Dividend Assets Capital LLC Buys 1,150 Shares of United Parcel Service, Inc. (UPS)

Dividend Assets Capital LLC lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 22.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,345 shares of the transportation company’s stock after buying an additional 1,150 shares during the period. Dividend Assets Capital LLC’s holdings in United Parcel Service were worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. First PREMIER Bank lifted its stake 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. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of United Parcel Service in the 3rd quarter valued at $120,000. Winslow Evans & Crocker Inc. lifted its stake in shares of 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 acquiring an additional 899 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of 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 acquiring an additional 153 shares during the last quarter. Finally, Security National Trust Co. lifted its stake in shares of 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 acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 53.49% of the company’s stock.

Shares of United Parcel Service, Inc. (NYSE UPS) opened at $119.08 on Thursday. 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, Inc. has a 1-year low of $102.12 and a 1-year high of $125.16. The firm has a market capitalization of $102,620.00, a PE ratio of 29.26, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92.

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

The firm 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 of this dividend was Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a yield of 2.79%. United Parcel Service’s payout ratio is currently 81.57%.

UPS has been the subject of a number of research reports. JPMorgan Chase & Co. increased their price target on 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 increased their price target on 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 United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a research note on Friday, October 6th. Credit Suisse Group reiterated a “hold” rating and issued a $116.00 price target (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 United Parcel Service from a “hold” rating to a “buy” rating and increased their price target for the company from $125.00 to $135.00 in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company. United Parcel Service currently has an average rating of “Hold” and a consensus price target of $121.39.

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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.

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

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