United Parcel Service, Inc. (UPS) Shares Sold by Green Square Capital LLC

Green Square Capital LLC lowered its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,007 shares of the transportation company’s stock after selling 2,545 shares during the quarter. United Parcel Service comprises 1.2% of Green Square Capital LLC’s portfolio, making the stock its 21st largest position. Green Square Capital LLC’s holdings in United Parcel Service were worth $6,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cipher Capital LP bought a new stake in United Parcel Service during the first quarter worth about $1,539,000. Capital Wealth Planning LLC boosted its stake in United Parcel Service by 20.9% during the first quarter. Capital Wealth Planning LLC now owns 101,586 shares of the transportation company’s stock worth $10,900,000 after acquiring an additional 17,570 shares in the last quarter. Princeton Capital Management Inc. boosted its stake in United Parcel Service by 3.6% during the first quarter. Princeton Capital Management Inc. now owns 35,783 shares of the transportation company’s stock worth $3,840,000 after acquiring an additional 1,260 shares in the last quarter. Schroder Investment Management Group boosted its stake in United Parcel Service by 421.9% during the first quarter. Schroder Investment Management Group now owns 250,552 shares of the transportation company’s stock worth $26,724,000 after acquiring an additional 202,545 shares in the last quarter. Finally, Dai Ichi Life Insurance Company Ltd boosted its stake in United Parcel Service by 8.9% during the first quarter. Dai Ichi Life Insurance Company Ltd now owns 142,140 shares of the transportation company’s stock worth $15,252,000 after acquiring an additional 11,587 shares in the last quarter. Institutional investors own 53.11% of the company’s stock.

Several research firms recently commented 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. Credit Suisse Group reissued a “hold” rating and set a $116.00 price objective (up previously from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $123.00 price objective on shares of United Parcel Service in a research note on Monday, November 6th. BMO Capital Markets boosted their price objective on shares of United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th. Finally, J P Morgan Chase & Co boosted their price objective on shares of United Parcel Service from $113.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $120.74.

Shares of United Parcel Service, Inc. (NYSE UPS) traded down $0.63 during midday trading on Monday, hitting $113.14. 891,700 shares of the stock traded hands, compared to its average volume of 2,685,245. The company has a market capitalization of $97,496.13, a P/E ratio of 18.92, a PEG ratio of 2.03 and a beta of 0.92. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $121.75. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Monday, November 13th will be given a dividend of $0.83 per share. The ex-dividend date is Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a yield of 2.93%. 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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