Advanced Asset Management Advisors Inc purchased a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) during the fourth quarter, HoldingsChannel reports. The fund purchased 20,000 shares of the transportation company’s stock, valued at approximately $2,341,000.

Other large investors have also bought and sold shares of the company. Savior LLC purchased a new position in shares of United Parcel Service during the fourth quarter valued at about $25,000. Cardinal Capital Management Inc. purchased a new position in shares of United Parcel Service during the fourth quarter valued at about $35,000. NumerixS Investment Technologies Inc purchased a new position in shares of United Parcel Service during the second quarter valued at about $38,000. Capital Advisors Ltd. LLC grew its position in shares of United Parcel Service by 40.4% during the third quarter. Capital Advisors Ltd. LLC now owns 417 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 120 shares in the last quarter. Finally, Hanson & Doremus Investment Management grew its position in shares of United Parcel Service by 123.3% during the fourth quarter. Hanson & Doremus Investment Management now owns 480 shares of the transportation company’s stock valued at $56,000 after purchasing an additional 265 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently weighed in on UPS. Barclays restated a “hold” rating and set a $120.00 price objective on shares of United Parcel Service in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. set a $135.00 price objective on United Parcel Service and gave the company a “neutral” rating in a research report on Friday, October 4th. Morgan Stanley cut their price objective on United Parcel Service from $85.00 to $78.00 and set an “underweight” rating for the company in a research report on Thursday, December 12th. BMO Capital Markets lowered United Parcel Service from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $125.00 to $123.00 in a research report on Tuesday, December 10th. Finally, Wells Fargo & Co began coverage on United Parcel Service in a research report on Monday, October 28th. They set an “outperform” rating and a $138.00 price objective for the company. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $123.75.

Shares of NYSE:UPS traded up $0.04 during trading hours on Thursday, hitting $116.90. 212,641 shares of the company’s stock traded hands, compared to its average volume of 2,152,565. United Parcel Service, Inc. has a 1 year low of $92.65 and a 1 year high of $125.31. The business has a fifty day moving average price of $117.64 and a 200-day moving average price of $116.77. The firm has a market capitalization of $100.70 billion, a P/E ratio of 20.33, a price-to-earnings-growth ratio of 1.68 and a beta of 1.21. The company has a debt-to-equity ratio of 4.27, a current ratio of 1.11 and a quick ratio of 1.11.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, October 22nd. The transportation company reported $2.07 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.01. The company had revenue of $18.32 billion during the quarter, compared to the consensus estimate of $18.35 billion. United Parcel Service had a net margin of 6.81% and a return on equity of 154.80%. United Parcel Service’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.82 earnings per share. As a group, equities analysts predict that United Parcel Service, Inc. will post 7.52 earnings per share for the current year.

In other United Parcel Service news, COO James J. Barber sold 1,500 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $116.43, for a total value of $174,645.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.17% of the stock is owned by insiders.

United Parcel Service Profile

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

See Also: Why do commodities matter?

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS).

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

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.