Regentatlantic Capital LLC lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,914 shares of the transportation company’s stock after purchasing an additional 100 shares during the quarter. Regentatlantic Capital LLC’s holdings in United Parcel Service were worth $3,502,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. First National Corp MA ADV bought a new stake in shares of United Parcel Service during the 1st quarter valued at $38,000. CX Institutional bought a new position in United Parcel Service in the 1st quarter worth about $29,000. RPG Investment Advisory LLC increased its stake in United Parcel Service by 277.1% in the 1st quarter. RPG Investment Advisory LLC now owns 264 shares of the transportation company’s stock worth $29,000 after acquiring an additional 194 shares during the last quarter. Somerset Trust Co increased its stake in United Parcel Service by 161.0% in the 1st quarter. Somerset Trust Co now owns 274 shares of the transportation company’s stock worth $31,000 after acquiring an additional 169 shares during the last quarter. Finally, Financial Gravity Wealth Inc. bought a new position in United Parcel Service in the 1st quarter worth about $32,000. Institutional investors own 55.48% of the company’s stock.
Shares of UPS traded up $0.22 during midday trading on Friday, reaching $117.20. The stock had a trading volume of 3,669,333 shares, compared to its average volume of 3,727,585. The business has a 50-day moving average price of $105.94. United Parcel Service, Inc. has a 12-month low of $89.89 and a 12-month high of $125.09. The company has a quick ratio of 1.13, a current ratio of 1.09 and a debt-to-equity ratio of 4.62. The firm has a market capitalization of $102.83 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.82 and a beta of 1.22.
United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Wednesday, July 24th. The transportation company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.03. United Parcel Service had a return on equity of 175.60% and a net margin of 6.56%. The firm had revenue of $18.05 billion during the quarter, compared to analysts’ expectations of $17.98 billion. During the same period in the prior year, the business earned $1.94 EPS. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, equities analysts forecast that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.
A number of brokerages have weighed in on UPS. Cowen restated a “market perform” rating and issued a $116.00 target price (down from $118.00) on shares of United Parcel Service in a research note on Friday, April 26th. Zacks Investment Research upgraded United Parcel Service from a “sell” rating to a “hold” rating and set a $101.00 target price on the stock in a research note on Thursday, May 23rd. Argus restated a “buy” rating on shares of United Parcel Service in a research note on Tuesday, April 30th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $114.00 target price on shares of United Parcel Service in a research note on Thursday, July 25th. Finally, Deutsche Bank restated a “hold” rating on shares of United Parcel Service in a research note on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $118.82.
United Parcel Service Company Profile
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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