Obermeyer Wooden Funding Counsel Lllp boosted its holdings in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 7.3% within the 2nd quarter, HoldingsChannel.com studies. The agency owned 2,124 shares of the transportation firm’s inventory after buying a further 145 shares in the course of the interval. Obermeyer Wooden Funding Counsel Lllp’s holdings in United Parcel Service have been value $291,000 on the finish of the latest quarter.
Various different institutional traders and hedge funds have additionally lately modified their holdings of the inventory. Vanguard Group Inc. grew its holdings in United Parcel Service by 0.3% within the 4th quarter. Vanguard Group Inc. now owns 67,218,714 shares of the transportation firm’s inventory value $10,568,798,000 after buying a further 178,394 shares over the last quarter. Wellington Administration Group LLP elevated its holdings in United Parcel Service by 87.6% in the course of the 4th quarter. Wellington Administration Group LLP now owns 18,152,900 shares of the transportation firm’s inventory valued at $2,854,180,000 after buying a further 8,475,698 shares in the course of the interval. Franklin Assets Inc. raised its place in United Parcel Service by 11.4% in the course of the 4th quarter. Franklin Assets Inc. now owns 9,607,055 shares of the transportation firm’s inventory valued at $1,510,517,000 after buying a further 980,317 shares over the last quarter. Norges Financial institution bought a brand new stake in United Parcel Service within the 4th quarter value roughly $1,128,322,000. Lastly, Clearbridge Investments LLC grew its place in shares of United Parcel Service by 6.5% within the 1st quarter. Clearbridge Investments LLC now owns 6,671,306 shares of the transportation firm’s inventory value $991,556,000 after shopping for a further 406,248 shares over the last quarter. 60.26% of the inventory is owned by institutional traders.
United Parcel Service Buying and selling Up 1.2 %
United Parcel Service inventory opened at $128.55 on Monday. The corporate has a fast ratio of 1.25, a present ratio of 1.25 and a debt-to-equity ratio of 1.18. United Parcel Service, Inc. has a 52-week low of $123.12 and a 52-week excessive of $172.75. The corporate has a market cap of $110.11 billion, a P/E ratio of 18.63, a P/E/G ratio of 1.89 and a beta of 0.98. The enterprise has a 50-day easy transferring common of $132.47 and a two-hundred day easy transferring common of $141.28.
United Parcel Service (NYSE:UPS – Get Free Report) final launched its earnings outcomes on Tuesday, July twenty third. The transportation firm reported $1.79 earnings per share for the quarter, lacking analysts’ consensus estimates of $1.99 by ($0.20). The agency had income of $21.82 billion for the quarter, in comparison with analysts’ expectations of $22.17 billion. United Parcel Service had a internet margin of 5.87% and a return on fairness of 35.27%. The agency’s quarterly income was down 1.1% in comparison with the identical quarter final yr. Throughout the identical quarter final yr, the agency posted $2.54 EPS. Analysts predict that United Parcel Service, Inc. will submit 7.43 EPS for the present yr.
United Parcel Service Dividend Announcement
The enterprise additionally lately introduced a quarterly dividend, which can be paid on Thursday, September fifth. Buyers of file on Monday, August nineteenth can be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, August nineteenth. This represents a $6.52 annualized dividend and a yield of 5.07%. United Parcel Service’s payout ratio is 94.49%.
Analyst Rankings Modifications
UPS has been the topic of a lot of analysis analyst studies. Susquehanna dropped their worth goal on United Parcel Service from $160.00 to $135.00 and set a “impartial” score for the corporate in a analysis notice on Wednesday, July twenty fourth. Baird R W upgraded shares of United Parcel Service to a “strong-buy” score in a analysis report on Wednesday, July twenty fourth. Wells Fargo & Firm lower their worth goal on United Parcel Service from $156.00 to $134.00 and set an “obese” score on the inventory in a analysis report on Wednesday, July twenty fourth. Financial institution of America decreased their goal worth on United Parcel Service from $160.00 to $158.00 and set a “impartial” score for the corporate in a analysis report on Monday, July twenty second. Lastly, Oppenheimer decreased their worth goal on United Parcel Service from $157.00 to $140.00 and set an “outperform” score on the inventory in a analysis notice on Wednesday, July twenty fourth. One funding analyst has rated the inventory with a promote score, eleven have issued a maintain score, 9 have issued a purchase score and two have issued a robust purchase score to the corporate. Primarily based on knowledge from MarketBeat, the corporate at present has a consensus score of “Average Purchase” and a median goal worth of $151.20.
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Insiders Place Their Bets
In different information, Director William R. Johnson acquired 5,000 shares of the enterprise’s inventory in a transaction dated Thursday, July twenty fifth. The inventory was bought at a median worth of $128.61 per share, for a complete transaction of $643,050.00. Following the completion of the transaction, the director now straight owns 5,160 shares within the firm, valued at roughly $663,627.60. The acquisition was disclosed in a submitting with the SEC, which is offered by means of this hyperlink. Company insiders personal 0.13% of the corporate’s inventory.
About United Parcel Service
United Parcel Service, Inc, a bundle supply firm, offers transportation and supply, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance coverage companies. It operates by means of two segments, U.S. Home Bundle and Worldwide Bundle. The U.S. Home Bundle phase presents time-definite supply of categorical letters, paperwork, small packages, and palletized freight by means of air and floor companies in the US.
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