Schwab Charles Investment Management Inc. lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 1.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,357,079 shares of the transportation company’s stock after buying an additional 36,119 shares during the period. Schwab Charles Investment Management Inc.’s holdings in United Parcel Service were worth $403,152,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. Janus Henderson Group PLC grew its stake in shares of United Parcel Service by 775.8% in the second quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock worth $305,978,000 after purchasing an additional 2,450,868 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of United Parcel Service by 48.1% in the second quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock worth $710,933,000 after purchasing an additional 2,087,477 shares during the last quarter. Federated Investors Inc. PA grew its stake in shares of United Parcel Service by 2,005.9% in the second quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock worth $167,972,000 after purchasing an additional 1,446,749 shares during the last quarter. Parametric Portfolio Associates LLC grew its stake in shares of United Parcel Service by 119.6% in the second quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock worth $288,170,000 after purchasing an additional 1,419,245 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of United Parcel Service by 2.7% in the second quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock worth $5,352,884,000 after purchasing an additional 1,262,293 shares during the last quarter. Hedge funds and other institutional investors own 53.49% of the company’s stock.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $129.79 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33. The firm has a market capitalization of $111,840.00, a P/E ratio of 31.89, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $130.46.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, hitting analysts’ consensus estimates of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same period in the previous year, the firm posted $1.44 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. equities research analysts anticipate that United Parcel Service, Inc. will post 6 earnings per share for the current year.

Several analysts recently issued reports on UPS shares. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a research note on Friday, October 6th. Oppenheimer reissued a “buy” rating and issued a $123.00 target price (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Goldman Sachs Group started coverage on United Parcel Service in a research note on Monday, November 13th. They issued a “buy” rating and a $148.00 target price on the stock. Deutsche Bank raised United Parcel Service from a “hold” rating to a “buy” rating and raised their target price for the stock from $125.00 to $135.00 in a research note on Monday, December 4th. Finally, Knight Equity reaffirmed a “buy” rating and set a $135.00 price objective (down from $145.00) on shares of United Parcel Service in a research report on Monday. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the stock. United Parcel Service has an average rating of “Hold” and a consensus target price of $123.09.

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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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