Sage Capital Advisors llc boosted its position in United Parcel Service, Inc. (NYSE:UPS) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,665 shares of the transportation company’s stock after purchasing an additional 161 shares during the period. Sage Capital Advisors llc’s holdings in United Parcel Service were worth $897,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Nuveen Asset Management LLC purchased a new stake in United Parcel Service during the second quarter valued at approximately $368,346,000. Price T Rowe Associates Inc. MD raised its holdings in shares of United Parcel Service by 36.5% in the second quarter. Price T Rowe Associates Inc. MD now owns 11,788,515 shares of the transportation company’s stock worth $1,217,400,000 after buying an additional 3,155,121 shares during the last quarter. Boston Partners raised its holdings in shares of United Parcel Service by 72.5% in the third quarter. Boston Partners now owns 5,377,747 shares of the transportation company’s stock worth $644,348,000 after buying an additional 2,260,831 shares during the last quarter. Invesco Ltd. lifted its stake in shares of United Parcel Service by 47.3% during the second quarter. Invesco Ltd. now owns 6,433,175 shares of the transportation company’s stock worth $664,353,000 after buying an additional 2,064,682 shares during the period. Finally, Point72 Asset Management L.P. acquired a new stake in shares of United Parcel Service during the second quarter worth $97,269,000. 55.76% of the stock is owned by institutional investors and hedge funds.

Several research firms recently issued reports on UPS. GMP Securities raised United Parcel Service to a “reduce” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. set a $135.00 price target on United Parcel Service and gave the stock a “neutral” rating in a research report on Friday, October 4th. Morgan Stanley lowered their price target on United Parcel Service from $85.00 to $78.00 and set an “underweight” rating for the company in a research report on Thursday, December 12th. ValuEngine upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research note on Friday, January 3rd. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $122.00 price objective on shares of United Parcel Service in a report on Thursday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $123.75.

In related news, COO James J. Barber sold 1,500 shares of United Parcel Service stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $116.43, for a total transaction of $174,645.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is currently owned by company insiders.

UPS traded up $0.16 during midday trading on Thursday, hitting $118.60. 82,932 shares of the company were exchanged, compared to its average volume of 2,455,793. The company’s 50 day simple moving average is $117.76 and its 200 day simple moving average is $116.22. The firm has a market capitalization of $101.16 billion, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 1.67 and a beta of 1.21. United Parcel Service, Inc. has a 1-year low of $92.65 and a 1-year high of $125.31. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 4.27.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, October 22nd. The transportation company reported $2.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.06 by $0.01. United Parcel Service had a return on equity of 154.80% and a net margin of 6.81%. The business had revenue of $18.32 billion during the quarter, compared to analysts’ expectations of $18.35 billion. During the same quarter in the previous year, the firm posted $1.82 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, equities analysts anticipate that United Parcel Service, Inc. will post 7.52 EPS for the current year.

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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