San Francisco Sentry Investment Group CA Increases Position in United Parcel Service, Inc. (UPS)

San Francisco Sentry Investment Group CA boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 42.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,735 shares of the transportation company’s stock after buying an additional 1,710 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in United Parcel Service were worth $689,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. State of Wisconsin Investment Board boosted its position in shares of United Parcel Service by 50.0% in the 2nd quarter. State of Wisconsin Investment Board now owns 718,476 shares of the transportation company’s stock valued at $79,456,000 after purchasing an additional 239,350 shares during the period. Brookstone Capital Management boosted its position in shares of United Parcel Service by 9.0% in the 2nd quarter. Brookstone Capital Management now owns 55,120 shares of the transportation company’s stock valued at $6,096,000 after purchasing an additional 4,541 shares during the period. Wesbanco Bank Inc. boosted its position in shares of United Parcel Service by 9.4% in the 2nd quarter. Wesbanco Bank Inc. now owns 61,892 shares of the transportation company’s stock valued at $6,845,000 after purchasing an additional 5,325 shares during the period. Crossmark Global Holdings Inc. acquired a new position in shares of United Parcel Service in the 3rd quarter valued at $8,978,000. Finally, Dividend Assets Capital LLC acquired a new position in shares of United Parcel Service in the 2nd quarter valued at $575,000. 53.49% of the stock is owned by institutional investors and hedge funds.

Shares of United Parcel Service, Inc. (UPS) opened at $134.09 on Friday. The stock has a market capitalization of $115,550.00, a PE ratio of 32.95, a P/E/G ratio of 2.17 and a beta of 0.92. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $134.33.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.45. The firm had revenue of $15.98 billion during the quarter, compared to the consensus estimate of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.44 EPS. analysts predict that United Parcel Service, Inc. will post 6 earnings per share for the current year.

A number of equities analysts recently weighed in on UPS shares. Oppenheimer reiterated a “buy” rating and issued a $123.00 price target (up previously from $116.00) on shares of United Parcel Service in a research report on Wednesday, September 20th. Cowen reiterated a “hold” rating on shares of United Parcel Service in a research report on Tuesday, September 26th. Robert W. Baird reiterated a “hold” rating and issued a $118.00 price target on shares of United Parcel Service in a research report on Sunday, October 1st. Zacks Investment Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. Finally, Bank of America reiterated a “neutral” rating and issued a $124.00 price target (up previously from $117.00) on shares of United Parcel Service in a research report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $123.09.

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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.

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

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