United Parcel Service, Inc. (UPS) Shares Bought by Advisor Group Inc.

Advisor Group Inc. raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 20.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 104,808 shares of the transportation company’s stock after purchasing an additional 17,835 shares during the period. Advisor Group Inc.’s holdings in United Parcel Service were worth $11,516,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake in shares of United Parcel Service by 0.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock valued at $163,000 after purchasing an additional 5 shares in the last quarter. Founders Capital Management increased its stake in shares of United Parcel Service by 0.3% during the second quarter. Founders Capital Management now owns 5,367 shares of the transportation company’s stock valued at $594,000 after purchasing an additional 15 shares in the last quarter. Bollard Group LLC increased its stake in shares of United Parcel Service by 0.8% during the second quarter. Bollard Group LLC now owns 2,239 shares of the transportation company’s stock valued at $248,000 after purchasing an additional 17 shares in the last quarter. Guardian Life Insurance Co. of America increased its stake in shares of United Parcel Service by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 2,659 shares of the transportation company’s stock valued at $285,000 after purchasing an additional 18 shares in the last quarter. Finally, Conservest Capital Advisors Inc. increased its stake in shares of United Parcel Service by 0.8% during the second quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock valued at $322,000 after purchasing an additional 23 shares in the last quarter. 53.07% of the stock is owned by institutional investors and hedge funds.

In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of United Parcel Service stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total value of $2,019,455.90. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.59% of the company’s stock.

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United Parcel Service, Inc. (UPS) opened at $112.94 on Friday. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.06 and a current ratio of 1.06. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $121.75. The firm has a market cap of $97,323.79, a price-to-earnings ratio of 18.89, a P/E/G ratio of 2.03 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.45. The company had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. United Parcel Service’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.44 EPS. research analysts expect that United Parcel Service, Inc. will post 6.01 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a yield of 2.94%. United Parcel Service’s dividend payout ratio is currently 81.37%.

UPS has been the subject of a number of analyst reports. TheStreet raised shares of United Parcel Service from a “c” rating to a “b” rating in a research note on Thursday, July 27th. Zacks Investment Research raised shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a research report on Friday, October 6th. Citigroup Inc. raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and raised their price target for the company from $115.00 to $128.00 in a research report on Tuesday, August 8th. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $123.00 price target (up previously from $116.00) on shares of United Parcel Service in a research report on Wednesday, September 20th. Finally, Goldman Sachs Group, Inc. (The) began coverage on shares of United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 price target for the company. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $120.74.

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)

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