Dean Investment Associates LLC boosted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.3% during the first quarter, Holdings Channel reports. The firm owned 10,513 shares of the transportation company’s stock after buying an additional 809 shares during the period. Dean Investment Associates LLC’s holdings in United Parcel Service were worth $1,128,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of UPS. KLCM Advisors Inc. purchased a new stake in shares of United Parcel Service during the first quarter valued at about $200,000. Clifford Swan Investment Counsel LLC increased its stake in shares of United Parcel Service by 0.4% in the first quarter. Clifford Swan Investment Counsel LLC now owns 450,919 shares of the transportation company’s stock valued at $48,384,000 after buying an additional 1,666 shares during the period. Tiedemann Wealth Management LLC increased its stake in shares of United Parcel Service by 617.9% in the first quarter. Tiedemann Wealth Management LLC now owns 20,468 shares of the transportation company’s stock valued at $2,196,000 after buying an additional 17,617 shares during the period. South State Corp increased its stake in shares of United Parcel Service by 5.1% in the first quarter. South State Corp now owns 40,387 shares of the transportation company’s stock valued at $4,334,000 after buying an additional 1,952 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of United Parcel Service by 3.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 40,547 shares of the transportation company’s stock valued at $4,350,000 after buying an additional 1,198 shares during the period. Institutional investors and hedge funds own 53.25% of the company’s stock.

Shares of United Parcel Service, Inc. (UPS) opened at 112.41 on Monday. The stock has a 50 day moving average of $107.27 and a 200-day moving average of $108.93. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $120.44. The firm has a market capitalization of $97.55 billion, a P/E ratio of 28.71 and a beta of 0.88.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Thursday, April 27th. The transportation company reported $1.32 EPS for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.03. The company had revenue of $15.32 billion for the quarter, compared to analysts’ expectations of $15.19 billion. United Parcel Service had a net margin of 5.60% and a return on equity of 320.39%. United Parcel Service’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.27 EPS. Equities analysts expect that United Parcel Service, Inc. will post $5.95 earnings per share for the current fiscal year.

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Several equities research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $127.00 target price on shares of United Parcel Service in a research note on Monday, July 3rd. BidaskClub upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Seaport Global Securities assumed coverage on shares of United Parcel Service in a research note on Tuesday, June 6th. They issued a “neutral” rating for the company. Finally, Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $116.00 target price on shares of United Parcel Service in a research note on Friday, May 19th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company’s stock. United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $114.57.

In related news, SVP Kathleen M. Gutmann sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $107.49, for a total transaction of $214,980.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.59% of the company’s stock.

About United Parcel Service

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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