River Road Asset Management LLC Has $70.86 Million Stake in United Parcel Service, Inc. (UPS)

River Road Asset Management LLC grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 15.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 594,667 shares of the transportation company’s stock after acquiring an additional 77,514 shares during the period. United Parcel Service comprises 1.3% of River Road Asset Management LLC’s holdings, making the stock its 17th largest holding. River Road Asset Management LLC owned about 0.07% of United Parcel Service worth $70,855,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in UPS. Janus Henderson Group PLC raised its stake in United Parcel Service by 775.8% during the second quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock worth $305,978,000 after buying an additional 2,450,868 shares during the last quarter. Lazard Asset Management LLC raised its stake in United Parcel Service by 48.1% during the second 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. Parametric Portfolio Associates LLC raised its stake in United Parcel Service by 119.6% during the second quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock worth $288,170,000 after buying an additional 1,419,245 shares during the last quarter. Vanguard Group Inc. raised its stake in United Parcel Service by 2.7% during the second quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock worth $5,352,884,000 after buying an additional 1,262,293 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in United Parcel Service by 10.6% during the second quarter. Franklin Resources Inc. now owns 5,635,190 shares of the transportation company’s stock worth $623,198,000 after buying an additional 539,620 shares during the last quarter. 53.55% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently weighed in on the stock. Credit Suisse Group reissued a “hold” rating and set a $137.00 target price on shares of United Parcel Service in a research note on Wednesday, January 17th. Robert W. Baird reissued a “hold” rating and set a $130.00 target price on shares of United Parcel Service in a research note on Tuesday, January 9th. Deutsche Bank reissued a “buy” rating and set a $145.00 target price (up previously from $135.00) on shares of United Parcel Service in a research note on Monday, January 8th. Knight Equity reissued a “buy” rating and set a $135.00 target price (down previously from $145.00) on shares of United Parcel Service in a research note on Monday, January 8th. Finally, UBS Group lifted their target price on shares of United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. United Parcel Service has an average rating of “Hold” and a consensus target price of $126.47.

Shares of United Parcel Service, Inc. (UPS) opened at $106.40 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.22 and a debt-to-equity ratio of 19.69. The company has a market cap of $91,690.00, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 1.59 and a beta of 0.91. 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 issued its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.01. The firm had revenue of $18.83 billion during the quarter, compared to analysts’ expectations of $18.20 billion. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The business’s revenue was up 11.2% on a year-over-year basis. During the same period last year, the company earned $1.63 earnings per share. equities analysts predict that United Parcel Service, Inc. will post 7.23 EPS 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 is a boost from United Parcel Service’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend is Friday, February 16th. United Parcel Service’s dividend payout ratio (DPR) is currently 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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