Jacobs & Co. CA boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 2.3% within the third quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities & Trade Fee. The fund owned 88,055 shares of the transportation firm’s inventory after buying an extra 1,981 shares throughout the quarter. Jacobs & Co. CA’s holdings in United Parcel Service have been price $12,005,000 on the finish of the newest quarter.
Plenty of different institutional buyers and hedge funds additionally just lately added to or lowered their stakes within the enterprise. Cullen Funding Group LTD. grew its stake in shares of United Parcel Service by 0.7% within the first quarter. Cullen Funding Group LTD. now owns 9,921 shares of the transportation firm’s inventory price $1,480,000 after buying an extra 68 shares within the final quarter. Blackston Monetary Advisory Group LLC boosted its holdings in United Parcel Service by 1.4% within the second quarter. Blackston Monetary Advisory Group LLC now owns 5,068 shares of the transportation firm’s inventory valued at $694,000 after buying an extra 69 shares throughout the interval. Versant Capital Administration Inc grew its stake in United Parcel Service by 2.2% throughout the 1st quarter. Versant Capital Administration Inc now owns 3,212 shares of the transportation firm’s inventory price $477,000 after buying an extra 70 shares within the final quarter. Moody Nationwide Financial institution Belief Division elevated its holdings in United Parcel Service by 0.8% throughout the 1st quarter. Moody Nationwide Financial institution Belief Division now owns 9,113 shares of the transportation firm’s inventory price $1,354,000 after buying an extra 71 shares throughout the interval. Lastly, Cornerstone Wealth Administration LLC raised its place in United Parcel Service by 0.9% within the 1st quarter. Cornerstone Wealth Administration LLC now owns 8,538 shares of the transportation firm’s inventory valued at $1,269,000 after buying an extra 73 shares within the final quarter. Hedge funds and different institutional buyers personal 60.26% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Plenty of analysts just lately weighed in on UPS shares. Stephens minimize their goal worth on shares of United Parcel Service from $168.00 to $140.00 and set an “equal weight” score on the inventory in a analysis notice on Wednesday, July twenty fourth. Oppenheimer dropped their worth goal on shares of United Parcel Service from $157.00 to $140.00 and set an “outperform” score on the inventory in a analysis report on Wednesday, July twenty fourth. Evercore ISI lowered their worth goal on shares of United Parcel Service from $157.00 to $145.00 and set an “in-line” score on the inventory in a report on Monday, June twenty fourth. BMO Capital Markets lowered their goal worth on shares of United Parcel Service from $169.00 to $155.00 and set a “market carry out” score for the corporate in a analysis notice on Wednesday, July twenty fourth. Lastly, Barclays minimize their worth goal on United Parcel Service from $145.00 to $120.00 and set an “equal weight” score on the inventory in a analysis notice on Wednesday, July twenty fourth. One analyst has rated the inventory with a promote score, eleven have assigned a maintain score, eight have given a purchase score and two have assigned a robust purchase score to the inventory. In keeping with knowledge from MarketBeat, the corporate presently has a mean score of “Reasonable Purchase” and a mean goal worth of $149.68.
Test Out Our Newest Inventory Evaluation on UPS
United Parcel Service Inventory Efficiency
Shares of UPS opened at $133.02 on Thursday. The corporate’s 50 day easy shifting common is $128.78 and its 200-day easy shifting common is $138.06. United Parcel Service, Inc. has a 12-month low of $123.12 and a 12-month excessive of $163.82. The agency has a market cap of $113.81 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 1.98 and a beta of 0.99. The corporate has a present ratio of 1.25, a fast ratio of 1.25 and a debt-to-equity ratio of 1.18.
United Parcel Service (NYSE:UPS – Get Free Report) final issued its quarterly earnings knowledge on Tuesday, July twenty third. The transportation firm reported $1.79 earnings per share (EPS) for the quarter, lacking the consensus estimate of $1.99 by ($0.20). United Parcel Service had a return on fairness of 35.27% and a web margin of 5.87%. The enterprise had income of $21.82 billion for the quarter, in comparison with analysts’ expectations of $22.17 billion. Throughout the identical interval within the earlier yr, the enterprise posted $2.54 earnings per share. The corporate’s income for the quarter was down 1.1% on a year-over-year foundation. As a bunch, equities analysts predict that United Parcel Service, Inc. will put up 7.43 EPS for the present yr.
United Parcel Service Proclaims Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Thursday, September fifth. Shareholders of file on Monday, August nineteenth have been paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 4.90%. The ex-dividend date was Monday, August nineteenth. United Parcel Service’s dividend payout ratio is presently 94.49%.
Insiders Place Their Bets
In associated information, Director William R. Johnson bought 5,000 shares of the enterprise’s inventory in a transaction dated Thursday, July twenty fifth. The inventory was acquired at a mean worth of $128.61 per share, for a complete transaction of $643,050.00. Following the completion of the acquisition, the director now straight owns 5,160 shares of the corporate’s inventory, valued at $663,627.60. The acquisition was disclosed in a submitting with the SEC, which might be accessed by means of this hyperlink. 0.13% of the inventory is owned by insiders.
United Parcel Service Profile
United Parcel Service, Inc, a package deal supply firm, supplies transportation and supply, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance coverage providers. It operates by means of two segments, U.S. Home Package deal and Worldwide Package deal. The U.S. Home Package deal phase affords time-definite supply of categorical letters, paperwork, small packages, and palletized freight by means of air and floor providers in the USA.
Featured Tales
Need to see what different hedge funds are holding UPS? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS – Free Report).
Obtain Information & Rankings for United Parcel Service Day by day – Enter your e mail tackle under to obtain a concise each day abstract of the most recent information and analysts’ scores for United Parcel Service and associated firms with MarketBeat.com’s FREE each day e mail publication.
