Pensionfund DSM Netherlands maintained its stake in shares of United Parcel Service, Inc. (NYSE:UPS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,400 shares of the transportation company’s stock at the close of the 2nd quarter. Pensionfund DSM Netherlands’ holdings in United Parcel Service were worth $4,468,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in UPS. Parkside Financial Bank & Trust raised its stake 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 valued at $116,000 after acquiring an additional 160 shares in the last quarter. Ullmann Financial Group Inc. acquired a new stake in shares of United Parcel Service in the first quarter valued at $126,000. Security National Trust Co. raised its stake in shares of United Parcel Service by 8.9% in the first quarter. Security National Trust Co. now owns 1,244 shares of the transportation company’s stock valued at $134,000 after acquiring an additional 102 shares in the last quarter. Financial Architects Inc raised its stake in shares of United Parcel Service by 14.3% in the first quarter. Financial Architects Inc now owns 1,301 shares of the transportation company’s stock valued at $140,000 after acquiring an additional 163 shares in the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its stake in shares of United Parcel Service by 0.3% in the first quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,477 shares of the transportation company’s stock valued at $159,000 after acquiring an additional 4 shares in the last quarter. Institutional investors and hedge funds own 52.94% of the company’s stock.

In related news, EVP Alan Gershenhorn sold 17,699 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total transaction of $2,019,455.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider James J. Barber sold 3,556 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $110.85, for a total transaction of $394,182.60. The disclosure for this sale can be found here. 0.59% of the stock is owned by corporate insiders.

Several brokerages have recently issued reports on UPS. BidaskClub upgraded United Parcel Service from a “strong sell” rating to a “sell” rating in a research note on Friday, August 11th. Citigroup Inc. upgraded United Parcel Service from a “neutral” rating to a “buy” rating and increased their price objective for the company from $115.00 to $128.00 in a research note on Tuesday, August 8th. TheStreet upgraded United Parcel Service from a “c” rating to a “b” rating in a research note on Thursday, July 27th. Seaport Global Securities began coverage on United Parcel Service in a research note on Tuesday, June 6th. They issued a “neutral” rating on the stock. Finally, Zacks Investment Research cut United Parcel Service from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $114.80.

Shares of United Parcel Service, Inc. (NYSE UPS) traded down 0.33% during trading on Wednesday, hitting $116.76. The company’s stock had a trading volume of 741,199 shares. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $120.44. The company has a market cap of $101.11 billion, a PE ratio of 28.71 and a beta of 0.88. The firm’s 50 day moving average price is $113.07 and its 200-day moving average price is $108.86.

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Monday, August 14th were given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend was Thursday, August 10th. United Parcel Service’s dividend payout ratio is presently 81.57%.

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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.

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

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