United Parcel Service, Inc. (UPS) Stake Reduced by Aperio Group LLC

Aperio Group LLC decreased its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 348,049 shares of the transportation company’s stock after selling 8,315 shares during the period. Aperio Group LLC’s holdings in United Parcel Service were worth $38,491,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Beech Hill Advisors Inc. purchased a new position in shares of United Parcel Service during the second quarter valued at $3,528,000. Diversified Trust Co boosted its stake in United Parcel Service by 37.1% in the second quarter. Diversified Trust Co now owns 19,042 shares of the transportation company’s stock valued at $2,106,000 after buying an additional 5,153 shares in the last quarter. Culbertson A N & Co. Inc. boosted its stake in United Parcel Service by 3.5% in the second quarter. Culbertson A N & Co. Inc. now owns 15,610 shares of the transportation company’s stock valued at $1,726,000 after buying an additional 531 shares in the last quarter. North Star Investment Management Corp. boosted its stake in United Parcel Service by 5.1% in the second quarter. North Star Investment Management Corp. now owns 45,363 shares of the transportation company’s stock valued at $5,017,000 after buying an additional 2,194 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in United Parcel Service by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 42,700 shares of the transportation company’s stock valued at $4,722,000 after buying an additional 300 shares in the last quarter. Institutional investors own 52.90% of the company’s stock.

Shares of United Parcel Service, Inc. (NYSE UPS) opened at 113.34 on Friday. The firm’s 50-day moving average is $111.59 and its 200-day moving average is $107.96. United Parcel Service, Inc. has a 1-year low of $102.12 and a 1-year high of $120.44. The stock has a market capitalization of $98.15 billion, a price-to-earnings ratio of 27.87 and a beta of 0.88.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.12. United Parcel Service had a return on equity of 417.18% and a net margin of 5.68%. The business had revenue of $15.75 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same period in the previous year, the firm earned $1.43 EPS. United Parcel Service’s quarterly revenue was up 7.7% compared to the same quarter last year. On average, analysts predict that United Parcel Service, Inc. will post $6.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, August 10th. United Parcel Service’s payout ratio is 81.57%.

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UPS has been the topic of several recent analyst reports. Seaport Global Securities initiated coverage on shares of United Parcel Service in a report on Tuesday, June 6th. They issued a “neutral” rating on the stock. BidaskClub raised shares of United Parcel Service from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. TheStreet raised shares of United Parcel Service from a “c” rating to a “b” rating in a report on Thursday, July 27th. Sanford C. Bernstein reissued an “outperform” rating and set a $127.00 target price on shares of United Parcel Service in a report on Monday, July 3rd. Finally, Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $116.00 target price on shares of United Parcel Service in a report on Friday, May 19th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $114.57.

In related news, SVP Kathleen M. Gutmann sold 2,000 shares of the stock in a transaction on Monday, June 5th. The stock was sold at an average price of $107.49, for a total value of $214,980.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider James J. Barber sold 3,556 shares of the company’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The disclosure for this sale can be found here. Insiders own 0.59% of the company’s stock.

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. 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.

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

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