United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Optas LLC

Optas LLC grew its position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 26.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,198 shares of the transportation company’s stock after purchasing an additional 456 shares during the quarter. Optas LLC’s holdings in United Parcel Service were worth $277,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of UPS. AMF Tjanstepension AB raised its position in United Parcel Service by 39.7% in the third quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock worth $14,793,000 after acquiring an additional 30,815 shares in the last quarter. Czech National Bank grew its stake in shares of United Parcel Service by 7.4% in the 3rd quarter. Czech National Bank now owns 149,220 shares of the transportation company’s stock worth $20,345,000 after purchasing an additional 10,227 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of United Parcel Service by 5.3% in the 3rd quarter. GAMMA Investing LLC now owns 5,680 shares of the transportation company’s stock worth $774,000 after purchasing an additional 286 shares in the last quarter. Greenfield Savings Bank raised its holdings in shares of United Parcel Service by 51.0% in the 3rd quarter. Greenfield Savings Bank now owns 3,445 shares of the transportation company’s stock worth $470,000 after purchasing an additional 1,164 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in United Parcel Service by 4.2% during the third quarter. Versant Capital Management Inc now owns 3,494 shares of the transportation company’s stock valued at $476,000 after purchasing an additional 142 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares in the company, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Trading Up 0.4 %

NYSE:UPS opened at $111.75 on Wednesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The company has a market capitalization of $95.37 billion, a P/E ratio of 16.53, a P/E/G ratio of 1.63 and a beta of 0.98. The stock’s 50 day moving average price is $127.78 and its 200 day moving average price is $129.93. United Parcel Service, Inc. has a 52 week low of $109.40 and a 52 week high of $158.95.

United Parcel Service (NYSE:UPSGet Free Report) last announced its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same quarter last year, the business posted $2.47 EPS. On average, research analysts forecast that United Parcel Service, Inc. will post 8.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UPS. Bank of America decreased their price target on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price on the stock in a research report on Wednesday, January 8th. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and decreased their price target for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. Argus upgraded United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, Raymond James reduced their price objective on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $140.73.

View Our Latest Analysis on UPS

About United Parcel Service

(Free Report)

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express 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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