AT Bancorp lowered its holdings in United Parcel Service, Inc. (NYSE:UPS) by 3.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,746 shares of the transportation company’s stock after selling 90 shares during the period. AT Bancorp’s holdings in United Parcel Service were worth $304,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. V Wealth Management LLC purchased a new position in United Parcel Service during the second quarter valued at approximately $102,000. Parkside Financial Bank & Trust increased its stake in United Parcel Service by 17.3% in the 1st quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock valued at $116,000 after buying an additional 160 shares during the period. First PREMIER Bank increased its stake in 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 buying an additional 50 shares during the period. Ullmann Financial Group Inc. acquired a new position in United Parcel Service in the 1st quarter valued at approximately $126,000. Finally, Winslow Evans & Crocker Inc. increased its stake in 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 buying an additional 899 shares during the period. Institutional investors own 52.86% of the company’s stock.

In related news, EVP Alan Gershenhorn sold 17,699 shares of the company’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total transaction of $2,019,455.90. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider James J. Barber sold 3,556 shares of the company’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $110.85, for a total value of $394,182.60. The disclosure for this sale can be found here. 0.59% of the stock is owned by company insiders.

United Parcel Service, Inc. (NYSE:UPS) opened at 120.79 on Tuesday. The firm has a market cap of $104.60 billion, a P/E ratio of 29.70 and a beta of 0.90. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $120.80. The firm’s 50-day moving average price is $115.91 and its 200 day moving average price is $110.05.

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, beating the consensus estimate of $1.46 by $0.12. United Parcel Service had a net margin of 5.68% and a return on equity of 417.18%. The firm had revenue of $15.75 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same period in the previous year, the business earned $1.43 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. On average, equities research analysts forecast that United Parcel Service, Inc. will post $6.01 EPS for the current year.

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A number of research firms have issued reports on UPS. 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 boosted their price target for the company from $115.00 to $128.00 in a report on Tuesday, August 8th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $123.00 price target (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Cowen and Company reaffirmed a “hold” rating on shares of United Parcel Service in a research note on Wednesday, July 19th. Finally, Zacks Investment Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $115.27.

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. 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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