M Holdings Securities Inc. Has $526,000 Stake in United Parcel Service, Inc. (UPS)

M Holdings Securities Inc. raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 44.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,754 shares of the transportation company’s stock after purchasing an additional 1,453 shares during the quarter. M Holdings Securities Inc.’s holdings in United Parcel Service were worth $526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in UPS. Griffin Asset Management Inc. bought a new stake in shares of United Parcel Service in the 2nd quarter worth approximately $698,000. United Bank VA lifted its holdings in shares of United Parcel Service by 10.8% in the 2nd quarter. United Bank VA now owns 35,357 shares of the transportation company’s stock worth $3,910,000 after acquiring an additional 3,447 shares during the last quarter. Farmers National Bank lifted its holdings in shares of United Parcel Service by 79.1% in the 2nd quarter. Farmers National Bank now owns 13,752 shares of the transportation company’s stock worth $1,521,000 after acquiring an additional 6,075 shares during the last quarter. RNC Capital Management LLC lifted its holdings in shares of United Parcel Service by 3.9% in the 2nd quarter. RNC Capital Management LLC now owns 261,225 shares of the transportation company’s stock worth $28,889,000 after acquiring an additional 9,731 shares during the last quarter. Finally, WFG Advisors LP lifted its holdings in shares of United Parcel Service by 11.0% in the 2nd quarter. WFG Advisors LP now owns 3,893 shares of the transportation company’s stock worth $430,000 after acquiring an additional 386 shares during the last quarter. Institutional investors and hedge funds own 53.67% of the company’s stock.

Shares of United Parcel Service, Inc. (UPS) traded up $3.41 during midday trading on Tuesday, hitting $123.72. 4,535,000 shares of the company traded hands, compared to its average volume of 2,712,831. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33. The stock has a market capitalization of $103,674.73, a P/E ratio of 20.12, a price-to-earnings-growth ratio of 2.16 and a beta of 0.92. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $125.16.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.45. The business had revenue of $15.98 billion for the quarter, compared to the consensus estimate of $15.62 billion. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.44 EPS. equities analysts predict that United Parcel Service, Inc. will post 6.01 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th were given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s payout ratio is currently 81.37%.

A number of equities research analysts have recently weighed in on UPS shares. Citigroup upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $115.00 to $128.00 in a report on Tuesday, August 8th. Oppenheimer restated a “buy” rating and issued a $123.00 price objective (up from $116.00) on shares of United Parcel Service in a report on Wednesday, September 20th. Zacks Investment Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a report on Friday, October 6th. Goldman Sachs Group started coverage on shares of United Parcel Service in a research note on Monday, November 13th. They issued a “buy” rating and a $148.00 target price on the stock. Finally, Deutsche Bank raised shares of United Parcel Service from a “hold” rating to a “buy” rating and lifted their target price for the stock from $125.00 to $135.00 in a research note on Monday. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $121.45.

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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.

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

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