Green Square Capital LLC raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 484.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,552 shares of the transportation company’s stock after buying an additional 53,514 shares during the period. United Parcel Service makes up 1.2% of Green Square Capital LLC’s holdings, making the stock its 18th largest position. Green Square Capital LLC’s holdings in United Parcel Service were worth $6,926,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Tompkins Financial Corp increased its position in United Parcel Service by 8.1% in the first quarter. Tompkins Financial Corp now owns 1,001 shares of the transportation company’s stock worth $106,000 after buying an additional 75 shares during the last quarter. Parkside Financial Bank & Trust increased its position in United Parcel Service by 17.3% in the first quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock worth $116,000 after buying an additional 160 shares during the last quarter. Security National Trust Co. increased its position in United Parcel Service by 8.9% in the first quarter. Security National Trust Co. now owns 1,244 shares of the transportation company’s stock worth $134,000 after buying an additional 102 shares during the last quarter. Financial Architects Inc increased its position in United Parcel Service by 14.3% in the first quarter. Financial Architects Inc now owns 1,301 shares of the transportation company’s stock worth $140,000 after buying an additional 163 shares during the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in United Parcel Service by 0.3% in the first quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,477 shares of the transportation company’s stock worth $159,000 after buying an additional 4 shares during the last quarter. 52.90% of the stock is currently owned by institutional investors.

Shares of United Parcel Service, Inc. (NYSE:UPS) traded up 1.39% on Monday, hitting $112.99. The stock had a trading volume of 332,651 shares. The firm has a market cap of $97.85 billion, a PE ratio of 27.78 and a beta of 0.88. The firm’s 50-day moving average price is $111.07 and its 200 day moving average price is $108.07. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week 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 Thomson Reuters’ consensus estimate of $1.46 by $0.12. The business had revenue of $15.75 billion during the quarter, compared to analysts’ expectations of $15.49 billion. United Parcel Service had a return on equity of 417.18% and a net margin of 5.68%. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.43 EPS. On average, equities research analysts predict that United Parcel Service, Inc. will post $6.01 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Monday, August 14th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 2.98%. The ex-dividend date is Thursday, August 10th. United Parcel Service’s payout ratio is currently 81.57%.

COPYRIGHT VIOLATION NOTICE: This report was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this report on another publication, it was illegally copied and republished in violation of U.S. and international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/united-parcel-service-inc-nyseups-shares-bought-by-green-square-capital-llc/1487062.html.

A number of research firms have recently issued reports on UPS. Zacks Investment Research downgraded United Parcel Service from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. BidaskClub downgraded United Parcel Service from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Citigroup Inc. raised United Parcel Service from a “neutral” rating to a “buy” rating and increased their price target for the stock from $115.00 to $128.00 in a research report on Tuesday, August 8th. Cowen and Company reissued a “hold” rating on shares of United Parcel Service in a research report on Wednesday, July 19th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $127.00 price target on shares of United Parcel Service in a research report on Monday, July 3rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $114.79.

In other news, insider James J. Barber sold 3,556 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $110.85, for a total value of $394,182.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Kathleen M. Gutmann sold 2,000 shares of the business’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $107.49, for a total value of $214,980.00. The disclosure for this sale can be found here. 0.59% of the stock is currently owned by insiders.

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.

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS).

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

Receive News & Ratings for United Parcel Service Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.