The United Parcel Service, Inc. (UPS) Stake Cut by Smithfield Trust Co.

The United Parcel Service, Inc. (UPS) Stake Cut by Smithfield Trust Co.

Several other large investors have also recently modified their holdings of UPS. Tompkins Financial Corp boosted its stake in shares of United Parcel Service by 8.1% in the first quarter. Tompkins Financial Corp now owns 1,001 shares of the transportation company’s stock worth $106,000 after buying an additional 75 shares during the last quarter. First PREMIER Bank boosted its stake in shares of United Parcel Service by 11.1% in the first quarter. First PREMIER Bank now owns 997 shares of the transportation company’s stock worth $107,000 after buying an additional 100 shares during the last quarter. Lombard Odier & Cie Canada Limited Partnership purchased a new stake in shares of United Parcel Service during the third quarter worth approximately $120,000. SRS Capital Advisors Inc. purchased a new stake in shares of United Parcel Service during the fourth quarter worth approximately $125,000. Finally, Security National Trust Co. boosted its stake in shares of United Parcel Service by 8.9% in the first quarter. Security National Trust Co. now owns 1,244 shares of the transportation company’s stock worth $134,000 after buying an additional 102 shares during the last quarter. 53.19% of the stock is currently owned by institutional investors and hedge funds.

Smithfield Trust Co. decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 0.7% during the first quarter, Holdings Channel reports. The fund owned 8,208 shares of the transportation company’s stock after selling 60 shares during the period. Smithfield Trust Co.’s holdings in United Parcel Service were worth $881,000 as of its most recent SEC filing.

United Parcel Service, Inc. (NYSE UPS) opened at 107.67 on Monday. The stock has a market cap of $93.43 billion, a price-to-earnings ratio of 27.50 and a beta of 0.91. The firm has a 50-day moving average price of $105.81 and a 200-day moving average price of $109.81. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $120.44.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, April 27th. The transportation company reported $1.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.03. The company had revenue of $15.32 billion for the quarter, compared to analyst estimates of $15.19 billion. United Parcel Service had a return on equity of 193.90% and a net margin of 5.63%. United Parcel Service’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.27 earnings per share. On average, equities analysts predict that United Parcel Service, Inc. will post $5.95 earnings per share for the current year.

A number of equities research analysts have recently commented on the stock. Loop Capital reaffirmed a “hold” rating and set a $116.00 price objective (down previously from $124.00) on shares of United Parcel Service in a research note on Tuesday, February 7th. Bank of America Corp cut shares of United Parcel Service from a “buy” rating to a “neutral” rating and set a $114.00 price target on the stock. in a research note on Wednesday, February 22nd. Aegis reissued a “buy” rating on shares of United Parcel Service in a research note on Thursday, February 23rd. Morgan Stanley dropped their price target on shares of United Parcel Service to $77.00 in a research note on Wednesday, February 22nd. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $115.00 price target on shares of United Parcel Service in a research note on Wednesday, February 22nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $114.00. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “UPS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS). Receive News & Ratings for United Parcel Service Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for United Parcel Service Inc. and related companies with MarketBeat.com’s FREE daily email newsletter.

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS).

Related posts

Leave a Comment