Vestor Capital LLC raised its stake in shares of United Parcel Service Inc. (NYSE:UPS) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,985 shares of the company’s stock after buying an additional 475 shares during the period. Vestor Capital LLC’s holdings in United Parcel Service were worth $4,630,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Eaton Vance Management increased its position in shares of United Parcel Service by 0.8% in the second quarter. Eaton Vance Management now owns 1,314,689 shares of the company’s stock valued at $141,618,000 after buying an additional 11,010 shares during the last quarter. OLD National Bancorp IN increased its stake in United Parcel Service by 25.7% in the second quarter. OLD National Bancorp IN now owns 17,151 shares of the company’s stock worth $1,847,000 after buying an additional 3,511 shares during the last quarter. Pegasus Partners Ltd. increased its stake in United Parcel Service by 15.2% in the second quarter. Pegasus Partners Ltd. now owns 15,640 shares of the company’s stock worth $1,685,000 after buying an additional 2,065 shares during the last quarter. Atlanta Capital Group increased its stake in United Parcel Service by 2.0% in the second quarter. Atlanta Capital Group now owns 5,271 shares of the company’s stock worth $568,000 after buying an additional 103 shares during the last quarter. Finally, Commerce Bank increased its stake in United Parcel Service by 9.7% in the second quarter. Commerce Bank now owns 33,604 shares of the company’s stock worth $3,620,000 after buying an additional 2,969 shares during the last quarter. Hedge funds and other institutional investors own 53.29% of the company’s stock.

United Parcel Service Inc. (NYSE:UPS) traded up 0.22% on Monday, reaching $107.09. The company’s stock had a trading volume of 1,021,090 shares. United Parcel Service Inc. has a 52-week low of $87.30 and a 52-week high of $111.83. The firm’s 50-day moving average price is $109.12 and its 200-day moving average price is $105.75. The stock has a market cap of $94.03 billion, a price-to-earnings ratio of 19.25 and a beta of 0.91.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Friday, July 29th. The company reported $1.43 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.43. United Parcel Service had a return on equity of 211.88% and a net margin of 8.41%. The company had revenue of $14.60 billion for the quarter, compared to the consensus estimate of $14.65 billion. During the same quarter last year, the business posted $1.35 EPS. United Parcel Service’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities analysts expect that United Parcel Service Inc. will post $5.81 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Investors of record on Tuesday, August 16th were issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend was Friday, August 12th. United Parcel Service’s dividend payout ratio (DPR) is 56.01%.

A number of research firms have recently weighed in on UPS. Morgan Stanley set a $91.00 target price on United Parcel Service and gave the stock a “sell” rating in a research report on Monday, August 1st. Oppenheimer Holdings Inc. restated an “outperform” rating and set a $116.00 target price (up previously from $112.00) on shares of United Parcel Service in a research report on Tuesday, August 2nd. William Blair restated an “outperform” rating on shares of United Parcel Service in a research report on Tuesday, September 13th. Sanford C. Bernstein restated an “outperform” rating on shares of United Parcel Service in a research report on Thursday, May 26th. Finally, Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $117.00 target price for the company in a research report on Wednesday, June 29th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $109.23.

In related news, insider James J. Barber sold 2,268 shares of the firm’s stock in a transaction on Friday, August 12th. The stock was sold at an average price of $109.79, for a total transaction of $249,003.72. Following the sale, the insider now owns 31,418 shares of the company’s stock, valued at approximately $3,449,382.22. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.72% of the company’s stock.

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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