United Parcel Service, Inc. (UPS) Position Reduced by Vantage Investment Advisors LLC

Vantage Investment Advisors LLC trimmed its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,659 shares of the transportation company’s stock after selling 84 shares during the period. Vantage Investment Advisors LLC’s holdings in United Parcel Service were worth $405,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its position in shares of United Parcel Service by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock valued at $163,000 after acquiring an additional 5 shares during the period. Founders Capital Management lifted its position in shares of United Parcel Service by 0.3% during the 2nd quarter. Founders Capital Management now owns 5,367 shares of the transportation company’s stock valued at $594,000 after acquiring an additional 15 shares during the period. Bollard Group LLC lifted its position in shares of United Parcel Service by 0.8% during the 2nd quarter. Bollard Group LLC now owns 2,239 shares of the transportation company’s stock valued at $248,000 after acquiring an additional 17 shares during the period. Guardian Life Insurance Co. of America lifted its position in shares of United Parcel Service by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 2,659 shares of the transportation company’s stock valued at $285,000 after acquiring an additional 18 shares during the period. Finally, Conservest Capital Advisors Inc. lifted its position in shares of United Parcel Service by 0.8% during the 2nd quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock valued at $322,000 after acquiring an additional 23 shares during the period. Institutional investors own 52.87% of the company’s stock.

In related news, EVP Alan Gershenhorn sold 17,699 shares of United Parcel Service stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total transaction of $2,019,455.90. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.59% of the company’s stock.

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Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $115.46 on Monday. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $121.75. The stock has a market cap of $99,526.52, a price-to-earnings ratio of 19.31, a PEG ratio of 2.08 and a beta of 0.92. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.45. The company had revenue of $15.98 billion during the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 EPS. sell-side analysts predict that United Parcel Service, Inc. will post 6.01 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Monday, November 13th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $3.32 annualized dividend and a dividend yield of 2.88%. United Parcel Service’s payout ratio is 81.37%.

A number of research firms have recently issued reports on UPS. UBS AG lifted their price target on shares of United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Robert W. Baird reissued a “hold” rating and set a $118.00 price objective on shares of United Parcel Service in a research note on Sunday, October 1st. Cowen and Company raised their price objective on shares of United Parcel Service from $115.00 to $124.00 and gave the stock a “market perform” rating in a research note on Monday, October 23rd. Stifel Nicolaus raised their price objective on shares of United Parcel Service from $103.00 to $112.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. Finally, BMO Capital Markets raised their price objective on shares of United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $119.22.

United Parcel Service 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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