Swiss National Bank Acquires 21,600 Shares of United Parcel Service, Inc. (UPS)

Swiss National Bank increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,626,077 shares of the transportation company’s stock after acquiring an additional 21,600 shares during the period. Swiss National Bank owned about 303,252.65% of United Parcel Service worth $315,366,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. First PREMIER Bank boosted its position in United Parcel Service by 5.0% in the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after buying an additional 50 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of United Parcel Service in the third quarter worth about $120,000. Winslow Evans & Crocker Inc. raised its stake in shares of United Parcel Service by 261.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after acquiring an additional 899 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of United Parcel Service by 14.1% in the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock worth $137,000 after acquiring an additional 153 shares during the last quarter. Finally, Security National Trust Co. raised its stake in shares of United Parcel Service by 3.9% in the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock worth $143,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 53.49% of the company’s stock.

Shares of United Parcel Service, Inc. (UPS) opened at $118.64 on Monday. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $102,183.95, a P/E ratio of 29.08, a P/E/G ratio of 2.13 and a beta of 0.92. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $125.16.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.45. The business had revenue of $15.98 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.44 earnings per share. analysts predict that United Parcel Service, Inc. will post 6.01 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Monday, November 13th were paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s dividend payout ratio (DPR) is 81.37%.

A number of brokerages have weighed in on UPS. Oppenheimer reaffirmed a “buy” rating and issued a $123.00 target price (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Bank of America reaffirmed a “neutral” rating and issued a $124.00 target price (up from $117.00) on shares of United Parcel Service in a research note on Friday, October 6th. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. BMO Capital Markets boosted their target price on shares of United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th. Finally, Goldman Sachs Group began coverage on shares of United Parcel Service in a research note on Monday, November 13th. They issued a “buy” rating and a $148.00 target price for the company. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $121.45.

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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.

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

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