BTR Capital Management Inc. boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 9.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,548 shares of the transportation company’s stock after acquiring an additional 1,300 shares during the quarter. BTR Capital Management Inc.’s holdings in United Parcel Service were worth $1,733,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in United Parcel Service in the third quarter valued at approximately $120,000. Security National Trust Co. grew its holdings in 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 valued at $143,000 after purchasing an additional 48 shares during the period. Epstein & White Financial LLC purchased a new stake in United Parcel Service in the fourth quarter valued at approximately $228,000. Brightworth purchased a new stake in United Parcel Service during the third quarter worth approximately $203,000. Finally, First Midwest Bank Trust Division purchased a new stake in United Parcel Service during the third quarter worth approximately $203,000. Hedge funds and other institutional investors own 53.51% of the company’s stock.

United Parcel Service, Inc. (NYSE:UPS) opened at $111.91 on Thursday. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $135.53. The company has a debt-to-equity ratio of 19.69, a quick ratio of 1.06 and a current ratio of 1.22. The company has a market cap of $96,440.00, a price-to-earnings ratio of 19.95, a PEG ratio of 1.69 and a beta of 0.91.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, February 1st. The transportation company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.01. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The business had revenue of $18.83 billion for the quarter, compared to analysts’ expectations of $18.20 billion. During the same period in the previous year, the company posted $1.63 earnings per share. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. research analysts anticipate that United Parcel Service, Inc. will post 7.23 EPS for the current year.

Several equities research analysts have issued reports on the stock. Credit Suisse Group reiterated a “hold” rating and set a $137.00 price objective on shares of United Parcel Service in a research note on Wednesday, January 17th. Goldman Sachs Group assumed coverage on shares of United Parcel Service in a research note on Monday, November 13th. They set a “buy” rating and a $148.00 price objective for the company. BMO Capital Markets boosted their price objective on shares of United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th. Vetr upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 price objective for the company in a research note on Tuesday, December 26th. Finally, Stifel Nicolaus boosted their price objective on shares of United Parcel Service from $103.00 to $112.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $126.14.

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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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