Tiaa Fsb decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 8.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,486 shares of the transportation company’s stock after selling 1,032 shares during the period. Tiaa Fsb’s holdings in United Parcel Service were worth $1,341,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. WINTON GROUP Ltd raised its holdings in shares of United Parcel Service by 212.4% during the first quarter. WINTON GROUP Ltd now owns 6,427 shares of the transportation company’s stock valued at $673,000 after purchasing an additional 4,370 shares during the period. Summit Trail Advisors LLC raised its holdings in shares of United Parcel Service by 9,926.3% during the first quarter. Summit Trail Advisors LLC now owns 331,670 shares of the transportation company’s stock valued at $332,000 after purchasing an additional 328,362 shares during the period. Dynamic Technology Lab Private Ltd raised its holdings in shares of United Parcel Service by 13.1% during the first quarter. Dynamic Technology Lab Private Ltd now owns 4,883 shares of the transportation company’s stock valued at $511,000 after purchasing an additional 567 shares during the period. Mount Yale Investment Advisors LLC acquired a new position in shares of United Parcel Service during the first quarter valued at about $533,000. Finally, Avalon Advisors LLC raised its holdings in shares of United Parcel Service by 21.0% during the first quarter. Avalon Advisors LLC now owns 165,790 shares of the transportation company’s stock valued at $17,351,000 after purchasing an additional 28,829 shares during the period. Institutional investors and hedge funds own 53.93% of the company’s stock.

UPS opened at $116.49 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 8.54. United Parcel Service, Inc. has a fifty-two week low of $101.45 and a fifty-two week high of $135.53. The stock has a market capitalization of $100.22 billion, a P/E ratio of 19.38, a price-to-earnings-growth ratio of 1.74 and a beta of 1.16.

United Parcel Service (NYSE:UPS) last posted its earnings results on Wednesday, July 25th. The transportation company reported $1.94 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.93 by $0.01. United Parcel Service had a net margin of 7.49% and a return on equity of 364.89%. The company had revenue of $17.46 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the prior year, the business posted $1.58 EPS. The firm’s revenue was up 9.6% compared to the same quarter last year. Equities analysts forecast that United Parcel Service, Inc. will post 7.25 EPS for the current fiscal year.

In related news, insider George Willis sold 4,312 shares of the company’s stock in a transaction dated Thursday, August 23rd. The shares were sold at an average price of $121.34, for a total value of $523,218.08. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO James J. Barber sold 2,500 shares of the company’s stock in a transaction dated Monday, August 20th. The stock was sold at an average price of $121.94, for a total transaction of $304,850.00. The disclosure for this sale can be found here. Insiders sold a total of 8,512 shares of company stock worth $1,031,932 in the last 90 days. 0.56% of the stock is currently owned by company insiders.

Several brokerages have recently weighed in on UPS. Goldman Sachs Group set a $150.00 price objective on shares of United Parcel Service and gave the company a “buy” rating in a report on Monday, September 10th. Raymond James upgraded shares of United Parcel Service from a “market perform” rating to a “strong-buy” rating and set a $150.00 price objective on the stock in a report on Tuesday, September 4th. Stephens set a $128.00 price objective on shares of United Parcel Service and gave the company a “hold” rating in a report on Wednesday, July 25th. BMO Capital Markets upped their price objective on shares of United Parcel Service to $128.00 and gave the company a “market perform” rating in a report on Thursday, July 26th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $125.00 price objective on shares of United Parcel Service in a report on Thursday, July 26th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $125.49.

About United Parcel Service

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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

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