Dimensional Fund Advisors LP Purchases 49,059 Shares of United Parcel Service, Inc. (UPS)

Dimensional Fund Advisors LP raised its position in United Parcel Service, Inc. (NYSE:UPS) by 2.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,737,670 shares of the transportation company’s stock after acquiring an additional 49,059 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.20% of United Parcel Service worth $192,163,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in United Parcel Service by 0.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock worth $163,000 after acquiring an additional 5 shares during the last quarter. Founders Capital Management lifted its stake in United Parcel Service by 0.3% in the second quarter. Founders Capital Management now owns 5,367 shares of the transportation company’s stock worth $594,000 after acquiring an additional 15 shares during the last quarter. Bollard Group LLC lifted its stake in United Parcel Service by 0.8% in the second quarter. Bollard Group LLC now owns 2,239 shares of the transportation company’s stock worth $248,000 after acquiring an additional 17 shares during the last quarter. Guardian Life Insurance Co. of America lifted its stake in United Parcel Service by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 2,659 shares of the transportation company’s stock worth $285,000 after acquiring an additional 18 shares during the last quarter. Finally, Conservest Capital Advisors Inc. lifted its stake in United Parcel Service by 0.8% in the second quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock worth $322,000 after acquiring an additional 23 shares during the last quarter. Institutional investors own 53.11% of the company’s stock.

In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the business’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total value of $2,019,455.90. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.59% of the company’s stock.

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United Parcel Service, Inc. (UPS) opened at $112.94 on Monday. 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 cap of $97,323.79, a price-to-earnings ratio of 18.89, a price-to-earnings-growth ratio of 2.03 and a beta of 0.92. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $121.75.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.45. The company had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. United Parcel Service’s revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.44 EPS. equities research analysts anticipate that United Parcel Service, Inc. will post 6.01 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $3.32 annualized dividend and a yield of 2.94%. United Parcel Service’s dividend payout ratio is currently 81.37%.

UPS has been the subject of several recent analyst reports. TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a research report on Friday, October 6th. Citigroup Inc. upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $115.00 to $128.00 in a research report on Tuesday, August 8th. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $123.00 price objective (up previously from $116.00) on shares of United Parcel Service in a research report on Wednesday, September 20th. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on shares of United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 price objective for the company. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. United Parcel Service presently has an average rating of “Hold” and an average target price of $120.74.

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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