San Francisco Sentry Investment Group CA Decreases Position in United Parcel Service, Inc. (UPS)

San Francisco Sentry Investment Group CA reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.0% during the first quarter, according to its most recent filing with the SEC. The fund owned 4,215 shares of the transportation company’s stock after selling 130 shares during the period. San Francisco Sentry Investment Group CA’s holdings in United Parcel Service were worth $452,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Tompkins Financial Corp boosted its position in United Parcel Service by 8.1% in the first quarter. Tompkins Financial Corp now owns 1,001 shares of the transportation company’s stock valued at $106,000 after buying an additional 75 shares during the period. First PREMIER Bank boosted its position in United Parcel Service by 11.1% in the first quarter. First PREMIER Bank now owns 997 shares of the transportation company’s stock valued at $107,000 after buying an additional 100 shares during the period. Parkside Financial Bank & Trust boosted its position in United Parcel Service by 17.3% in 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. boosted its position in United Parcel Service by 8.9% in 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. Finally, Financial Architects Inc boosted its position in United Parcel Service by 14.3% in 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. 52.90% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service, Inc. (NYSE:UPS) traded up 0.51% during midday trading on Wednesday, hitting $114.76. The stock had a trading volume of 2,196,283 shares. The firm has a 50-day moving average of $111.41 and a 200 day moving average of $107.95. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $120.44. The firm has a market capitalization of $99.38 billion, a P/E ratio of 28.22 and a beta of 0.88.

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th will be given a $0.83 dividend. The ex-dividend date is Thursday, August 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.89%. United Parcel Service’s dividend payout ratio (DPR) is currently 81.57%.

WARNING: This news story was originally published by BBNS and is owned by of BBNS. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://baseballnewssource.com/markets/united-parcel-service-inc-ups-shares-sold-by-san-francisco-sentry-investment-group-ca-updated-updated-updated/1254424.html.

UPS has been the topic of several research analyst reports. Zacks Investment Research cut United Parcel Service from a “hold” rating to a “sell” rating in a report on Monday, July 17th. BidaskClub raised United Parcel Service from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. Credit Suisse Group reissued a “neutral” rating and set a $108.00 price target on shares of United Parcel Service in a report on Tuesday. Citigroup Inc. raised United Parcel Service from a “neutral” rating to a “buy” rating and increased their price target for the company from $115.00 to $128.00 in a report on Tuesday, August 8th. Finally, Cowen and Company reissued a “hold” rating on shares of United Parcel Service in a report on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $114.57.

In other United Parcel Service news, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Kathleen M. Gutmann sold 2,000 shares of the company’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $107.49, for a total transaction of $214,980.00. The disclosure for this sale can be found here. Corporate insiders own 0.59% of the company’s stock.

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)

Receive News & Ratings for United Parcel Service Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Move 50 Games Over .500
Los Angeles Dodgers Move 50 Games Over .500
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury
Chicago Cubs Must Survive Without Willson Contreras
Chicago Cubs Must Survive Without Willson Contreras
Cleveland Indians Acquire Jay Bruce From New York Mets
Cleveland Indians Acquire Jay Bruce From New York Mets
Injury to CC Sabathia Adds to Yankees’ Concerns
Injury to CC Sabathia Adds to Yankees’ Concerns


Leave a Reply

 
© 2006-2017 BBNS.