United Parcel Service, Inc. (UPS) Holdings Cut by Hamilton Point Investment Advisors LLC

Hamilton Point Investment Advisors LLC cut its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,267 shares of the transportation company’s stock after selling 185 shares during the quarter. Hamilton Point Investment Advisors LLC’s holdings in United Parcel Service were worth $1,745,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Parkside Financial Bank & Trust increased its holdings in United Parcel Service by 17.3% during the first quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock valued at $116,000 after buying an additional 160 shares during the period. Security National Trust Co. increased its holdings in United Parcel Service by 8.9% during the first quarter. Security National Trust Co. now owns 1,244 shares of the transportation company’s stock valued at $134,000 after buying an additional 102 shares during the period. Financial Architects Inc increased its holdings in United Parcel Service by 14.3% during the first quarter. Financial Architects Inc now owns 1,301 shares of the transportation company’s stock valued at $140,000 after buying an additional 163 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its holdings in United Parcel Service by 0.3% in the first quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,477 shares of the transportation company’s stock worth $159,000 after purchasing an additional 4 shares during the last quarter. Finally, Twin Tree Management LP grew its holdings in United Parcel Service by 160.1% in the first quarter. Twin Tree Management LP now owns 1,558 shares of the transportation company’s stock worth $167,000 after purchasing an additional 4,149 shares during the last quarter. 52.94% of the stock is currently owned by institutional investors and hedge funds.

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UPS has been the topic of several analyst reports. Zacks Investment Research lowered shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Monday, July 17th. BidaskClub raised shares of United Parcel Service from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $127.00 price target on shares of United Parcel Service in a report on Monday, July 3rd. Citigroup Inc. upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $115.00 to $128.00 in a research note on Tuesday, August 8th. Finally, TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b” rating in a research note on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. United Parcel Service presently has an average rating of “Hold” and an average target price of $114.80.

In other news, EVP Alan Gershenhorn sold 17,699 shares of the company’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total value of $2,019,455.90. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider James J. Barber sold 3,556 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The disclosure for this sale can be found here. 0.59% of the stock is currently owned by corporate insiders.

United Parcel Service, Inc. (NYSE UPS) traded up 0.26% on Friday, reaching $117.69. 1,448,517 shares of the company were exchanged. The stock has a market capitalization of $101.92 billion, a price-to-earnings ratio of 28.94 and a beta of 0.88. The stock has a 50-day moving average price of $113.33 and a 200 day moving average price of $108.98. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $120.44.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.12. United Parcel Service had a net margin of 5.68% and a return on equity of 417.18%. The company had revenue of $15.75 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same period in the prior year, the firm earned $1.43 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Analysts forecast that United Parcel Service, Inc. will post $6.01 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th were paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend was Thursday, August 10th. United Parcel Service’s dividend payout ratio is presently 81.57%.

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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