Mirae Asset Global Investments Co. Ltd. Has $7,179,000 Stake in United Parcel Service, Inc. (UPS)

Mirae Asset Global Investments Co. Ltd. decreased its stake in United Parcel Service, Inc. (NYSE:UPS) by 9.2% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 65,651 shares of the company’s stock after selling 6,661 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in United Parcel Service were worth $7,179,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Security National Trust Co. boosted its position in shares of United Parcel Service by 35.1% in the second quarter. Security National Trust Co. now owns 1,059 shares of the company’s stock worth $115,000 after buying an additional 275 shares in the last quarter. Hirtle Callaghan & Co LLC bought a new position in shares of United Parcel Service during the third quarter worth $123,000. Financial Architects Inc raised its position in shares of United Parcel Service by 21.6% in the third quarter. Financial Architects Inc now owns 1,136 shares of the company’s stock worth $124,000 after buying an additional 202 shares during the last quarter. Cornerstone Advisors Inc. raised its position in shares of United Parcel Service by 216.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,157 shares of the company’s stock worth $127,000 after buying an additional 791 shares during the last quarter. Finally, Advisory Services Network LLC raised its position in shares of United Parcel Service by 17.4% in the second quarter. Advisory Services Network LLC now owns 1,206 shares of the company’s stock worth $130,000 after buying an additional 179 shares during the last quarter. Institutional investors own 52.31% of the company’s stock.

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

United Parcel Service, Inc. (NYSE:UPS) traded up 0.28% during trading on Wednesday, hitting $114.24. 899,936 shares of the company’s stock traded hands. United Parcel Service, Inc. has a 52-week low of $87.30 and a 52-week high of $120.44. The company has a market cap of $99.69 billion, a PE ratio of 20.36 and a beta of 0.91. The company’s 50 day moving average price is $116.41 and its 200 day moving average price is $110.95.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, October 27th. The company reported $1.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.44. United Parcel Service had a net margin of 8.33% and a return on equity of 195.68%. The business earned $14.93 billion during the quarter, compared to the consensus estimate of $14.72 billion. During the same quarter last year, the firm posted $1.39 EPS. United Parcel Service’s revenue was up 4.9% compared to the same quarter last year. Analysts expect that United Parcel Service, Inc. will post $5.82 earnings per share for the current year.

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A number of research analysts have weighed in on the stock. J P Morgan Chase & Co assumed coverage on shares of United Parcel Service in a research note on Tuesday, December 13th. They issued a “neutral” rating and a $118.00 price target on the stock. Loop Capital assumed coverage on shares of United Parcel Service in a research note on Monday, December 19th. They issued a “hold” rating and a $124.00 price target on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $116.00 price target on shares of United Parcel Service in a research note on Wednesday, December 7th. Aegis assumed coverage on shares of United Parcel Service in a research note on Friday, December 23rd. They issued a “hold” rating and a $120.00 price target on the stock. Finally, Vetr lowered shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $119.82 price target on the stock. in a research note on Monday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $116.42.

United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.

5 Day Chart for NYSE:UPS

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