Access Financial Services Inc. increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,555 shares of the transportation company’s stock after buying an additional 340 shares during the period. United Parcel Service makes up 1.3% of Access Financial Services Inc.’s investment portfolio, making the stock its 17th largest position. Access Financial Services Inc.’s holdings in United Parcel Service were worth $1,610,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of UPS. Oregon Public Employees Retirement Fund increased its stake in shares of United Parcel Service by 1.3% in the second quarter. Oregon Public Employees Retirement Fund now owns 72,507 shares of the transportation company’s stock valued at $8,019,000 after buying an additional 900 shares during the period. Winslow Evans & Crocker Inc. increased its stake in shares of United Parcel Service by 261.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after buying an additional 899 shares during the period. CENTRAL TRUST Co increased its stake in shares of United Parcel Service by 3.0% in the second quarter. CENTRAL TRUST Co now owns 18,157 shares of the transportation company’s stock valued at $2,008,000 after buying an additional 535 shares during the period. Camarda Financial Advisors LLC bought a new stake in shares of United Parcel Service during the second quarter valued at approximately $273,000. Finally, Boyd Watterson Asset Management LLC OH increased its stake in shares of United Parcel Service by 2.2% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 5,561 shares of the transportation company’s stock valued at $615,000 after buying an additional 119 shares during the period. 53.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service, Inc. (NYSE:UPS) opened at 112.41 on Monday. The firm’s 50-day moving average price is $107.27 and its 200 day moving average price is $108.93. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $120.44. The company has a market capitalization of $97.55 billion, a price-to-earnings ratio of 28.71 and a beta of 0.88.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, April 27th. The transportation company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.03. The business had revenue of $15.32 billion during the quarter, compared to analyst estimates of $15.19 billion. United Parcel Service had a net margin of 5.60% and a return on equity of 320.39%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.27 EPS. On average, equities research analysts expect that United Parcel Service, Inc. will post $5.95 earnings per share for the current fiscal year.

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Several brokerages have recently commented on UPS. Zacks Investment Research downgraded United Parcel Service from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Sanford C. Bernstein reissued an “outperform” rating and issued a $127.00 price objective on shares of United Parcel Service in a research note on Monday, July 3rd. BidaskClub raised United Parcel Service from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Seaport Global Securities initiated coverage on United Parcel Service in a report on Tuesday, June 6th. They issued a “neutral” rating for the company. Finally, Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $116.00 target price on shares of United Parcel Service in a report on Friday, May 19th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $114.57.

In other news, SVP Kathleen M. Gutmann sold 2,000 shares of the business’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $107.49, for a total transaction of $214,980.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.59% of the stock is currently owned by 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. 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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