Schroder Investment Management Group reduced its position in United Parcel Service, Inc. (NYSE:UPS) by 46.2% in the third quarter, Holdings Channel reports. The institutional investor owned 16,389 shares of the transportation company’s stock after selling 14,046 shares during the period. Schroder Investment Management Group’s holdings in United Parcel Service were worth $1,960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of United Parcel Service in the third quarter worth $120,000. First PREMIER Bank boosted its holdings in shares of United Parcel Service by 5.0% in the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock worth $116,000 after acquiring an additional 50 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of United Parcel Service by 14.1% in the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock worth $137,000 after acquiring an additional 153 shares during the period. Winslow Evans & Crocker Inc. boosted its holdings in shares of United Parcel Service by 261.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after acquiring an additional 899 shares during the period. Finally, Security National Trust Co. boosted its holdings in shares of United Parcel Service by 3.9% in the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock worth $143,000 after acquiring an additional 48 shares during the period. 53.49% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently commented on UPS. Knight Equity reaffirmed a “buy” rating and issued a $135.00 price target (down from $145.00) on shares of United Parcel Service in a report on Monday. Deutsche Bank raised their price target on United Parcel Service from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Monday. UBS Group raised their price target on United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Robert W. Baird reaffirmed a “hold” rating and issued a $118.00 price target on shares of United Parcel Service in a report on Sunday, October 1st. Finally, Cowen raised their price target on United Parcel Service from $115.00 to $124.00 and gave the stock a “market perform” rating in a report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $122.52.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $129.17 on Tuesday. The stock has a market capitalization of $111,310.00, a price-to-earnings ratio of 31.74, a P/E/G ratio of 2.12 and a beta of 0.92. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $129.52. 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 posted its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.45. The company had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company earned $1.44 earnings per share. equities analysts expect that United Parcel Service, Inc. will post 6 EPS for the current fiscal year.

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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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