Brown Advisory Inc. lessened its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 11.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 74,684 shares of the transportation company’s stock after selling 9,596 shares during the quarter. Brown Advisory Inc.’s holdings in United Parcel Service were worth $8,969,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of UPS. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its position in United Parcel Service by 0.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock worth $163,000 after buying an additional 5 shares during the last quarter. Conservest Capital Advisors Inc. increased its stake in shares of United Parcel Service by 0.8% during the second quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock valued at $322,000 after buying an additional 23 shares during the period. SNS Financial Group LLC increased its stake in shares of United Parcel Service by 0.5% during the second quarter. SNS Financial Group LLC now owns 4,417 shares of the transportation company’s stock valued at $488,000 after buying an additional 24 shares during the period. Riverhead Capital Management LLC increased its stake in shares of United Parcel Service by 0.4% during the second quarter. Riverhead Capital Management LLC now owns 10,870 shares of the transportation company’s stock valued at $1,202,000 after buying an additional 44 shares during the period. Finally, Security National Trust Co. increased its stake in shares of United Parcel Service by 3.9% during the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after buying an additional 48 shares during the period. 53.49% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on UPS. Oppenheimer reissued a “buy” rating and set a $123.00 target price (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Robert W. Baird reissued a “hold” rating and set a $130.00 target price on shares of United Parcel Service in a research note on Tuesday. Bank of America reissued a “neutral” rating and set a $124.00 target price (up from $117.00) on shares of United Parcel Service in a research note on Friday, October 6th. Zacks Investment Research cut United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, BMO Capital Markets boosted their target price on United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $123.09.

Shares of United Parcel Service, Inc. (UPS) opened at $133.46 on Friday. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $133.77. The company has a market capitalization of $115,010.00, a price-to-earnings ratio of 32.79, a PEG ratio of 2.12 and a beta of 0.92. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, hitting analysts’ consensus estimates of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same period in the prior year, the firm posted $1.44 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. equities research analysts anticipate that United Parcel Service, Inc. will post 6 EPS for the current year.

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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.

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

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