S. R. Schill & Associates increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 0.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 332,889 shares of the transportation company’s stock after buying an additional 2,710 shares during the quarter. United Parcel Service comprises approximately 23.9% of S. R. Schill & Associates’ holdings, making the stock its largest holding. S. R. Schill & Associates’ holdings in United Parcel Service were worth $38,865,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Summit Trail Advisors LLC increased its stake in United Parcel Service by 48.8% in the first quarter. Summit Trail Advisors LLC now owns 4,923 shares of the transportation company’s stock worth $332,000 after purchasing an additional 1,615 shares during the period. Brown Advisory Inc. increased its stake in United Parcel Service by 7.2% in the first quarter. Brown Advisory Inc. now owns 79,382 shares of the transportation company’s stock worth $8,309,000 after purchasing an additional 5,321 shares during the period. Clarus Wealth Advisors purchased a new stake in United Parcel Service in the second quarter worth $177,000. American National Bank purchased a new stake in United Parcel Service in the second quarter worth $470,000. Finally, Gulf International Bank UK Ltd increased its stake in United Parcel Service by 3.3% in the second quarter. Gulf International Bank UK Ltd now owns 222,550 shares of the transportation company’s stock worth $23,641,000 after purchasing an additional 7,185 shares during the period. Institutional investors own 53.90% of the company’s stock.
In other United Parcel Service news, COO James J. Barber sold 2,500 shares of United Parcel Service stock in a transaction dated Monday, August 20th. The stock was sold at an average price of $121.94, for a total value of $304,850.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider George Willis sold 4,312 shares of United Parcel Service stock in a transaction dated Thursday, August 23rd. The shares were sold at an average price of $121.34, for a total value of $523,218.08. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.
UPS opened at $107.52 on Friday. United Parcel Service, Inc. has a 1 year low of $101.45 and a 1 year high of $135.53. The company has a debt-to-equity ratio of 6.43, a quick ratio of 1.21 and a current ratio of 1.14. The stock has a market capitalization of $92.12 billion, a price-to-earnings ratio of 17.89, a P/E/G ratio of 1.60 and a beta of 1.16.
United Parcel Service (NYSE:UPS) last posted its earnings results on Wednesday, October 24th. The transportation company reported $1.82 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.82. United Parcel Service had a return on equity of 307.54% and a net margin of 7.68%. The company had revenue of $17.44 billion for the quarter, compared to analyst estimates of $17.48 billion. During the same quarter in the previous year, the firm earned $1.45 earnings per share. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. Sell-side analysts predict that United Parcel Service, Inc. will post 7.23 EPS for the current fiscal year.
A number of analysts have weighed in on UPS shares. Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a research note on Friday, August 3rd. Loop Capital raised their price target on United Parcel Service to $145.00 and gave the company a “positive” rating in a research note on Friday, September 14th. Goldman Sachs Group set a $150.00 price target on United Parcel Service and gave the company a “buy” rating in a research note on Monday, September 10th. KeyCorp initiated coverage on United Parcel Service in a research note on Thursday, September 27th. They set a “sector weight” rating on the stock. They noted that the move was a valuation call. Finally, Raymond James upgraded United Parcel Service from a “market perform” rating to a “strong-buy” rating and set a $150.00 price target on the stock in a research note on Tuesday, September 4th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $125.52.
About United Parcel Service
United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
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