LaSalle Street Capital Management LLC held its position in shares of United Parcel Service, Inc. (NYSE:UPS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,100 shares of the transportation company’s stock at the close of the second quarter. LaSalle Street Capital Management LLC’s holdings in United Parcel Service were worth $785,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. State of Wisconsin Investment Board boosted its position in United Parcel Service by 50.0% during 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 buying an additional 239,350 shares during the period. Brookstone Capital Management boosted its position in United Parcel Service by 9.0% during the 2nd quarter. Brookstone Capital Management now owns 55,120 shares of the transportation company’s stock valued at $6,096,000 after buying an additional 4,541 shares during the period. Bank of The Ozarks boosted its position in United Parcel Service by 17.9% during the 1st quarter. Bank of The Ozarks now owns 5,823 shares of the transportation company’s stock valued at $625,000 after buying an additional 886 shares during the period. Wesbanco Bank Inc. boosted its position in United Parcel Service by 9.4% during the 2nd quarter. Wesbanco Bank Inc. now owns 61,892 shares of the transportation company’s stock valued at $6,845,000 after buying an additional 5,325 shares during the period. Finally, Airain ltd purchased a new stake in United Parcel Service during the 1st quarter valued at $762,000. 52.87% of the stock is currently owned by institutional investors.

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In related news, EVP Alan Gershenhorn sold 17,699 shares of United Parcel Service 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.59% of the company’s stock.

Several equities research analysts have weighed in on the stock. UBS AG increased their price target on shares of United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Robert W. Baird reissued a “hold” rating and set a $118.00 price target on shares of United Parcel Service in a research report on Sunday, October 1st. Cowen and Company increased their price target on shares of United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Monday, October 23rd. Stifel Nicolaus increased their price target on shares of United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research report on Friday, October 27th. Finally, BMO Capital Markets increased their price target on shares of United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $119.22.

United Parcel Service, Inc. (NYSE:UPS) opened at $113.23 on Friday. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $121.75. The stock has a market cap of $97,570.00, a PE ratio of 18.92, a P/E/G ratio of 2.03 and a beta of 0.92. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.06 and a current ratio of 1.06.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting 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 company had revenue of $15.98 billion during the quarter, compared to analysts’ expectations of $15.62 billion. During the same period last year, the company posted $1.44 EPS. United Parcel Service’s revenue was up 7.0% on a year-over-year basis. equities analysts anticipate 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 will be paid on Wednesday, November 29th. Investors of record on Monday, November 13th will be given a dividend of $0.83 per share. The ex-dividend date is Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a yield of 2.93%. United Parcel Service’s dividend payout ratio (DPR) is currently 81.57%.

United Parcel Service Company 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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