Bartlett & Co. LLC raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 7.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 33,147 shares of the transportation company’s stock after acquiring an additional 2,395 shares during the period. Bartlett & Co. LLC’s holdings in United Parcel Service were worth $3,981,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. State of Wisconsin Investment Board raised its holdings in United Parcel Service by 50.0% in the 2nd quarter. State of Wisconsin Investment Board now owns 718,476 shares of the transportation company’s stock valued at $79,456,000 after acquiring an additional 239,350 shares during the last quarter. Brookstone Capital Management raised its holdings in United Parcel Service by 9.0% in the 2nd quarter. Brookstone Capital Management now owns 55,120 shares of the transportation company’s stock valued at $6,096,000 after acquiring an additional 4,541 shares during the last quarter. Wesbanco Bank Inc. raised its holdings in United Parcel Service by 9.4% in the 2nd quarter. Wesbanco Bank Inc. now owns 61,892 shares of the transportation company’s stock valued at $6,845,000 after acquiring an additional 5,325 shares during the last quarter. Vanguard Group Inc. raised its holdings in United Parcel Service by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 47,140,675 shares of the transportation company’s stock valued at $5,058,196,000 after acquiring an additional 1,030,326 shares during the last quarter. Finally, Dividend Assets Capital LLC acquired a new position in United Parcel Service in the 2nd quarter valued at $575,000. Institutional investors own 53.67% of the company’s stock.

Shares of United Parcel Service, Inc. (UPS) traded down $0.17 during trading on Friday, reaching $119.56. 3,004,624 shares of the company were exchanged, compared to its average volume of 2,840,934. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $125.16. The stock has a market cap of $102,981.04, a PE ratio of 19.98, a price-to-earnings-growth ratio of 2.15 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.45. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The firm had revenue of $15.98 billion during the quarter, compared to analysts’ expectations of $15.62 billion. During the same period in the prior year, the company earned $1.44 EPS. The firm’s revenue was up 7.0% on a year-over-year basis. analysts predict that United Parcel Service, Inc. will post 6.01 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Monday, November 13th were given a dividend of $0.83 per share. The ex-dividend date was Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a yield of 2.78%. United Parcel Service’s dividend payout ratio (DPR) is 81.37%.

Several brokerages have weighed in on UPS. UBS boosted their price target on United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and upped their price objective for the stock from $125.00 to $135.00 in a report on Monday, December 4th. Robert W. Baird restated a “hold” rating and set a $118.00 price objective on shares of United Parcel Service in a report on Sunday, October 1st. Cowen upped their price objective on United Parcel Service from $115.00 to $124.00 and gave the stock a “market perform” rating in a report on Monday, October 23rd. Finally, BMO Capital Markets upped their price objective on United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $121.45.

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United Parcel Service 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.

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

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