Community Bank N.A. raised its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,518 shares of the transportation company’s stock after purchasing an additional 150 shares during the period. Community Bank N.A.’s holdings in United Parcel Service were worth $1,937,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPS. V Wealth Management LLC purchased a new stake in United Parcel Service during the second quarter valued at about $102,000. Parkside Financial Bank & Trust raised its position in United Parcel Service by 17.3% during the first quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 160 shares in the last quarter. First PREMIER Bank raised its position in United Parcel Service by 5.0% during the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 50 shares in the last quarter. Ullmann Financial Group Inc. purchased a new stake in United Parcel Service during the first quarter valued at about $126,000. Finally, Winslow Evans & Crocker Inc. raised its position in United Parcel Service by 261.3% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 899 shares in the last quarter. Institutional investors and hedge funds own 52.86% of the company’s stock.

In related news, EVP Alan Gershenhorn sold 17,699 shares of the stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total value of $2,019,455.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider James J. Barber sold 3,556 shares of the stock in a transaction dated Monday, July 31st. The stock was 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. Corporate insiders own 0.59% of the company’s stock.

UPS has been the topic of a number of research reports. Zacks Investment Research downgraded United Parcel Service from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. BidaskClub upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. TheStreet upgraded United Parcel Service from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Cowen and Company restated a “hold” rating on shares of United Parcel Service in a research report on Tuesday, September 26th. Finally, Robert W. Baird restated a “hold” rating and set a $118.00 price target on shares of United Parcel Service in a research report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $117.25.

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United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 earnings per share for the quarter, topping the Zacks’ consensus estimate 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 company had revenue of $15.75 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same period in the prior year, the company posted $1.43 EPS. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis.

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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