Sarasin & Partners LLP Has $42.09 Million Position in United Parcel Service, Inc. (UPS)

Sarasin & Partners LLP decreased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.7% during the 4th quarter, HoldingsChannel reports. The fund owned 353,226 shares of the transportation company’s stock after selling 6,109 shares during the period. Sarasin & Partners LLP’s holdings in United Parcel Service were worth $42,087,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UPS. Vanguard Group Inc. boosted its position 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 buying an additional 1,262,293 shares in the last quarter. FMR LLC boosted its position in United Parcel Service by 0.5% in the second quarter. FMR LLC now owns 14,357,475 shares of the transportation company’s stock valued at $1,587,793,000 after buying an additional 71,666 shares in the last quarter. Lazard Asset Management LLC boosted its position in United Parcel Service by 48.1% in the second quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock valued at $710,933,000 after buying an additional 2,087,477 shares in the last quarter. Franklin Resources Inc. boosted its position in United Parcel Service by 10.6% in the second quarter. Franklin Resources Inc. now owns 5,635,190 shares of the transportation company’s stock valued at $623,198,000 after buying an additional 539,620 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in United Parcel Service by 3.0% in the third quarter. Legal & General Group Plc now owns 4,016,959 shares of the transportation company’s stock valued at $482,280,000 after buying an additional 118,403 shares in the last quarter. Institutional investors and hedge funds own 53.55% of the company’s stock.

UPS has been the topic of a number of research analyst reports. Cowen raised their target price on shares of United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Monday, October 23rd. Stifel Nicolaus raised their target price on shares of United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research report on Friday, October 27th. BMO Capital Markets raised their target price on shares of United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. Loop Capital raised their target price on shares of United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 27th. Finally, UBS Group raised their target price on shares of United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $126.47.

United Parcel Service, Inc. (NYSE UPS) opened at $106.40 on Friday. The stock has a market cap of $91,690.00, a price-to-earnings ratio of 18.97, a PEG ratio of 1.62 and a beta of 0.91. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $135.53. The company has a debt-to-equity ratio of 19.69, a quick ratio of 1.06 and a current ratio of 1.22.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.66 by $0.01. The firm had revenue of $18.83 billion during the quarter, compared to the consensus estimate of $18.20 billion. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.63 earnings per share. sell-side analysts forecast that United Parcel Service, Inc. will post 7.23 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th will be paid a dividend of $0.91 per share. The ex-dividend date is Friday, February 16th. This represents a $3.64 annualized dividend and a dividend yield of 3.42%. This is an increase from United Parcel Service’s previous quarterly dividend of $0.83. United Parcel Service’s dividend payout ratio (DPR) is presently 59.18%.

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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.

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

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