United Parcel Service, Inc. (UPS) Stake Lessened by Tradewinds Capital Management LLC

Tradewinds Capital Management LLC reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,932 shares of the transportation company’s stock after selling 1,157 shares during the quarter. United Parcel Service makes up approximately 0.8% of Tradewinds Capital Management LLC’s investment portfolio, making the stock its 18th largest position. Tradewinds Capital Management LLC’s holdings in United Parcel Service were worth $1,554,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of UPS. Capital International Investors purchased a new stake in shares of United Parcel Service during the third quarter valued at $525,375,000. Vanguard Group Inc boosted its stake in shares of United Parcel Service by 1.4% during the third quarter. Vanguard Group Inc now owns 52,189,390 shares of the transportation company’s stock valued at $6,093,112,000 after purchasing an additional 704,504 shares during the period. Vanguard Group Inc. boosted its stake in shares of United Parcel Service by 1.4% during the third quarter. Vanguard Group Inc. now owns 52,189,390 shares of the transportation company’s stock valued at $6,093,112,000 after purchasing an additional 704,504 shares during the period. FMR LLC boosted its stake in shares of United Parcel Service by 5.2% during the third quarter. FMR LLC now owns 11,152,212 shares of the transportation company’s stock valued at $1,302,020,000 after purchasing an additional 547,718 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of United Parcel Service by 907.7% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 555,172 shares of the transportation company’s stock valued at $64,816,000 after purchasing an additional 500,080 shares during the period. 54.66% of the stock is owned by hedge funds and other institutional investors.

UPS has been the subject of a number of recent analyst reports. Credit Suisse Group boosted their target price on shares of United Parcel Service from $104.00 to $111.00 and gave the company a “neutral” rating in a research note on Monday, February 4th. Zacks Investment Research downgraded United Parcel Service from a “hold” rating to a “sell” rating in a report on Saturday. Citigroup downgraded United Parcel Service from a “buy” rating to a “neutral” rating in a report on Friday, November 2nd. Bank of America downgraded United Parcel Service from a “buy” rating to a “neutral” rating in a report on Thursday, October 25th. Finally, Barclays restated a “hold” rating and issued a $112.00 price objective on shares of United Parcel Service in a report on Tuesday, January 29th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $122.29.

United Parcel Service stock traded up $0.08 during trading hours on Monday, reaching $108.18. The stock had a trading volume of 25,367 shares, compared to its average volume of 3,827,973. The company has a market capitalization of $92.88 billion, a PE ratio of 14.95, a P/E/G ratio of 1.62 and a beta of 1.18. The company has a debt-to-equity ratio of 6.56, a quick ratio of 1.14 and a current ratio of 1.12. United Parcel Service, Inc. has a 52 week low of $89.89 and a 52 week high of $125.09.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 31st. The transportation company reported $1.94 EPS for the quarter, topping the Zacks’ consensus estimate of $1.91 by $0.03. The business had revenue of $19.85 billion during the quarter, compared to the consensus estimate of $19.92 billion. United Parcel Service had a net margin of 6.67% and a return on equity of 254.74%. During the same period in the previous year, the company posted $1.67 earnings per share. On average, equities analysts predict that United Parcel Service, Inc. will post 7.6 earnings per share for the current fiscal year.

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

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