Landmark Financial Advisors LLC Buys New Position in United Parcel Service, Inc. (UPS)
Landmark Financial Advisors LLC bought a new position in United Parcel Service, Inc. (NYSE:UPS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,973 shares of the transportation company’s stock, valued at approximately $549,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. First PREMIER Bank boosted its holdings in shares of 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 last quarter. Ullmann Financial Group Inc. purchased a new position in shares of United Parcel Service in the 1st quarter worth about $126,000. Winslow Evans & Crocker Inc. lifted its holdings in United Parcel Service by 261.3% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 899 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in United Parcel Service by 14.1% during the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 153 shares during the last quarter. Finally, Security National Trust Co. lifted its holdings in United Parcel Service by 3.9% during the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 53.11% of the company’s stock.
Several equities research analysts have commented on the stock. BidaskClub raised shares of United Parcel Service from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Citigroup Inc. upgraded United Parcel Service from a “neutral” rating to a “buy” rating and upped their price target for the company from $115.00 to $128.00 in a research report on Tuesday, August 8th. Goldman Sachs Group, Inc. (The) initiated coverage on United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 price target on the stock. Oppenheimer Holdings, Inc. reiterated a “buy” rating and set a $123.00 price target (up from $116.00) on shares of United Parcel Service in a research report on Wednesday, September 20th. Finally, Robert W. Baird reiterated a “hold” rating and set a $118.00 price target on shares of United Parcel Service in a research report on Sunday, October 1st. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company. United Parcel Service has a consensus rating of “Hold” and an average target price of $120.74.
Shares of United Parcel Service, Inc. (UPS) opened at $113.20 on Tuesday. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $121.75. The company has a market capitalization of $97,690.00, a price-to-earnings ratio of 18.89, a P/E/G ratio of 2.03 and a beta of 0.92. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33.
United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, hitting analysts’ consensus estimates of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The company had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same quarter last year, the firm posted $1.44 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. analysts expect that United Parcel Service, Inc. will post 6.01 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 2.93%. The ex-dividend date is Friday, November 10th. United Parcel Service’s dividend payout ratio is currently 81.57%.
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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.
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