FDx Advisors Inc. Increases Stake in United Parcel Service, Inc. (UPS)

FDx Advisors Inc. lifted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 12.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,284 shares of the transportation company’s stock after purchasing an additional 6,520 shares during the quarter. FDx Advisors Inc.’s holdings in United Parcel Service were worth $7,239,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. raised its position in shares of United Parcel Service by 2,550.9% in the first quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock valued at $4,834,013,000 after purchasing an additional 43,351,873 shares during the period. Lazard Asset Management LLC grew its stake in shares of United Parcel Service by 3,875,867.0% in the first quarter. Lazard Asset Management LLC now owns 4,341,083 shares of the transportation company’s stock valued at $465,797,000 after acquiring an additional 4,340,971 shares in the last quarter. Janus Henderson Group PLC grew its stake in shares of United Parcel Service by 775.8% in the second quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock valued at $305,978,000 after acquiring an additional 2,450,868 shares in the last quarter. Federated Investors Inc. PA grew its stake in shares of United Parcel Service by 2,005.9% in the second quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock valued at $167,972,000 after acquiring an additional 1,446,749 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in shares of United Parcel Service by 119.6% in the second quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock valued at $288,170,000 after acquiring an additional 1,419,245 shares in the last quarter. 53.49% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service, Inc. (NYSE UPS) opened at $118.64 on Tuesday. The stock has a market cap of $102,240.00, a P/E ratio of 29.15, a P/E/G ratio of 2.13 and a beta of 0.92. 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 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 issued its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.45. The business had revenue of $15.98 billion during 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 firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned $1.44 EPS. equities analysts expect that United Parcel Service, Inc. will post 6.01 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders 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 yield of 2.80%. United Parcel Service’s payout ratio is 81.57%.

UPS has been the topic of several research reports. JPMorgan Chase & Co. upped their price target on shares of United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Loop Capital upped their price target on shares of United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price objective on the stock in a research note on Friday, October 6th. Credit Suisse Group reiterated a “hold” rating and set a $116.00 price objective (up from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Finally, Deutsche Bank upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and increased their price objective for the stock from $125.00 to $135.00 in a research note on Monday, December 4th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $121.39.

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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.

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

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