Bush Odonnell Investment Advisors Inc. continued to hold its position in shares of United Parcel Service, Inc. (NYSE:UPS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,295 shares of the transportation company’s stock at the close of the 2nd quarter. Bush Odonnell Investment Advisors Inc.’s holdings in United Parcel Service were worth $364,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Intersect Capital LLC raised its holdings in shares of United Parcel Service by 21.0% in the 2nd quarter. Intersect Capital LLC now owns 12,431 shares of the transportation company’s stock valued at $1,375,000 after buying an additional 2,157 shares during the period. Blue Chip Partners Inc. raised its holdings in shares of United Parcel Service by 7.9% in the 2nd quarter. Blue Chip Partners Inc. now owns 61,877 shares of the transportation company’s stock valued at $6,843,000 after buying an additional 4,550 shares during the period. Sitrin Capital Management LLC raised its holdings in shares of United Parcel Service by 1.9% in the 2nd quarter. Sitrin Capital Management LLC now owns 37,874 shares of the transportation company’s stock valued at $4,188,000 after buying an additional 690 shares during the period. RFG Advisory Group LLC raised its holdings in shares of United Parcel Service by 167.2% in the 2nd quarter. RFG Advisory Group LLC now owns 7,915 shares of the transportation company’s stock valued at $876,000 after buying an additional 4,953 shares during the period. Finally, ProVise Management Group LLC raised its holdings in shares of United Parcel Service by 6.8% in the 2nd quarter. ProVise Management Group LLC now owns 26,981 shares of the transportation company’s stock valued at $2,984,000 after buying an additional 1,708 shares during the period. Hedge funds and other institutional investors own 52.86% of the company’s stock.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at 119.76 on Friday. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $120.80. The stock has a market cap of $103.71 billion, a P/E ratio of 29.45 and a beta of 0.90. The firm’s 50-day moving average price is $117.75 and its 200 day moving average price is $111.22.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.46 by $0.12. United Parcel Service had a return on equity of 417.18% and a net margin of 5.68%. The company had revenue of $15.75 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same period last year, the company posted $1.43 earnings per share. The firm’s revenue was up 7.7% compared to the same quarter last year. Equities research analysts expect that United Parcel Service, Inc. will post $6.01 EPS for the current fiscal year.

In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total value of $2,019,455.90. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider James J. Barber sold 3,556 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The disclosure for this sale can be found here. Company insiders own 0.59% of the company’s stock.

Several equities research analysts recently issued reports on the company. Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $123.00 price objective (up previously from $116.00) on shares of United Parcel Service in a report on Wednesday, September 20th. BidaskClub downgraded United Parcel Service from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Credit Suisse Group reiterated a “neutral” rating and issued a $108.00 price objective on shares of United Parcel Service in a report on Tuesday, August 15th. Zacks Investment Research downgraded United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Finally, Bank of America Corporation reiterated a “neutral” rating and issued a $124.00 price objective (up previously from $117.00) on shares of United Parcel Service in a report on Friday, October 6th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $117.25.

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About United Parcel Service

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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