Quotient Investors LLC maintained its position in shares of United Parcel Service, Inc. (NYSE:UPS) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,100 shares of the transportation company’s stock at the end of the second quarter. Quotient Investors LLC’s holdings in United Parcel Service were worth $547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. V Wealth Management LLC purchased a new position in shares of United Parcel Service during the second quarter worth approximately $102,000. Tompkins Financial Corp boosted its position in shares of United Parcel Service by 8.1% in the first quarter. Tompkins Financial Corp now owns 1,001 shares of the transportation company’s stock worth $106,000 after buying an additional 75 shares during the last quarter. First PREMIER Bank boosted its position in shares of United Parcel Service by 11.1% in the first quarter. First PREMIER Bank now owns 997 shares of the transportation company’s stock worth $107,000 after buying an additional 100 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of United Parcel Service by 17.3% in the first quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock worth $116,000 after buying an additional 160 shares during the last quarter. Finally, Ullmann Financial Group Inc. purchased a new position in shares of United Parcel Service during the first quarter worth approximately $126,000. Institutional investors own 53.10% of the company’s stock.

United Parcel Service, Inc. (NYSE:UPS) traded up 0.47% during mid-day trading on Friday, reaching $111.44. The company had a trading volume of 2,077,867 shares. The firm has a 50-day moving average price of $111.07 and a 200 day moving average price of $108.07. The firm has a market capitalization of $96.50 billion, a price-to-earnings ratio of 27.40 and a beta of 0.88. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $120.44.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, July 27th. The transportation company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.12. The business had revenue of $15.75 billion during the quarter, compared to the consensus estimate of $15.49 billion. United Parcel Service had a net margin of 5.68% and a return on equity of 417.18%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.43 earnings per share. Analysts expect that United Parcel Service, Inc. will post $6.01 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend is Thursday, August 10th. United Parcel Service’s dividend payout ratio is presently 81.57%.

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UPS has been the subject of a number of research reports. TheStreet upgraded United Parcel Service from a “c” rating to a “b” rating in a research note on Thursday, July 27th. Citigroup Inc. upgraded United Parcel Service from a “neutral” rating to a “buy” rating and increased their price target for the company from $115.00 to $128.00 in a research note on Tuesday. Zacks Investment Research upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research note on Monday, May 1st. Cowen and Company reiterated a “hold” rating on shares of United Parcel Service in a research note on Wednesday, July 19th. Finally, BidaskClub upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. United Parcel Service presently has a consensus rating of “Hold” and an average price target of $114.79.

In other United Parcel Service news, insider James J. Barber sold 3,556 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Kathleen M. Gutmann sold 2,000 shares of the business’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $107.49, for a total transaction of $214,980.00. The disclosure for this sale can be found here. Insiders own 0.59% of the company’s stock.

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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