United Parcel Service, Inc. (UPS) Shares Bought by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 54.2% during the 3rd quarter, Holdings Channel reports. The firm owned 12,662 shares of the transportation company’s stock after buying an additional 4,450 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in United Parcel Service were worth $1,521,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. First PREMIER Bank grew its stake in United Parcel Service by 5.0% during the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 50 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in United Parcel Service during the 3rd quarter valued at about $120,000. Parkside Financial Bank & Trust grew its stake in United Parcel Service by 14.1% during the 2nd 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 during the last quarter. Winslow Evans & Crocker Inc. grew its stake in United Parcel Service by 261.3% during the 2nd 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 during the last quarter. Finally, Security National Trust Co. grew its stake in United Parcel Service by 3.9% during the 2nd 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 last quarter. Institutional investors and hedge funds own 53.49% of the company’s stock.

A number of analysts have recently commented on UPS shares. Zacks Investment Research downgraded United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Goldman Sachs Group started coverage on United Parcel Service in a research note on Monday, November 13th. They issued a “buy” rating and a $148.00 target price on the stock. Cowen restated a “hold” rating on shares of United Parcel Service in a research note on Tuesday, September 26th. Vetr upgraded United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 target price on the stock in a research note on Tuesday, December 26th. Finally, Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and upped their target price for the stock from $125.00 to $135.00 in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $121.39.

United Parcel Service, Inc. (NYSE:UPS) opened at $127.62 on Monday. The firm has a market capitalization of $109,970.00, a PE ratio of 31.36, a P/E/G ratio of 2.14 and a beta of 0.92. United Parcel Service, Inc. has a fifty-two week low of $102.12 and a fifty-two week high of $128.95. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.45. The company had revenue of $15.98 billion during the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. United Parcel Service’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.44 EPS. analysts forecast that United Parcel Service, Inc. will post 6 earnings per share for the current fiscal year.

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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.

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

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