Donald L. Hagan LLC Lowers Position in United Parcel Service, Inc. (UPS)

Donald L. Hagan LLC decreased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.3% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 141,615 shares of the transportation company’s stock after selling 470 shares during the quarter. United Parcel Service makes up 15.5% of Donald L. Hagan LLC’s holdings, making the stock its largest holding. Donald L. Hagan LLC’s holdings in United Parcel Service were worth $17,007,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UPS. BlackRock Inc. lifted its stake in United Parcel Service by 2,550.9% in the 1st quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock worth $4,834,013,000 after purchasing an additional 43,351,873 shares in the last quarter. Lazard Asset Management LLC lifted its stake in United Parcel Service by 3,875,867.0% in the 1st quarter. Lazard Asset Management LLC now owns 4,341,083 shares of the transportation company’s stock worth $465,797,000 after purchasing an additional 4,340,971 shares in the last quarter. Janus Henderson Group PLC lifted its stake in United Parcel Service by 775.8% in the 2nd quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock worth $305,978,000 after purchasing an additional 2,450,868 shares in the last quarter. Federated Investors Inc. PA lifted its stake in United Parcel Service by 2,005.9% in the 2nd quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock worth $167,972,000 after purchasing an additional 1,446,749 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in shares of United Parcel Service by 119.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock valued at $288,170,000 after buying an additional 1,419,245 shares in the last quarter. Institutional investors own 53.67% of the company’s stock.

Shares of United Parcel Service, Inc. (UPS) traded down $0.17 during trading hours on Monday, reaching $119.56. 3,030,400 shares of the company traded hands, compared to its average volume of 2,723,366. The company has a market cap of $102,981.04, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 2.15 and a beta of 0.92. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $125.16. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, meeting the consensus estimate of $1.45. The company 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 firm’s revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.44 EPS. analysts predict 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 was paid on Wednesday, November 29th. Investors of record on Monday, November 13th were issued a dividend of $0.83 per share. The ex-dividend date of this dividend was Friday, November 10th. This represents a $3.32 annualized dividend and a yield of 2.78%. United Parcel Service’s payout ratio is 81.37%.

Several analysts have recently issued reports on UPS shares. Zacks Investment Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a research report on Friday, October 6th. Goldman Sachs Group started coverage on shares of United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 target price on the stock. Robert W. Baird restated a “hold” rating and set a $118.00 target price on shares of United Parcel Service in a research report on Friday, August 25th. Cowen restated a “hold” rating on shares of United Parcel Service in a research report on Tuesday, September 26th. Finally, J P Morgan Chase & Co upped their target price on shares of United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. United Parcel Service currently has a consensus rating of “Hold” and an average target price of $121.45.

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United Parcel Service 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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