Lehman Financial Resources Inc. increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 1.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,370 shares of the transportation company’s stock after buying an additional 320 shares during the period. United Parcel Service accounts for about 1.9% of Lehman Financial Resources Inc.’s portfolio, making the stock its 18th largest position. Lehman Financial Resources Inc.’s holdings in United Parcel Service were worth $3,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. V Wealth Management LLC purchased a new position in United Parcel Service in the 2nd quarter worth about $102,000. 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 worth $116,000 after buying an additional 50 shares during the period. Ullmann Financial Group Inc. purchased a new position in United Parcel Service in the 1st quarter worth about $126,000. Parkside Financial Bank & Trust increased its stake in 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 worth $137,000 after buying an additional 153 shares during the period. 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 worth $137,000 after buying an additional 899 shares during the period. 53.07% of the stock is currently owned by institutional investors.

United Parcel Service, Inc. (NYSE:UPS) opened at $112.94 on Friday. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $121.75. The stock has a market cap of $97,980.00, a P/E ratio of 19.08, a PEG ratio of 2.05 and a beta of 0.92.

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

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Monday, November 13th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Friday, November 10th. United Parcel Service’s dividend payout ratio (DPR) is presently 81.57%.

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In related news, EVP Alan Gershenhorn sold 17,699 shares of United Parcel Service stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total value of $2,019,455.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.59% of the stock is owned by company insiders.

UPS has been the topic of several recent analyst reports. J P Morgan Chase & Co raised their price target on shares of United Parcel Service from $113.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday, October 12th. Loop Capital raised their target price on shares of United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 27th. Zacks Investment Research raised shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a research report on Friday, October 6th. Credit Suisse Group reissued a “hold” rating and set a $116.00 target price (up previously from $108.00) on shares of United Parcel Service in a research report on Thursday, October 12th. They noted that the move was a valuation call. Finally, BidaskClub raised shares of United Parcel Service from a “strong sell” rating to a “sell” rating in a research report on Friday, August 11th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $120.74.

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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