Miller Howard Investments Inc. NY trimmed its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 517,695 shares of the transportation company’s stock after selling 16,197 shares during the period. Miller Howard Investments Inc. NY owned approximately 0.06% of United Parcel Service worth $62,170,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of UPS. First PREMIER Bank raised its position in United Parcel Service by 5.0% during the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after buying an additional 50 shares during the period. Winslow Evans & Crocker Inc. grew its stake in 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 valued at $137,000 after purchasing an additional 899 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in 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 valued at $137,000 after purchasing an additional 153 shares in the last quarter. Security National Trust Co. grew its stake 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 in the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its stake in United Parcel Service by 0.3% in the second 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 in the last quarter. 53.67% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have commented on UPS shares. Robert W. Baird restated a “hold” rating and issued a $118.00 target price on shares of United Parcel Service in a research note on Friday, August 25th. Oppenheimer restated a “buy” rating and issued a $123.00 target price (up previously from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Cowen restated a “hold” rating on shares of United Parcel Service in a research note on Tuesday, September 26th. Zacks Investment Research downgraded United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, Bank of America restated a “neutral” rating and issued a $124.00 target price (up previously from $117.00) on shares of United Parcel Service in a research note on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the stock. United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $121.45.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $118.81 on Tuesday. The stock has a market capitalization of $101,684.14, a PE ratio of 19.73, a PEG 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 $125.16. 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 announced its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, meeting the consensus estimate 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 during the quarter, compared to the consensus estimate of $15.62 billion. During the same quarter in the prior year, the company earned $1.44 EPS. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. research analysts expect that United Parcel Service, Inc. will post 6.01 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Monday, November 13th were paid a dividend of $0.83 per share. The ex-dividend date of this dividend was Friday, November 10th. This represents a $3.32 annualized dividend and a yield of 2.79%. United Parcel Service’s payout ratio is 81.37%.

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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.

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

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