United Parcel Service, Inc. (UPS) Stake Increased by Mork Capital Management LLC

Mork Capital Management LLC lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 15.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,400 shares of the transportation company’s stock after buying an additional 1,100 shares during the quarter. Mork Capital Management LLC’s holdings in United Parcel Service were worth $1,001,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of UPS. American Century Companies Inc. raised its position in United Parcel Service by 11.5% in the 4th quarter. American Century Companies Inc. now owns 1,272,114 shares of the transportation company’s stock valued at $151,572,000 after purchasing an additional 131,450 shares during the last quarter. Huntington National Bank raised its position in United Parcel Service by 5.3% in the 4th quarter. Huntington National Bank now owns 74,205 shares of the transportation company’s stock valued at $8,842,000 after purchasing an additional 3,758 shares during the last quarter. Raymond James Trust N.A. raised its position in United Parcel Service by 6.2% in the 4th quarter. Raymond James Trust N.A. now owns 41,288 shares of the transportation company’s stock valued at $4,920,000 after purchasing an additional 2,414 shares during the last quarter. Harbour Investment Management LLC purchased a new stake in United Parcel Service in the 4th quarter valued at $2,281,000. Finally, Public Employees Retirement Association of Colorado raised its position in United Parcel Service by 6.1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 713,906 shares of the transportation company’s stock valued at $85,062,000 after purchasing an additional 41,350 shares during the last quarter. Institutional investors and hedge funds own 53.55% of the company’s stock.

United Parcel Service, Inc. (UPS) opened at $107.56 on Wednesday. The company has a debt-to-equity ratio of 19.69, a current ratio of 1.22 and a quick ratio of 1.06. The stock has a market cap of $92,690.00, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 1.59 and a beta of 0.91. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month 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, beating the consensus estimate of $1.66 by $0.01. The company had revenue of $18.83 billion for the quarter, compared to analysts’ expectations of $18.20 billion. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. United Parcel Service’s revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.63 EPS. equities research analysts anticipate that United Parcel Service, Inc. will post 7.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 7th. Shareholders of record on Tuesday, February 20th will be paid a $0.91 dividend. This is a boost from United Parcel Service’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend is Friday, February 16th. United Parcel Service’s payout ratio is currently 59.18%.

Several analysts recently commented on UPS shares. Cowen upped their price target on shares of United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Monday, October 23rd. Stifel Nicolaus upped their price target 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. BMO Capital Markets upped their price target on shares of United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. Loop Capital upped their price target on shares of United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 27th. Finally, UBS Group upped their price target on shares of 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 company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $126.47.

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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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