United Parcel Service, Inc. (NYSE:UPS) Shares Bought by Middleton & Co Inc MA

Middleton & Co Inc MA boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 197.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,065 shares of the transportation company’s stock after purchasing an additional 8,015 shares during the period. Middleton & Co Inc MA’s holdings in United Parcel Service were worth $1,449,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in United Parcel Service by 2.7% in the second quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock valued at $5,352,884,000 after purchasing an additional 1,262,293 shares during the last quarter. BlackRock Inc. lifted its holdings in United Parcel Service by 2,550.9% during the 1st quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock worth $4,834,013,000 after buying an additional 43,351,873 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in United Parcel Service by 5.4% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 24,295,470 shares of the transportation company’s stock worth $2,606,905,000 after buying an additional 1,246,981 shares during the last quarter. FMR LLC lifted its holdings in United Parcel Service by 0.5% during the 2nd quarter. FMR LLC now owns 14,357,475 shares of the transportation company’s stock worth $1,587,793,000 after buying an additional 71,666 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in United Parcel Service by 48.1% during the 2nd quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock worth $710,933,000 after buying an additional 2,087,477 shares during the last quarter. 53.49% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service, Inc. (NYSE:UPS) traded up $3.67 on Thursday, reaching $133.46. The company had a trading volume of 4,250,000 shares, compared to its average volume of 3,280,000. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $133.77. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33. The firm has a market cap of $115,010.00, a PE ratio of 32.79, a P/E/G ratio of 2.12 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, meeting the consensus estimate of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same period last year, the firm earned $1.44 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. equities analysts predict that United Parcel Service, Inc. will post 6 EPS for the current fiscal year.

A number of research analysts have commented on the company. Robert W. Baird reaffirmed a “hold” rating and set a $130.00 target price on shares of United Parcel Service in a report on Tuesday. Deutsche Bank reaffirmed a “buy” rating and set a $145.00 target price (up previously from $135.00) on shares of United Parcel Service in a report on Monday. Knight Equity reaffirmed a “buy” rating and set a $135.00 target price (down previously from $145.00) on shares of United Parcel Service in a report on Monday. Vetr upgraded United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 price target on the stock in a research report on Tuesday, December 26th. Finally, Goldman Sachs Group started coverage on United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 price target on the stock. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $123.09.

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About United Parcel Service

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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