Wealthcare Advisory Partners LLC Invests $716,000 in United Parcel Service, Inc. (UPS) Stock

Wealthcare Advisory Partners LLC acquired a new position in United Parcel Service, Inc. (NYSE:UPS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,966 shares of the transportation company’s stock, valued at approximately $716,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in UPS. Janus Henderson Group PLC increased its holdings in United Parcel Service by 775.8% in the 2nd quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock worth $305,978,000 after acquiring an additional 2,450,868 shares during the last quarter. Lazard Asset Management LLC increased its holdings in United Parcel Service by 48.1% in the 2nd quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock worth $710,933,000 after acquiring an additional 2,087,477 shares during the last quarter. Federated Investors Inc. PA increased its holdings in United Parcel Service by 2,005.9% in the 2nd quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock worth $167,972,000 after acquiring an additional 1,446,749 shares during the last quarter. Parametric Portfolio Associates LLC increased its holdings in United Parcel Service by 119.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock worth $288,170,000 after acquiring an additional 1,419,245 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in United Parcel Service by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock worth $5,352,884,000 after acquiring an additional 1,262,293 shares during the last quarter. 53.50% of the stock is owned by institutional investors.

United Parcel Service, Inc. (NYSE UPS) opened at $133.08 on Friday. 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 capitalization of $115,118.51, a PE ratio of 32.62, a price-to-earnings-growth ratio of 2.08 and a beta of 0.92. United Parcel Service, Inc. has a twelve month low of $102.12 and a twelve month high of $135.53.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The business had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same quarter in the previous year, the firm earned $1.44 EPS. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. equities research analysts expect that United Parcel Service, Inc. will post 5.99 earnings per share for the current fiscal year.

Several brokerages recently weighed in on UPS. Credit Suisse Group reissued a “hold” rating and issued a $137.00 price objective on shares of United Parcel Service in a report on Wednesday. Bank of America reissued a “neutral” rating and issued a $124.00 price objective (up previously from $117.00) on shares of United Parcel Service in a report on Friday, October 6th. Zacks Investment Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. BMO Capital Markets lifted their target price on United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a report on Friday, October 27th. Finally, Goldman Sachs Group began coverage on United Parcel Service in a report on Monday, November 13th. They set a “buy” rating and a $148.00 target price for the company. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $124.09.

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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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