Alerus Financial NA increased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 13,702 shares of the company’s stock after buying an additional 250 shares during the period. Alerus Financial NA’s holdings in United Parcel Service were worth $1,498,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Security National Trust Co. boosted its stake in shares of United Parcel Service by 35.1% in the second quarter. Security National Trust Co. now owns 1,059 shares of the company’s stock valued at $115,000 after buying an additional 275 shares during the period. Hirtle Callaghan & Co LLC bought a new position in shares of United Parcel Service during the third quarter worth $123,000. Financial Architects Inc boosted its position in shares of United Parcel Service by 21.6% in the third quarter. Financial Architects Inc now owns 1,136 shares of the company’s stock worth $124,000 after buying an additional 202 shares in the last quarter. Cornerstone Advisors Inc. boosted its position in shares of United Parcel Service by 216.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,157 shares of the company’s stock worth $127,000 after buying an additional 791 shares in the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of United Parcel Service by 17.4% in the second quarter. Advisory Services Network LLC now owns 1,206 shares of the company’s stock worth $130,000 after buying an additional 179 shares in the last quarter. Institutional investors and hedge funds own 52.31% of the company’s stock.

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

United Parcel Service, Inc. (NYSE:UPS) traded up 0.29% during midday trading on Friday, reaching $114.24. The company had a trading volume of 1,788,059 shares. United Parcel Service, Inc. has a 52-week low of $87.30 and a 52-week high of $120.44. The company has a market cap of $99.69 billion, a PE ratio of 20.36 and a beta of 0.91. The company’s 50-day moving average is $116.34 and its 200 day moving average is $111.00.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 27th. The company reported $1.44 earnings per share for the quarter, meeting the consensus estimate of $1.44. United Parcel Service had a return on equity of 195.68% and a net margin of 8.33%. The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $14.72 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The company’s quarterly revenue was up 4.9% on a year-over-year basis. On average, equities research analysts forecast that United Parcel Service, Inc. will post $5.82 EPS for the current year.

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UPS has been the topic of a number of analyst reports. Zacks Investment Research cut United Parcel Service from a “hold” rating to a “sell” rating in a research note on Wednesday, September 28th. Deutsche Bank AG initiated coverage on United Parcel Service in a research note on Wednesday, November 2nd. They issued a “hold” rating and a $117.00 price target on the stock. Vetr cut United Parcel Service from a “buy” rating to a “hold” rating and set a $114.83 price target on the stock. in a research note on Tuesday, November 8th. BMO Capital Markets initiated coverage on United Parcel Service in a research note on Thursday, November 17th. They issued an “outperform” rating and a $125.00 price target on the stock. They noted that the move was a valuation call. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $116.00 price target on shares of United Parcel Service in a research note on Friday, November 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. United Parcel Service has a consensus rating of “Hold” and an average target price of $116.42.

United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.

5 Day Chart for NYSE:UPS

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