Koshinski Asset Management Inc. boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 43.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,175 shares of the transportation company’s stock after purchasing an additional 957 shares during the period. Koshinski Asset Management Inc.’s holdings in United Parcel Service were worth $351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of The Ozarks lifted its position in United Parcel Service by 17.9% during the first quarter. Bank of The Ozarks now owns 5,823 shares of the transportation company’s stock valued at $625,000 after purchasing an additional 886 shares during the period. Honeywell International Inc. lifted its position in United Parcel Service by 108.6% during the first quarter. Honeywell International Inc. now owns 402,600 shares of the transportation company’s stock valued at $43,199,000 after purchasing an additional 209,600 shares during the period. Airain ltd acquired a new position in United Parcel Service during the first quarter valued at $762,000. Vanguard Group Inc. lifted its position in United Parcel Service by 2.2% during the first quarter. Vanguard Group Inc. now owns 47,140,675 shares of the transportation company’s stock valued at $5,058,196,000 after purchasing an additional 1,030,326 shares during the period. Finally, Sei Investments Co. lifted its position in United Parcel Service by 14.4% during the first quarter. Sei Investments Co. now owns 363,172 shares of the transportation company’s stock valued at $38,968,000 after purchasing an additional 45,829 shares during the period. Institutional investors own 52.86% of the company’s stock.

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A number of research analysts recently issued reports on UPS shares. TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Citigroup Inc. upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $115.00 to $128.00 in a research report on Tuesday, August 8th. Cowen and Company reiterated a “hold” rating on shares of United Parcel Service in a research report on Wednesday, July 19th. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Finally, BidaskClub upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. Two equities research 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’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $114.80.

United Parcel Service, Inc. (UPS) traded up 0.22% on Monday, hitting $118.16. 823,943 shares of the company traded hands. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $120.44. The stock has a market cap of $102.32 billion, a PE ratio of 29.05 and a beta of 0.88. The stock’s 50-day moving average is $113.62 and its 200 day moving average is $109.06.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Monday, August 14th were given a $0.83 dividend. The ex-dividend date was Thursday, August 10th. This represents a $3.32 annualized dividend and a yield of 2.81%. United Parcel Service’s dividend payout ratio (DPR) is currently 81.57%.

In related news, insider James J. Barber sold 3,556 shares of the firm’s stock in a transaction 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Alan Gershenhorn sold 17,699 shares of the firm’s stock in a transaction 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. 0.59% of the stock is owned by company insiders.

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.

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

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