Sigma Planning Corp Has $2.35 Million Stake in United Parcel Service, Inc. (UPS)

Sigma Planning Corp grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 33.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,717 shares of the transportation company’s stock after buying an additional 4,915 shares during the quarter. Sigma Planning Corp’s holdings in United Parcel Service were worth $2,349,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UPS. SNS Financial Group LLC grew its stake in United Parcel Service by 0.5% in the second quarter. SNS Financial Group LLC now owns 4,417 shares of the transportation company’s stock worth $488,000 after purchasing an additional 24 shares in the last quarter. Riverhead Capital Management LLC grew its stake in United Parcel Service by 0.4% in the second quarter. Riverhead Capital Management LLC now owns 10,870 shares of the transportation company’s stock worth $1,202,000 after purchasing an additional 44 shares in the last quarter. Davidson & Garrard Inc. grew its stake in United Parcel Service by 3.1% in the second quarter. Davidson & Garrard Inc. now owns 1,929 shares of the transportation company’s stock worth $213,000 after purchasing an additional 58 shares in the last quarter. AMG Funds LLC grew its stake in United Parcel Service by 0.4% in the second quarter. AMG Funds LLC now owns 15,594 shares of the transportation company’s stock worth $1,725,000 after purchasing an additional 68 shares in the last quarter. Finally, Flinton Capital Management LLC grew its stake in United Parcel Service by 0.9% in the second quarter. Flinton Capital Management LLC now owns 12,012 shares of the transportation company’s stock worth $1,328,000 after purchasing an additional 112 shares in the last quarter. 53.33% of the stock is currently owned by hedge funds and other institutional investors.

Shares of United Parcel Service, Inc. (UPS) opened at $104.71 on Wednesday. The company has a current ratio of 1.22, a quick ratio of 1.06 and a debt-to-equity ratio of 19.69. The stock has a market capitalization of $90,230.00, a price-to-earnings ratio of 18.66, a price-to-earnings-growth ratio of 1.59 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.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.01. The business had revenue of $18.83 billion for the quarter, compared to analysts’ expectations of $18.20 billion. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The business’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 EPS. equities research analysts forecast that United Parcel Service, Inc. will post 7.23 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 3.48%. The ex-dividend date is Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $0.83. United Parcel Service’s dividend payout ratio is currently 64.88%.

Several research analysts recently issued reports on the company. Edward Jones raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Friday, February 16th. Morgan Stanley increased their price objective on United Parcel Service from $79.00 to $90.00 and gave the stock an “underweight” rating in a research note on Friday, February 2nd. BMO Capital Markets increased their price objective on United Parcel Service to $130.00 and gave the stock a “market perform” rating in a research note on Friday, February 2nd. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “strong-buy” rating and set a $150.00 price objective on the stock in a research note on Thursday, February 1st. Finally, Credit Suisse Group reissued a “hold” rating and issued a $137.00 price objective on shares of United Parcel Service in a research note on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $126.47.

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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.

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

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