LVM Capital Management Ltd. MI lessened its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 10.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,906 shares of the transportation company’s stock after selling 334 shares during the quarter. LVM Capital Management Ltd. MI’s holdings in United Parcel Service were worth $321,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of The Ozarks increased its holdings in United Parcel Service by 17.9% in the 1st quarter. Bank of The Ozarks now owns 5,823 shares of the transportation company’s stock valued at $625,000 after purchasing an additional 886 shares during the last quarter. Honeywell International Inc. increased its holdings in United Parcel Service by 108.6% in the 1st quarter. Honeywell International Inc. now owns 402,600 shares of the transportation company’s stock valued at $43,199,000 after purchasing an additional 209,600 shares during the last quarter. Airain ltd acquired a new stake in United Parcel Service in the 1st quarter valued at approximately $762,000. Vanguard Group Inc. increased its holdings in United Parcel Service by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 47,140,675 shares of the transportation company’s stock valued at $5,058,196,000 after purchasing an additional 1,030,326 shares during the last quarter. Finally, Bragg Financial Advisors Inc increased its holdings in United Parcel Service by 374.8% in the 1st quarter. Bragg Financial Advisors Inc now owns 30,853 shares of the transportation company’s stock valued at $657,000 after purchasing an additional 24,355 shares during the last quarter. 52.86% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service, Inc. (NYSE UPS) traded up 0.40% during trading on Friday, hitting $120.09. 2,445,796 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $114.04 and its 200 day moving average price is $109.26. The stock has a market cap of $103.99 billion, a P/E ratio of 29.53 and a beta of 0.88. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $120.44.

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

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Several research firms recently weighed in on UPS. Cowen and Company reiterated a “hold” rating on shares of United Parcel Service in a report on Tuesday. Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $123.00 target price (up previously from $116.00) on shares of United Parcel Service in a report on Wednesday, September 20th. Robert W. Baird reiterated a “hold” rating and issued a $118.00 target price on shares of United Parcel Service in a report on Friday, August 25th. Credit Suisse Group reiterated a “neutral” rating and issued a $108.00 target price on shares of United Parcel Service in a report on Tuesday, August 15th. Finally, BidaskClub upgraded shares of United Parcel Service from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $115.27.

In other news, insider James J. Barber sold 3,556 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Alan Gershenhorn sold 17,699 shares of the stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total transaction of $2,019,455.90. The disclosure for this sale can be found here. 0.59% of the stock is owned by corporate insiders.

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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