Kistler Tiffany Companies LLC increased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,372 shares of the transportation company’s stock after purchasing an additional 175 shares during the period. Kistler Tiffany Companies LLC’s holdings in United Parcel Service were worth $262,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of UPS. V Wealth Management LLC acquired a new position in shares of United Parcel Service during the second quarter worth $102,000. Parkside Financial Bank & Trust grew its stake in shares of United Parcel Service by 17.3% during the first quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock worth $116,000 after purchasing an additional 160 shares in the last quarter. First PREMIER Bank grew its stake in shares of United Parcel Service by 5.0% during the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock worth $116,000 after purchasing an additional 50 shares in the last quarter. Ullmann Financial Group Inc. acquired a new position in shares of United Parcel Service during the first quarter worth $126,000. Finally, Security National Trust Co. grew its stake in shares of United Parcel Service by 8.9% during the first quarter. Security National Trust Co. now owns 1,244 shares of the transportation company’s stock worth $134,000 after purchasing an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 52.86% of the company’s stock.

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

Shares of United Parcel Service, Inc. (UPS) opened at 117.67 on Friday. The firm has a market cap of $101.90 billion, a P/E ratio of 28.93 and a beta of 0.88. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $120.44. The stock’s 50 day moving average is $114.04 and its 200 day moving average is $109.26.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th were paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date was Thursday, August 10th. United Parcel Service’s payout ratio is 81.57%.

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UPS has been the subject of a number of analyst reports. Seaport Global Securities initiated coverage on shares of United Parcel Service in a research note on Tuesday, June 6th. They set a “neutral” rating for the company. BidaskClub upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research note on Tuesday, June 20th. Sanford C. Bernstein reiterated an “outperform” rating and set a $127.00 target price on shares of United Parcel Service in a research note on Monday, July 3rd. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, Cowen and Company reiterated a “hold” rating on shares of United Parcel Service in a research note on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. United Parcel Service presently has an average rating of “Hold” and a consensus target price of $115.27.

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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