United Parcel Service, Inc. (UPS) Holdings Boosted by Tirschwell & Loewy Inc.

Tirschwell & Loewy Inc. grew its holdings in United Parcel Service, Inc. (NYSE:UPS) by 8.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 75,550 shares of the transportation company’s stock after purchasing an additional 5,850 shares during the quarter. Tirschwell & Loewy Inc.’s holdings in United Parcel Service were worth $8,026,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Segall Bryant & Hamill LLC increased its holdings in United Parcel Service by 0.6% in the first quarter. Segall Bryant & Hamill LLC now owns 69,630 shares of the transportation company’s stock valued at $7,287,000 after purchasing an additional 439 shares during the last quarter. Granite Springs Asset Management LLC increased its holdings in United Parcel Service by 28.3% in the first quarter. Granite Springs Asset Management LLC now owns 2,273 shares of the transportation company’s stock valued at $238,000 after purchasing an additional 502 shares during the last quarter. Secrest Blakey & Associates LLC increased its holdings in United Parcel Service by 3.6% in the second quarter. Secrest Blakey & Associates LLC now owns 14,655 shares of the transportation company’s stock valued at $1,557,000 after purchasing an additional 507 shares during the last quarter. Fisher Asset Management LLC increased its holdings in United Parcel Service by 1.2% in the second quarter. Fisher Asset Management LLC now owns 43,033 shares of the transportation company’s stock valued at $4,571,000 after purchasing an additional 511 shares during the last quarter. Finally, Lathrop Investment Management Corp increased its holdings in United Parcel Service by 0.5% in the second quarter. Lathrop Investment Management Corp now owns 112,667 shares of the transportation company’s stock valued at $11,969,000 after purchasing an additional 517 shares during the last quarter. 53.53% of the stock is currently owned by institutional investors.

In other United Parcel Service news, SVP Kathleen M. Gutmann sold 1,700 shares of the stock in a transaction dated Tuesday, July 31st. The stock was sold at an average price of $119.92, for a total value of $203,864.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is owned by corporate insiders.

A number of research firms recently commented on UPS. Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a report on Friday, August 3rd. Cowen reiterated a “hold” rating and issued a $128.00 price objective on shares of United Parcel Service in a report on Thursday, July 26th. Credit Suisse Group upped their price objective on United Parcel Service from $114.00 to $119.00 and gave the company a “neutral” rating in a report on Thursday, July 26th. Morgan Stanley upped their price objective on United Parcel Service from $90.00 to $92.00 and gave the company an “underweight” rating in a report on Thursday, July 26th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $125.00 price objective on shares of United Parcel Service in a report on Thursday, July 26th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $122.99.

Shares of United Parcel Service opened at $119.27 on Friday, MarketBeat Ratings reports. United Parcel Service, Inc. has a 1 year low of $101.45 and a 1 year high of $135.53. The stock has a market capitalization of $103.99 billion, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 1.80 and a beta of 1.14. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 8.54.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Wednesday, July 25th. The transportation company reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.01. United Parcel Service had a return on equity of 364.89% and a net margin of 7.49%. The company had revenue of $17.46 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the prior year, the company earned $1.58 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. research analysts predict that United Parcel Service, Inc. will post 7.26 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 5th. Shareholders of record on Monday, August 20th will be issued a $0.91 dividend. The ex-dividend date is Friday, August 17th. This represents a $3.64 annualized dividend and a dividend yield of 3.05%. United Parcel Service’s dividend payout ratio (DPR) is currently 60.57%.

United Parcel Service Profile

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

Further Reading: Market Capitalization, Large-Caps, Mid-Caps, Small-Caps

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

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