, August 26th. Finally, JPMorgan Chase & Co. set a $135.00 price target on shares of United Parcel Service and gave the stock a “neutral” rating in a research note on Friday, October 4th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $120.46.

Shares of NYSE:UPS traded up $1.33 during midday trading on Thursday, hitting $118.83. The company’s stock had a trading volume of 89,197 shares, compared to its average volume of 3,091,935. United Parcel Service, Inc. has a 12-month low of $89.89 and a 12-month high of $123.63. The company has a market cap of $99.50 billion, a P/E ratio of 16.41, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The business’s 50 day simple moving average is $118.62 and its 200 day simple moving average is $109.74. The company has a debt-to-equity ratio of 4.62, a quick ratio of 1.09 and a current ratio of 1.09.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Wednesday, July 24th. The transportation company reported $1.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.93 by $0.03. United Parcel Service had a net margin of 6.56% and a return on equity of 175.60%. The firm had revenue of $18.05 billion during the quarter, compared to analysts’ expectations of $17.98 billion. During the same period last year, the business earned $1.94 earnings per share. United Parcel Service’s revenue was up 3.4% compared to the same quarter last year. On average, sell-side analysts predict that United Parcel Service, Inc. will post 7.51 earnings per share for the current fiscal year.

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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