Nicolet Bankshares Inc. lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 25.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,617 shares of the transportation company’s stock after acquiring an additional 1,125 shares during the quarter. Nicolet Bankshares Inc.’s holdings in United Parcel Service were worth $621,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of United Parcel Service by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 47,140,675 shares of the transportation company’s stock valued at $5,058,196,000 after acquiring an additional 1,030,326 shares during the period. BlackRock Inc. grew its stake in shares of United Parcel Service by 2,550.9% during the 1st quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock valued at $4,834,013,000 after acquiring an additional 43,351,873 shares during the period. Wellington Management Group LLP lifted its holdings in United Parcel Service by 4.0% in the 1st quarter. Wellington Management Group LLP now owns 29,387,614 shares of the transportation company’s stock worth $3,153,291,000 after purchasing an additional 1,117,802 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in United Parcel Service by 5.4% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 24,295,470 shares of the transportation company’s stock worth $2,606,905,000 after purchasing an additional 1,246,981 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its holdings in United Parcel Service by 10.0% in the 1st quarter. Clearbridge Investments LLC now owns 6,520,411 shares of the transportation company’s stock worth $699,640,000 after purchasing an additional 593,756 shares in the last quarter. Institutional investors own 52.94% of the company’s stock.

In other news, insider James J. Barber sold 3,556 shares of United Parcel Service stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $110.85, for a total value of $394,182.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Alan Gershenhorn sold 17,699 shares of United Parcel Service stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total value of $2,019,455.90. The disclosure for this sale can be found here. Insiders own 0.59% of the company’s stock.

Shares of United Parcel Service, Inc. (NYSE UPS) opened at 117.90 on Friday. The stock’s 50 day moving average price is $113.62 and its 200 day moving average price is $109.06. The stock has a market capitalization of $102.10 billion, a PE ratio of 28.99 and a beta of 0.88. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $120.44.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, July 27th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.12. The firm had revenue of $15.75 billion for the quarter, compared to analyst estimates of $15.49 billion. United Parcel Service had a return on equity of 417.18% and a net margin of 5.68%. The business’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 earnings per share. Equities research analysts predict that United Parcel Service, Inc. will post $6.01 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Monday, August 14th were paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend was Thursday, August 10th. United Parcel Service’s dividend payout ratio is presently 81.57%.

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A number of research firms recently commented on UPS. Zacks Investment Research cut United Parcel Service from a “hold” rating to a “sell” rating in a report on Monday, July 17th. BidaskClub raised United Parcel Service from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Credit Suisse Group reissued a “neutral” rating and issued a $108.00 price target on shares of United Parcel Service in a report on Tuesday, August 15th. Citigroup Inc. raised United Parcel Service from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $115.00 to $128.00 in a report on Tuesday, August 8th. Finally, Cowen and Company reissued a “hold” rating on shares of United Parcel Service in a report on Wednesday, July 19th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $114.80.

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.

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

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