Telos Capital Management Inc. Raises Stake in United Parcel Service, Inc. (UPS)

Telos Capital Management Inc. lifted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,673 shares of the transportation company’s stock after purchasing an additional 1,302 shares during the quarter. Telos Capital Management Inc. owned about 2,271.79% of United Parcel Service worth $2,363,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in United Parcel Service in the third quarter valued at approximately $120,000. First PREMIER Bank raised its holdings in United Parcel Service by 5.0% in the second 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 in the last quarter. Parkside Financial Bank & Trust raised its holdings in United Parcel Service by 14.1% in the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after acquiring an additional 153 shares in the last quarter. Winslow Evans & Crocker Inc. raised its holdings in United Parcel Service by 261.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after acquiring an additional 899 shares in the last quarter. Finally, Security National Trust Co. raised its holdings in United Parcel Service by 3.9% in the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after acquiring an additional 48 shares in the last quarter. 53.49% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service, Inc. (NYSE:UPS) opened at $118.64 on Friday. The company has a market cap of $102,183.95, a P/E ratio of 29.08, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $125.16. The company has a quick ratio of 1.06, a current 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 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.45. The business had revenue of $15.98 billion for the quarter, compared to analyst estimates of $15.62 billion. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the firm posted $1.44 earnings per share. equities research analysts anticipate 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 given a dividend of $0.83 per share. The ex-dividend date was Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.80%. United Parcel Service’s dividend payout ratio (DPR) is presently 81.37%.

UPS has been the topic of several analyst reports. Deutsche Bank raised shares of United Parcel Service from a “hold” rating to a “buy” rating and raised their target price for the company from $125.00 to $135.00 in a report on Monday, December 4th. Zacks Investment Research raised shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a report on Friday, October 6th. Goldman Sachs Group initiated coverage on shares of United Parcel Service in a report on Monday, November 13th. They issued a “buy” rating and a $148.00 target price on the stock. Cowen reaffirmed a “hold” rating on shares of United Parcel Service in a report on Tuesday, September 26th. Finally, J P Morgan Chase & Co raised their target price on shares of United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. One equities 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 company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $121.45.

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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.

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

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