CapWealth Advisors LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 1.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 68,729 shares of the transportation company’s stock after buying an additional 710 shares during the quarter. United Parcel Service accounts for approximately 1.6% of CapWealth Advisors LLC’s holdings, making the stock its 25th biggest position. CapWealth Advisors LLC’s holdings in United Parcel Service were worth $8,254,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of United Parcel Service during the 3rd quarter valued at about $120,000. Winslow Evans & Crocker Inc. grew its stake in shares of United Parcel Service by 261.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 899 shares during the period. Security National Trust Co. grew its stake in shares of United Parcel Service by 3.9% during the 2nd quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 48 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its stake in shares of United Parcel Service by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock valued at $163,000 after purchasing an additional 5 shares during the period. Finally, Webster Bank N. A. grew its stake in shares of United Parcel Service by 127.8% during the 2nd quarter. Webster Bank N. A. now owns 1,581 shares of the transportation company’s stock valued at $175,000 after purchasing an additional 887 shares during the period. 53.49% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on the company. Robert W. Baird restated a “hold” rating and set a $130.00 price target on shares of United Parcel Service in a research note on Tuesday, January 9th. Credit Suisse Group restated a “hold” rating and set a $116.00 price target (up from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Oppenheimer restated a “buy” rating and set a $123.00 price target on shares of United Parcel Service in a research note on Monday, November 6th. BMO Capital Markets boosted their price target on United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Finally, JPMorgan Chase & Co. boosted their price target on United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $123.09.

United Parcel Service, Inc. (NYSE UPS) opened at $134.09 on Friday. The stock has a market capitalization of $115,550.00, a P/E ratio of 32.95, a P/E/G ratio of 2.17 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, Inc. has a 52 week low of $102.12 and a 52 week high of $134.33.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.45. The company had revenue of $15.98 billion during the quarter, compared to the consensus estimate 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 revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.44 EPS. research analysts predict that United Parcel Service, Inc. will post 6 earnings per share for the current 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.

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

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