United Parcel Service, Inc. (UPS) Stake Held by Colonial Trust Advisors

Colonial Trust Advisors continued to hold its position in shares of United Parcel Service, Inc. (NYSE:UPS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,417 shares of the transportation company’s stock at the end of the second quarter. Colonial Trust Advisors’ holdings in United Parcel Service were worth $599,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UPS. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its holdings in United Parcel Service by 0.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock valued at $163,000 after buying an additional 5 shares in the last quarter. Founders Capital Management increased its stake in shares of United Parcel Service by 0.3% during the 2nd quarter. Founders Capital Management now owns 5,367 shares of the transportation company’s stock worth $594,000 after purchasing an additional 15 shares in the last quarter. Bollard Group LLC increased its stake in shares of United Parcel Service by 0.8% during the 2nd quarter. Bollard Group LLC now owns 2,239 shares of the transportation company’s stock worth $248,000 after purchasing an additional 17 shares in the last quarter. Guardian Life Insurance Co. of America increased its stake in shares of United Parcel Service by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 2,659 shares of the transportation company’s stock worth $285,000 after purchasing an additional 18 shares in the last quarter. Finally, Conservest Capital Advisors Inc. increased its stake in shares of United Parcel Service by 0.8% during the 2nd quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock worth $322,000 after purchasing an additional 23 shares in the last quarter. 53.11% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently weighed in on UPS. BidaskClub raised shares of United Parcel Service from a “strong sell” rating to a “sell” rating in a research note on Friday, August 11th. Citigroup Inc. raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $115.00 to $128.00 in a research note on Tuesday, August 8th. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $123.00 price objective (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Robert W. Baird reissued a “hold” rating and set a $118.00 price objective on shares of United Parcel Service in a research note on Sunday, October 1st. Finally, Stifel Nicolaus raised their price objective on shares of United Parcel Service from $103.00 to $112.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company’s stock. United Parcel Service presently has a consensus rating of “Hold” and a consensus price target of $120.74.

Shares of United Parcel Service, Inc. (NYSE UPS) traded down $0.61 during mid-day trading on Friday, hitting $113.14. 891,718 shares of the stock were exchanged, compared to its average volume of 2,619,229. United Parcel Service, Inc. has a fifty-two week low of $102.12 and a fifty-two week high of $121.75. The stock has a market cap of $97,496.13, a P/E ratio of 18.92, a PEG ratio of 2.03 and a beta of 0.92. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.06 and a current ratio of 1.06.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.45. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The firm had revenue of $15.98 billion for the quarter, compared to the consensus estimate of $15.62 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. equities analysts forecast that United Parcel Service, Inc. will post 6.01 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Monday, November 13th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Friday, November 10th. United Parcel Service’s dividend payout ratio (DPR) is 81.37%.

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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.

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

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