Moneta Group Investment Advisors LLC Purchases 1,121 Shares of United Parcel Service, Inc. (UPS)

Moneta Group Investment Advisors LLC grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 39.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,946 shares of the transportation company’s stock after purchasing an additional 1,121 shares during the period. Moneta Group Investment Advisors LLC’s holdings in United Parcel Service were worth $474,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of UPS. InterOcean Capital LLC boosted its stake in United Parcel Service by 26.5% during the third quarter. InterOcean Capital LLC now owns 86,778 shares of the transportation company’s stock valued at $10,421,000 after buying an additional 18,187 shares in the last quarter. Investment Centers of America Inc. boosted its stake in United Parcel Service by 7.1% during the third quarter. Investment Centers of America Inc. now owns 39,037 shares of the transportation company’s stock valued at $4,692,000 after buying an additional 2,604 shares in the last quarter. Tiedemann Wealth Management LLC boosted its stake in United Parcel Service by 5.3% during the third quarter. Tiedemann Wealth Management LLC now owns 22,861 shares of the transportation company’s stock valued at $663,000 after buying an additional 1,157 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in United Parcel Service by 1.1% during the third quarter. Schwab Charles Investment Management Inc. now owns 3,357,079 shares of the transportation company’s stock valued at $403,152,000 after buying an additional 36,119 shares in the last quarter. Finally, Barings LLC boosted its stake in United Parcel Service by 200.4% during the third quarter. Barings LLC now owns 21,555 shares of the transportation company’s stock valued at $2,589,000 after buying an additional 14,380 shares in the last quarter. 53.56% of the stock is currently owned by institutional investors.

Several research analysts recently weighed in on the company. Credit Suisse Group reaffirmed a “hold” rating and set a $137.00 target price on shares of United Parcel Service in a research note on Wednesday, January 17th. Robert W. Baird reaffirmed a “hold” rating and set a $130.00 target price on shares of United Parcel Service in a research note on Tuesday, January 9th. Knight Equity reaffirmed a “buy” rating and set a $135.00 target price (down previously from $145.00) on shares of United Parcel Service in a research note on Monday, January 8th. Deutsche Bank reiterated a “buy” rating and issued a $145.00 price target (up previously from $135.00) on shares of United Parcel Service in a research report on Monday, January 8th. Finally, UBS Group increased their price target on United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $126.14.

United Parcel Service, Inc. (UPS) traded down $3.04 during trading hours on Friday, hitting $116.47. The company had a trading volume of 9,235,616 shares, compared to its average volume of 3,720,000. The firm has a market cap of $100,370.00, a price-to-earnings ratio of 20.76, a price-to-earnings-growth ratio of 1.95 and a beta of 0.91. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06. United Parcel Service, Inc. has a fifty-two week low of $102.12 and a fifty-two week high of $135.53.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.01. The firm had revenue of $18.83 billion during the quarter, compared to the consensus estimate of $18.20 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.63 EPS. analysts anticipate that United Parcel Service, Inc. will post 5.99 EPS for the current year.

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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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