Mutual of America Capital Management LLC Acquires 481 Shares of United Parcel Service, Inc. (UPS)

Mutual of America Capital Management LLC grew its holdings in United Parcel Service, Inc. (NYSE:UPS) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,475 shares of the transportation company’s stock after acquiring an additional 481 shares during the period. Mutual of America Capital Management LLC’s holdings in United Parcel Service were worth $10,145,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. First PREMIER Bank boosted its holdings in shares of United Parcel Service by 5.0% in the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after acquiring an additional 50 shares during the last quarter. Ullmann Financial Group Inc. purchased a new stake in United Parcel Service during the first quarter worth $126,000. Parkside Financial Bank & Trust boosted its holdings in United Parcel Service by 14.1% during the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock worth $137,000 after buying an additional 153 shares in the last quarter. Winslow Evans & Crocker Inc. boosted its holdings in United Parcel Service by 261.3% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after buying an additional 899 shares in the last quarter. Finally, Security National Trust Co. boosted its holdings in United Parcel Service by 3.9% during the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock worth $143,000 after buying an additional 48 shares in the last quarter. 53.67% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service, Inc. (NYSE UPS) traded down $3.35 during trading hours on Wednesday, reaching $120.37. 3,690,900 shares of the company’s stock were exchanged, compared to its average volume of 2,717,011. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $106,613.23, a PE ratio of 20.69, a PEG ratio of 2.22 and a beta of 0.92. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $125.16.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting the Zacks’ 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 firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 earnings per share. equities research analysts predict that United Parcel Service, Inc. will post 6.01 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th were given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s dividend payout ratio is presently 81.37%.

A number of brokerages recently issued reports on UPS. Deutsche Bank raised shares of United Parcel Service from a “hold” rating to a “buy” rating and increased their price target for the stock from $125.00 to $135.00 in a report on Monday. Goldman Sachs Group began coverage on shares of United Parcel Service in a report on Monday, November 13th. They set a “buy” rating and a $148.00 price target on the stock. Oppenheimer reissued a “buy” rating and set a $123.00 price target on shares of United Parcel Service in a report on Monday, November 6th. UBS increased their price target on shares of United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, Loop Capital increased their price target on shares of United Parcel Service from $120.00 to $128.00 and gave the stock a “hold” rating in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $121.45.

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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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