Raymond James Trust N.A. increased its position in United Parcel Service Inc. (NYSE:UPS) by 1.5% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 30,151 shares of the company’s stock after buying an additional 448 shares during the period. Raymond James Trust N.A.’s holdings in United Parcel Service were worth $3,297,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of UPS. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in United Parcel Service by 0.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,465 shares of the company’s stock worth $157,000 after buying an additional 5 shares during the period. Savant Capital LLC raised its position in United Parcel Service by 0.3% in the second quarter. Savant Capital LLC now owns 3,490 shares of the company’s stock worth $376,000 after buying an additional 10 shares during the period. Trust Department MB Financial Bank N A raised its position in United Parcel Service by 0.7% in the second quarter. Trust Department MB Financial Bank N A now owns 2,130 shares of the company’s stock worth $206,000 after buying an additional 15 shares during the period. Perigon Wealth Management LLC raised its position in United Parcel Service by 0.3% in the second quarter. Perigon Wealth Management LLC now owns 4,348 shares of the company’s stock worth $468,000 after buying an additional 15 shares during the period. Finally, Bollard Group LLC raised its position in United Parcel Service by 0.7% in the second quarter. Bollard Group LLC now owns 2,174 shares of the company’s stock worth $234,000 after buying an additional 16 shares during the period. Institutional investors and hedge funds own 52.50% of the company’s stock.

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

United Parcel Service Inc. (NYSE:UPS) traded up 0.51% during trading on Tuesday, hitting $116.28. 2,772,397 shares of the stock traded hands. The company has a market cap of $101.47 billion, a P/E ratio of 20.72 and a beta of 0.89. United Parcel Service Inc. has a 52-week low of $87.30 and a 52-week high of $116.48. The firm has a 50-day moving average price of $110.40 and a 200 day moving average price of $108.14.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Thursday, October 27th. The company reported $1.44 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.44. The company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $14.72 billion. United Parcel Service had a net margin of 8.33% and a return on equity of 195.68%. United Parcel Service’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.39 EPS. On average, equities analysts expect that United Parcel Service Inc. will post $5.82 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Monday, November 14th will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Wednesday, November 9th. United Parcel Service’s payout ratio is 55.52%.

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A number of research analysts have weighed in on the stock. William Blair reaffirmed an “outperform” rating on shares of United Parcel Service in a research note on Tuesday, September 13th. Oppenheimer Holdings Inc. reissued an “outperform” rating and set a $116.00 price target (up from $112.00) on shares of United Parcel Service in a research report on Tuesday, August 2nd. Deutsche Bank AG initiated coverage on shares of United Parcel Service in a research report on Wednesday, November 2nd. They set a “hold” rating and a $117.00 price target on the stock. Argus raised their price target on shares of United Parcel Service from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 2nd. Finally, Vetr lowered shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $114.83 price target on the stock. in a research report on Tuesday, November 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. United Parcel Service currently has a consensus rating of “Hold” and an average price target of $113.40.

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. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.

5 Day Chart for NYSE:UPS

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