Highlander Capital Management LLC continued to hold its position in 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 (SEC). The fund owned 3,325 shares of the transportation company’s stock at the close of the 2nd quarter. Highlander Capital Management LLC’s holdings in United Parcel Service were worth $368,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of UPS. BlackRock Inc. raised its stake in shares of United Parcel Service by 2,550.9% in the 1st quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock worth $4,834,013,000 after buying an additional 43,351,873 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of United Parcel Service by 3,875,867.0% during the first quarter. Lazard Asset Management LLC now owns 4,341,083 shares of the transportation company’s stock worth $465,797,000 after purchasing an additional 4,340,971 shares during the period. Janus Henderson Group PLC raised its position in shares of 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 purchasing an additional 2,450,868 shares during the period. Federated Investors Inc. PA raised its position in shares of United Parcel Service by 2,005.9% during the second quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock worth $167,972,000 after purchasing an additional 1,446,749 shares during the period. Finally, Parametric Portfolio Associates LLC raised its position in shares of 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 purchasing an additional 1,419,245 shares during the period. 53.66% of the stock is currently owned by institutional investors.

A number of brokerages have recently issued reports on UPS. UBS boosted their target price on United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Robert W. Baird reaffirmed a “hold” rating and set a $118.00 target price on shares of United Parcel Service in a research report on Sunday, October 1st. Cowen boosted their target price on United Parcel Service from $115.00 to $124.00 and gave the stock a “market perform” rating in a research report on Monday, October 23rd. Stifel Nicolaus boosted their target price on United Parcel Service from $103.00 to $112.00 and gave the stock a “hold” rating in a research report on Friday, October 27th. Finally, BMO Capital Markets boosted their target price on United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $120.74.

Shares of United Parcel Service, Inc. (UPS) traded up $0.65 during midday trading on Wednesday, reaching $115.19. The company’s stock had a trading volume of 2,025,700 shares, compared to its average volume of 2,684,003. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. United Parcel Service, Inc. has a 1 year low of $102.12 and a 1 year high of $121.75. The stock has a market capitalization of $99,260.00, a P/E ratio of 18.92, a P/E/G ratio of 2.03 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.45. The company had revenue of $15.98 billion during the quarter, compared to the consensus estimate of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.44 EPS. equities research analysts forecast that United Parcel Service, Inc. will post 6.01 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.83 per share. The ex-dividend date is Friday, November 10th. This represents a $3.32 annualized dividend and a dividend yield of 2.88%. United Parcel Service’s dividend payout ratio (DPR) is presently 81.57%.

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United Parcel Service 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.

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

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