Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 15.0% during the fourth quarter, Holdings Channel reports. The fund owned 215,253 shares of the transportation company’s stock after buying an additional 28,000 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in United Parcel Service were worth $20,994,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital International Investors acquired a new position in United Parcel Service in the 3rd quarter valued at about $525,375,000. Vanguard Group Inc boosted its holdings in United Parcel Service by 1.4% in the 3rd quarter. Vanguard Group Inc now owns 52,189,390 shares of the transportation company’s stock valued at $6,093,112,000 after purchasing an additional 704,504 shares during the last quarter. Vanguard Group Inc. boosted its holdings in United Parcel Service by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 52,189,390 shares of the transportation company’s stock valued at $6,093,112,000 after purchasing an additional 704,504 shares during the last quarter. FMR LLC boosted its holdings in United Parcel Service by 5.2% in the 3rd quarter. FMR LLC now owns 11,152,212 shares of the transportation company’s stock valued at $1,302,020,000 after purchasing an additional 547,718 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its holdings in United Parcel Service by 907.7% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 555,172 shares of the transportation company’s stock valued at $64,816,000 after purchasing an additional 500,080 shares during the last quarter. Hedge funds and other institutional investors own 53.94% of the company’s stock.

Several research firms have weighed in on UPS. Bank of America reiterated a “neutral” rating and issued a $112.00 target price (down from $116.00) on shares of United Parcel Service in a report on Friday, February 1st. Credit Suisse Group boosted their target price on shares of United Parcel Service from $104.00 to $111.00 and gave the company a “neutral” rating in a report on Monday, February 4th. Berenberg Bank reiterated a “neutral” rating and issued a $125.00 target price on shares of United Parcel Service in a report on Wednesday, October 24th. Goldman Sachs Group set a $147.00 target price on shares of United Parcel Service and gave the company a “buy” rating in a report on Tuesday, October 30th. Finally, Zacks Investment Research downgraded shares of United Parcel Service from a “hold” rating to a “sell” rating in a research note on Saturday, January 26th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $122.29.

United Parcel Service stock opened at $108.10 on Friday. The company has a market capitalization of $92.88 billion, a PE ratio of 14.93, a P/E/G ratio of 1.63 and a beta of 1.18. United Parcel Service, Inc. has a 1 year low of $89.89 and a 1 year high of $125.09. The company has a current ratio of 1.12, a quick ratio of 1.14 and a debt-to-equity ratio of 6.56.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 31st. The transportation company reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.03. The business had revenue of $19.85 billion for the quarter, compared to the consensus estimate of $19.92 billion. United Parcel Service had a net margin of 6.67% and a return on equity of 254.74%. During the same period in the previous year, the firm earned $1.67 EPS. On average, research analysts forecast that United Parcel Service, Inc. will post 7.6 EPS for the current year.

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United Parcel Service Profile

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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