Rothschild Investment Corp IL decreased its stake in shares of United Parcel Service Inc. (NYSE:UPS) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,167 shares of the company’s stock after selling 1,346 shares during the period. United Parcel Service accounts for about 1.0% of Rothschild Investment Corp IL’s holdings, making the stock its 21st largest position. Rothschild Investment Corp IL’s holdings in United Parcel Service were worth $8,205,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. S&CO Inc. acquired a new position in shares of United Parcel Service during the second quarter valued at about $609,000. CIBC World Markets Inc. raised its position in shares of United Parcel Service by 28.5% in the second quarter. CIBC World Markets Inc. now owns 70,841 shares of the company’s stock valued at $7,631,000 after buying an additional 15,701 shares during the last quarter. Ken Stern & Associates Inc. raised its position in shares of United Parcel Service by 3.7% in the second quarter. Ken Stern & Associates Inc. now owns 4,662 shares of the company’s stock valued at $502,000 after buying an additional 166 shares during the last quarter. Checchi Capital Advisers LLC raised its position in shares of United Parcel Service by 1.4% in the second quarter. Checchi Capital Advisers LLC now owns 6,626 shares of the company’s stock valued at $714,000 after buying an additional 93 shares during the last quarter. Finally, LS Investment Advisors LLC raised its position in shares of United Parcel Service by 6.2% in the second quarter. LS Investment Advisors LLC now owns 31,518 shares of the company’s stock valued at $3,395,000 after buying an additional 1,828 shares during the last quarter. 53.29% of the stock is currently owned by institutional investors.

United Parcel Service Inc. (NYSE:UPS) traded down 0.21% on Friday, reaching $106.86. 3,618,580 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $109.12 and a 200-day moving average price of $105.75. The company has a market capitalization of $93.83 billion, a P/E ratio of 19.21 and a beta of 0.91. United Parcel Service Inc. has a 1-year low of $87.30 and a 1-year high of $111.83.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Friday, July 29th. The company reported $1.43 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.43. United Parcel Service had a net margin of 8.41% and a return on equity of 211.88%. The company had revenue of $14.60 billion for the quarter, compared to the consensus estimate of $14.65 billion. During the same period in the prior year, the firm posted $1.35 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. Equities research 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. Shareholders of record on Tuesday, August 16th were given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis 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 is presently 56.01%.

Several equities analysts recently issued reports on the stock. William Blair reissued an “outperform” rating on shares of United Parcel Service in a report on Tuesday, September 13th. Barclays PLC raised their target price on shares of United Parcel Service from $110.00 to $115.00 and gave the company an “equal weight” rating in a research note on Monday, September 12th. Argus raised their target price on shares of United Parcel Service from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, August 2nd. Oppenheimer Holdings Inc. restated an “outperform” rating and issued a $116.00 target price (up from $112.00) on shares of United Parcel Service in a research note on Tuesday, August 2nd. Finally, Morgan Stanley set a $91.00 target price on shares of United Parcel Service and gave the company a “sell” rating in a research note on Monday, August 1st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $109.23.

In other United Parcel Service news, insider James J. Barber sold 2,268 shares of the stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $109.79, for a total value of $249,003.72. Following the sale, the insider now directly owns 31,418 shares of the company’s stock, valued at approximately $3,449,382.22. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.72% of the stock is currently owned by company insiders.

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.

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