Axa Purchases 16,589 Shares of United Parcel Service, Inc. (UPS)

Axa raised its position in United Parcel Service, Inc. (NYSE:UPS) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 471,061 shares of the transportation company’s stock after acquiring an additional 16,589 shares during the quarter. Axa owned 0.05% of United Parcel Service worth $56,570,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. SNS Financial Group LLC boosted its stake in shares of United Parcel Service by 0.5% during the 2nd quarter. SNS Financial Group LLC now owns 4,417 shares of the transportation company’s stock valued at $488,000 after buying an additional 24 shares during the last quarter. Riverhead Capital Management LLC boosted its stake in shares of United Parcel Service by 0.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 10,870 shares of the transportation company’s stock valued at $1,202,000 after buying an additional 44 shares during the last quarter. Security National Trust Co. boosted its stake in shares of United Parcel Service by 3.9% during the 2nd quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after buying an additional 48 shares during the last quarter. BTR Capital Management Inc. boosted its stake in shares of United Parcel Service by 0.4% during the 2nd quarter. BTR Capital Management Inc. now owns 13,458 shares of the transportation company’s stock valued at $1,488,000 after buying an additional 50 shares during the last quarter. Finally, Weybosset Research & Management LLC boosted its stake in shares of United Parcel Service by 1.6% during the 2nd quarter. Weybosset Research & Management LLC now owns 3,250 shares of the transportation company’s stock valued at $359,000 after buying an additional 50 shares during the last quarter. 53.50% of the stock is owned by institutional investors.

Shares of United Parcel Service, Inc. (NYSE UPS) opened at $133.08 on Monday. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $135.53. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. The firm has a market capitalization of $114,680.00, a price-to-earnings ratio of 32.70, a price-to-earnings-growth ratio of 2.07 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion for the quarter, compared to analyst estimates of $15.62 billion. During the same period last year, the company earned $1.44 earnings per share. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. equities analysts anticipate that United Parcel Service, Inc. will post 5.99 EPS for the current fiscal year.

UPS has been the subject of several research analyst reports. Zacks Investment Research cut United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Goldman Sachs Group initiated coverage on United Parcel Service in a research note on Monday, November 13th. They set a “buy” rating and a $148.00 target price for the company. Cowen reiterated a “hold” rating on shares of United Parcel Service in a research note on Tuesday, September 26th. Vetr upgraded United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 target price for the company in a research note on Tuesday, December 26th. Finally, Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and increased their target price for the company from $125.00 to $135.00 in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $124.09.

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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.

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

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