LS Investment Advisors LLC cut its stake in United Parcel Service, Inc. (NYSE:UPS) by 6.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,265 shares of the transportation company’s stock after selling 1,764 shares during the period. LS Investment Advisors LLC’s holdings in United Parcel Service were worth $2,914,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. BlackRock Inc. lifted its position in United Parcel Service by 2,550.9% during the first quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock valued at $4,834,013,000 after buying an additional 43,351,873 shares in the last quarter. Lazard Asset Management LLC lifted its position in United Parcel Service by 3,875,867.0% during the first quarter. Lazard Asset Management LLC now owns 4,341,083 shares of the transportation company’s stock valued at $465,797,000 after buying an additional 4,340,971 shares in the last quarter. Janus Henderson Group PLC lifted its position in United Parcel Service by 775.8% during the second quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock valued at $305,978,000 after buying an additional 2,450,868 shares in the last quarter. Federated Investors Inc. PA lifted its position in United Parcel Service by 2,005.9% during the second quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock valued at $167,972,000 after buying an additional 1,446,749 shares in the last quarter. Finally, Parametric Portfolio Associates LLC lifted its position in United Parcel Service by 119.6% during the second quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock valued at $288,170,000 after buying an additional 1,419,245 shares in the last quarter. 53.67% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service, Inc. (UPS) traded down $0.17 during midday trading on Friday, hitting $119.56. 3,004,624 shares of the stock were exchanged, compared to its average volume of 2,840,934. United Parcel Service, Inc. has a twelve month low of $102.12 and a twelve month high of $125.16. 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 $103,174.93, a PE ratio of 20.02, a P/E/G ratio of 2.15 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last posted its 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 net margin of 5.58% and a return on equity of 551.29%. The business 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 company posted $1.44 earnings per share. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. equities analysts forecast that United Parcel Service, Inc. will post 6.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th were given a dividend of $0.83 per share. The ex-dividend date was Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.78%. United Parcel Service’s payout ratio is currently 81.37%.

A number of brokerages have weighed in on UPS. BidaskClub raised shares of United Parcel Service from a “strong sell” rating to a “sell” rating in a research report on Friday, August 11th. Credit Suisse Group reaffirmed a “hold” rating and set a $116.00 price target (up from $108.00) on shares of United Parcel Service in a research report on Thursday, October 12th. They noted that the move was a valuation call. Oppenheimer reaffirmed a “buy” rating and set a $123.00 price target on shares of United Parcel Service in a research report on Monday, November 6th. BMO Capital Markets lifted their price target on shares of United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. Finally, J P Morgan Chase & Co lifted their price target on shares of United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. United Parcel Service currently has a consensus rating of “Hold” and a consensus price target of $121.45.

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United Parcel Service 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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