1,000 Shares in United Parcel Service, Inc. (UPS) Purchased by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,000 shares of the transportation company’s stock, valued at approximately $120,000.

Several other institutional investors have also bought and sold shares of the company. First PREMIER Bank lifted its stake in 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 purchasing an additional 50 shares during the last quarter. Winslow Evans & Crocker Inc. lifted its stake in United Parcel Service by 261.3% in the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 899 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in United Parcel Service by 14.1% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 153 shares during the last quarter. Security National Trust Co. lifted its stake in United Parcel Service by 3.9% in the 2nd quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 48 shares during the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in United Parcel Service by 0.3% in 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 purchasing an additional 5 shares during the last quarter. Institutional investors own 53.49% of the company’s stock.

Several equities research analysts recently issued reports on UPS shares. Robert W. Baird reiterated a “hold” rating and issued a $118.00 target price on shares of United Parcel Service in a research note on Friday, August 25th. Oppenheimer reiterated a “buy” rating and issued a $123.00 target price (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Cowen reiterated a “hold” rating on shares of United Parcel Service in a research note on Tuesday, September 26th. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, Bank of America reiterated a “neutral” rating and issued a $124.00 target price (up from $117.00) on shares of United Parcel Service in a research note on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $121.45.

United Parcel Service, Inc. (NYSE:UPS) opened at $118.64 on Friday. United Parcel Service, Inc. has a fifty-two week low of $102.12 and a fifty-two week high of $125.16. The company has a market cap of $102,240.00, a P/E ratio of 29.15, a PEG ratio of 2.13 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 earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.45. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The company had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same period last year, the firm earned $1.44 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. research analysts predict that United Parcel Service, Inc. will post 6.01 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th were issued a dividend of $0.83 per share. The ex-dividend date was Friday, November 10th. This represents a $3.32 annualized dividend and a dividend yield of 2.80%. United Parcel Service’s dividend payout ratio is presently 81.57%.

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About United Parcel Service

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.

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

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