Andra AP fonden Has $16.22 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Andra AP fonden cut its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,100 shares of the transportation company’s stock after selling 1,700 shares during the period. Andra AP fonden’s holdings in United Parcel Service were worth $16,224,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in UPS. BlackRock Inc. grew its position in shares of United Parcel Service by 2,550.9% during the first quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock worth $4,834,013,000 after acquiring an additional 43,351,873 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of United Parcel Service by 3,875,867.0% during the first quarter. Lazard Asset Management LLC now owns 4,341,083 shares of the transportation company’s stock worth $465,797,000 after acquiring an additional 4,340,971 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of United Parcel Service by 775.8% during the second quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock worth $305,978,000 after acquiring an additional 2,450,868 shares during the last quarter. Federated Investors Inc. PA grew its position in shares of United Parcel Service by 2,005.9% during the second quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock worth $167,972,000 after acquiring an additional 1,446,749 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its position in shares of United Parcel Service by 119.6% during the second quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock worth $288,170,000 after acquiring an additional 1,419,245 shares during the last quarter. Institutional investors and hedge funds own 53.49% of the company’s stock.

United Parcel Service, Inc. (NYSE UPS) traded up $3.67 during trading on Thursday, reaching $133.46. The company’s stock had a trading volume of 4,251,885 shares, compared to its average volume of 3,280,000. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $133.77. 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 firm has a market capitalization of $115,010.00, a P/E ratio of 32.79, a P/E/G ratio of 2.12 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, meeting analysts’ consensus estimates of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The company had revenue of $15.98 billion during the quarter, compared to the consensus estimate of $15.62 billion. During the same quarter last year, the company earned $1.44 earnings per share. United Parcel Service’s quarterly revenue was up 7.0% compared to the same quarter last year. equities analysts anticipate that United Parcel Service, Inc. will post 6 EPS for the current fiscal year.

A number of brokerages have recently issued reports on UPS. Knight Equity restated a “buy” rating and set a $135.00 target price (down from $145.00) on shares of United Parcel Service in a research report on Monday. Deutsche Bank reiterated a “buy” rating and issued a $145.00 price objective (up from $135.00) on shares of United Parcel Service in a research report on Monday. Robert W. Baird reiterated a “hold” rating and issued a $130.00 price objective on shares of United Parcel Service in a research report on Tuesday. Oppenheimer reiterated a “buy” rating and issued a $123.00 price objective (up from $116.00) on shares of United Parcel Service in a research report on Wednesday, September 20th. Finally, Stifel Nicolaus lifted their price objective on shares of United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company’s stock. United Parcel Service has an average rating of “Hold” and an average target price of $123.09.

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United Parcel Service Company 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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