Pinkerton Retirement Specialists LLC raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,573 shares of the transportation company’s stock after acquiring an additional 522 shares during the period. United Parcel Service comprises about 1.4% of Pinkerton Retirement Specialists LLC’s investment portfolio, making the stock its 18th largest holding. Pinkerton Retirement Specialists LLC’s holdings in United Parcel Service were worth $2,822,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. State of Wisconsin Investment Board lifted its holdings in shares of United Parcel Service by 50.0% in the second quarter. State of Wisconsin Investment Board now owns 718,476 shares of the transportation company’s stock valued at $79,456,000 after purchasing an additional 239,350 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of United Parcel Service by 9.0% in the second quarter. Brookstone Capital Management now owns 55,120 shares of the transportation company’s stock valued at $6,096,000 after purchasing an additional 4,541 shares in the last quarter. Wesbanco Bank Inc. lifted its holdings in shares of United Parcel Service by 9.4% in the second quarter. Wesbanco Bank Inc. now owns 61,892 shares of the transportation company’s stock valued at $6,845,000 after purchasing an additional 5,325 shares in the last quarter. Crossmark Global Holdings Inc. bought a new stake in shares of United Parcel Service in the third quarter valued at about $8,978,000. Finally, Dividend Assets Capital LLC bought a new stake in shares of United Parcel Service in the second quarter valued at about $575,000. 53.50% of the stock is owned by hedge funds and other institutional investors.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $134.09 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33. The stock has a market capitalization of $115,550.00, a PE ratio of 32.95, a P/E/G ratio of 2.12 and a beta of 0.92. United Parcel Service, Inc. has a twelve month low of $102.12 and a twelve month high of $134.33.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.45. The firm had revenue of $15.98 billion for the quarter, compared to analyst estimates of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.44 earnings per share. analysts expect that United Parcel Service, Inc. will post 6 EPS for the current fiscal year.

A number of analysts have recently commented on the company. Oppenheimer restated a “buy” rating and issued a $123.00 price target (up from $116.00) on shares of United Parcel Service in a report on Wednesday, September 20th. Bank of America restated a “neutral” rating and issued a $124.00 price target (up from $117.00) on shares of United Parcel Service in a report on Friday, October 6th. Zacks Investment Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. BMO Capital Markets boosted their price target on United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a report on Friday, October 27th. Finally, Goldman Sachs Group assumed coverage on United Parcel Service in a report on Monday, November 13th. They issued a “buy” rating and a $148.00 price target on the stock. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $123.09.

ILLEGAL ACTIVITY WARNING: This article was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://www.thecerbatgem.com/2018/01/16/united-parcel-service-inc-ups-shares-bought-by-pinkerton-retirement-specialists-llc.html.

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)

Receive News & Stock Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related stocks with our FREE daily email newsletter.