KBC Group NV Boosts Position in United Parcel Service, Inc. (UPS)

KBC Group NV boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.0% in the fourth quarter, Holdings Channel reports. The fund owned 101,985 shares of the transportation company’s stock after purchasing an additional 4,892 shares during the quarter. KBC Group NV’s holdings in United Parcel Service were worth $12,152,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of UPS. SNS Financial Group LLC grew its holdings in United Parcel Service by 0.5% during the second quarter. SNS Financial Group LLC now owns 4,417 shares of the transportation company’s stock valued at $488,000 after purchasing an additional 24 shares during the period. Riverhead Capital Management LLC grew its holdings in United Parcel Service by 0.4% during the second quarter. Riverhead Capital Management LLC now owns 10,870 shares of the transportation company’s stock valued at $1,202,000 after purchasing an additional 44 shares during the period. Davidson & Garrard Inc. grew its holdings in United Parcel Service by 3.1% during the second quarter. Davidson & Garrard Inc. now owns 1,929 shares of the transportation company’s stock valued at $213,000 after purchasing an additional 58 shares during the period. AMG Funds LLC grew its holdings in United Parcel Service by 0.4% during the second quarter. AMG Funds LLC now owns 15,594 shares of the transportation company’s stock valued at $1,725,000 after purchasing an additional 68 shares during the period. Finally, GHP Investment Advisors Inc. grew its holdings in United Parcel Service by 1.3% during the second quarter. GHP Investment Advisors Inc. now owns 8,239 shares of the transportation company’s stock valued at $911,000 after purchasing an additional 109 shares during the period. Institutional investors own 53.55% of the company’s stock.

Several research firms have issued reports on UPS. Edward Jones raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Friday. Morgan Stanley boosted their price target on United Parcel Service from $79.00 to $90.00 and gave the company an “underweight” rating in a report on Friday, February 2nd. BMO Capital Markets boosted their price target on United Parcel Service to $130.00 and gave the company a “market perform” rating in a report on Friday, February 2nd. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “strong-buy” rating and set a $150.00 price target for the company in a report on Thursday, February 1st. Finally, Credit Suisse Group reissued a “hold” rating and set a $137.00 price target on shares of United Parcel Service in a report on Wednesday, January 17th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. United Parcel Service currently has an average rating of “Hold” and an average price target of $126.47.

United Parcel Service, Inc. (NYSE UPS) opened at $106.40 on Monday. The firm has a market capitalization of $91,690.00, a PE ratio of 18.97, a PEG ratio of 1.59 and a beta of 0.91. The company has a debt-to-equity ratio of 19.69, a current ratio of 1.22 and a quick ratio of 1.06. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $135.53.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.01. The firm had revenue of $18.83 billion during the quarter, compared to analyst estimates of $18.20 billion. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.63 earnings per share. research analysts forecast that United Parcel Service, Inc. will post 7.23 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 7th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.91 per share. The ex-dividend date is Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a yield of 3.42%. United Parcel Service’s dividend payout ratio is presently 59.18%.

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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.

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

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