City Holding Co. reduced its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,306 shares of the transportation company’s stock after selling 227 shares during the quarter. City Holding Co.’s holdings in United Parcel Service were worth $3,051,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. CX Institutional bought a new stake in shares of United Parcel Service during the 1st quarter valued at about $29,000. RPG Investment Advisory LLC grew its stake in shares of United Parcel Service by 277.1% during the 1st quarter. RPG Investment Advisory LLC now owns 264 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 194 shares during the period. Somerset Trust Co grew its stake in shares of United Parcel Service by 161.0% during the 1st quarter. Somerset Trust Co now owns 274 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 169 shares during the period. Larson Financial Group LLC bought a new stake in shares of United Parcel Service during the 4th quarter valued at about $29,000. Finally, Orrstown Financial Services Inc. bought a new stake in shares of United Parcel Service during the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 55.55% of the company’s stock.

In other United Parcel Service news, CFO Richard N. Peretz sold 9,112 shares of the company’s stock in a transaction that occurred on Wednesday, February 13th. The stock was sold at an average price of $111.18, for a total value of $1,013,072.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Teri P. Mcclure sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $109.72, for a total value of $548,600.00. The disclosure for this sale can be found here. Corporate insiders own 0.17% of the company’s stock.

Shares of NYSE:UPS opened at $114.15 on Monday. United Parcel Service, Inc. has a 12-month low of $89.89 and a 12-month high of $125.09. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 6.56. The company has a market cap of $98.20 billion, a P/E ratio of 15.77, a P/E/G ratio of 1.69 and a beta of 1.21.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, January 31st. The transportation company reported $1.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.91 by $0.03. United Parcel Service had a return on equity of 254.74% and a net margin of 6.67%. The business had revenue of $19.85 billion during the quarter, compared to the consensus estimate of $19.92 billion. During the same period in the prior year, the company posted $1.67 EPS. On average, sell-side analysts expect that United Parcel Service, Inc. will post 7.52 earnings per share for the current year.

A number of brokerages recently issued reports on UPS. Berenberg Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and boosted their price objective for the company from $125.00 to $130.00 in a research note on Monday, April 1st. Credit Suisse Group reiterated a “neutral” rating and set a $114.00 price objective on shares of United Parcel Service in a research note on Wednesday, March 6th. Zacks Investment Research downgraded United Parcel Service from a “hold” rating to a “sell” rating in a research note on Saturday, February 9th. Standpoint Research downgraded United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, February 7th. Finally, Bank of America reiterated a “neutral” rating and set a $112.00 price objective (down from $116.00) on shares of United Parcel Service in a research note on Friday, February 1st. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $123.70.

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United Parcel Service Company 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.

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

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