6,889 Shares in United Parcel Service, Inc. (UPS) Acquired by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd bought a new position in United Parcel Service, Inc. (NYSE:UPS) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 6,889 shares of the transportation company’s stock, valued at approximately $828,000.

Other institutional investors have also recently modified their holdings of the company. DnB Asset Management AS boosted its holdings in United Parcel Service by 0.3% in the second quarter. DnB Asset Management AS now owns 77,203 shares of the transportation company’s stock valued at $8,538,000 after acquiring an additional 200 shares in the last quarter. Xact Kapitalforvaltning AB boosted its holdings in United Parcel Service by 0.3% in the second quarter. Xact Kapitalforvaltning AB now owns 95,203 shares of the transportation company’s stock valued at $10,528,000 after acquiring an additional 263 shares in the last quarter. Trust Co boosted its holdings in United Parcel Service by 14.3% in the first quarter. Trust Co now owns 2,884 shares of the transportation company’s stock valued at $310,000 after acquiring an additional 361 shares in the last quarter. Stillwater Capital Advisors LLC boosted its holdings in United Parcel Service by 2.4% in the second quarter. Stillwater Capital Advisors LLC now owns 101,719 shares of the transportation company’s stock valued at $11,249,000 after acquiring an additional 2,341 shares in the last quarter. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC boosted its holdings in United Parcel Service by 1.2% in the second quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 8,398 shares of the transportation company’s stock valued at $928,000 after acquiring an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 53.49% of the company’s stock.

United Parcel Service, Inc. (UPS) opened at $134.09 on Friday. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $115,550.00, a PE ratio of 32.95, a PEG ratio of 2.12 and a beta of 0.92. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $134.33.

United Parcel Service (NYSE:UPS) last posted its quarterly 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 during the quarter, compared to analyst estimates 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 previous year, the firm earned $1.44 EPS. research analysts expect that United Parcel Service, Inc. will post 6 earnings per share for the current year.

Several research firms recently weighed in on UPS. Robert W. Baird reiterated a “hold” rating and issued a $130.00 price target on shares of United Parcel Service in a report on Tuesday. Knight Equity reiterated a “buy” rating and issued a $135.00 price target (down previously from $145.00) on shares of United Parcel Service in a report on Monday, January 8th. Deutsche Bank reiterated a “buy” rating and issued a $145.00 price target (up previously from $135.00) on shares of United Parcel Service in a report on Monday, January 8th. UBS Group lifted their price target on shares of United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Finally, Cowen lifted their price target on shares of United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $123.09.

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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.

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

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