United Parcel Service, Inc. (UPS) Shares Sold by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. decreased its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,979,100 shares of the transportation company’s stock after selling 24,784 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.23% of United Parcel Service worth $218,869,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. V Wealth Management LLC bought a new stake in United Parcel Service during the 2nd quarter valued at about $102,000. First PREMIER Bank lifted its holdings in United Parcel Service by 5.0% during the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after buying an additional 50 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in United Parcel Service by 17.3% during the 1st quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock valued at $116,000 after buying an additional 160 shares in the last quarter. Ullmann Financial Group Inc. bought a new stake in United Parcel Service during the 1st quarter valued at about $126,000. Finally, Winslow Evans & Crocker Inc. lifted its holdings in United Parcel Service by 261.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after buying an additional 899 shares in the last quarter. Institutional investors own 52.86% of the company’s stock.

In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total transaction of $2,019,455.90. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider James J. Barber sold 3,556 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $110.85, for a total transaction of $394,182.60. The disclosure for this sale can be found here. 0.59% of the stock is owned by company insiders.

UPS has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b” rating in a report on Thursday, July 27th. Cowen and Company restated a “hold” rating on shares of United Parcel Service in a report on Tuesday, September 26th. BidaskClub lowered shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Robert W. Baird restated a “hold” rating and issued a $118.00 price target on shares of United Parcel Service in a report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $117.25.

United Parcel Service, Inc. (NYSE UPS) opened at 118.15 on Thursday. The company has a market cap of $102.31 billion, a price-to-earnings ratio of 29.05 and a beta of 0.90. The company’s 50 day moving average is $117.47 and its 200 day moving average is $111.06. United Parcel Service, Inc. has a 1-year low of $102.12 and a 1-year high of $120.80.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, July 27th. The transportation company reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.12. The firm had revenue of $15.75 billion for the quarter, compared to analysts’ expectations of $15.49 billion. United Parcel Service had a net margin of 5.68% and a return on equity of 417.18%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 earnings per share. Equities research analysts forecast that United Parcel Service, Inc. will post $6.01 EPS for the current year.

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Other institutional investors and hedge funds also recently made changes to their positions in the company. V Wealth Management LLC bought a new stake in United Parcel Service during the 2nd quarter valued at about $102,000. First PREMIER Bank lifted its holdings in United Parcel Service by 5.0% during the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after buying an additional 50 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in United Parcel Service by 17.3% during the 1st quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock valued at $116,000 after buying an additional 160 shares in the last quarter. Ullmann Financial Group Inc. bought a new stake in United Parcel Service during the 1st quarter valued at about $126,000. Finally, Winslow Evans & Crocker Inc. lifted its holdings in United Parcel Service by 261.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after buying an additional 899 shares in the last quarter. Institutional investors own 52.86% of the company’s stock.

In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total transaction of $2,019,455.90. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider James J. Barber sold 3,556 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $110.85, for a total transaction of $394,182.60. The disclosure for this sale can be found here. 0.59% of the stock is owned by company insiders.

UPS has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b” rating in a report on Thursday, July 27th. Cowen and Company restated a “hold” rating on shares of United Parcel Service in a report on Tuesday, September 26th. BidaskClub lowered shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Robert W. Baird restated a “hold” rating and issued a $118.00 price target on shares of United Parcel Service in a report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $117.25.

United Parcel Service, Inc. (NYSE UPS) opened at 118.15 on Thursday. The company has a market cap of $102.31 billion, a price-to-earnings ratio of 29.05 and a beta of 0.90. The company’s 50 day moving average is $117.47 and its 200 day moving average is $111.06. United Parcel Service, Inc. has a 1-year low of $102.12 and a 1-year high of $120.80.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, July 27th. The transportation company reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.12. The firm had revenue of $15.75 billion for the quarter, compared to analysts’ expectations of $15.49 billion. United Parcel Service had a net margin of 5.68% and a return on equity of 417.18%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 earnings per share. Equities research analysts forecast that United Parcel Service, Inc. will post $6.01 EPS for the current year.

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United Parcel Service 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.

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

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