Howland Capital Management LLC reduced its position in United Parcel Service, Inc. (NYSE:UPS) by 5.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 155,534 shares of the transportation company’s stock after selling 8,899 shares during the quarter. United Parcel Service makes up about 1.5% of Howland Capital Management LLC’s holdings, making the stock its 24th largest position. Howland Capital Management LLC’s holdings in United Parcel Service were worth $18,678,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in UPS. First PREMIER Bank boosted its holdings in shares of United Parcel Service by 5.0% in the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock worth $116,000 after acquiring an additional 50 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of United Parcel Service by 14.1% in the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock worth $137,000 after acquiring an additional 153 shares during the period. Winslow Evans & Crocker Inc. boosted its stake 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 buying an additional 899 shares during the period. Security National Trust Co. boosted its stake in United Parcel Service by 3.9% during the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after buying an additional 48 shares during the period. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its stake in United Parcel Service by 0.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock valued at $163,000 after buying an additional 5 shares during the period. 53.67% of the stock is owned by institutional investors and hedge funds.

United Parcel Service, Inc. (NYSE:UPS) traded up $1.26 during trading on Monday, reaching $119.26. The company’s stock had a trading volume of 378,463 shares, compared to its average volume of 2,732,631. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $101,684.14, a PE ratio of 19.73, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. United Parcel Service, Inc. has a fifty-two week low of $102.12 and a fifty-two week high of $125.16.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th were given a dividend of $0.83 per share. The ex-dividend date was Friday, November 10th. This represents a $3.32 annualized dividend and a yield of 2.78%. United Parcel Service’s payout ratio is 81.37%.

UPS has been the subject of several research analyst reports. J P Morgan Chase & Co lifted their price objective on United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Loop Capital lifted their price objective on United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 27th. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a research note on Friday, October 6th. Credit Suisse Group reissued a “hold” rating and set a $116.00 price objective (up previously from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Finally, Deutsche Bank raised United Parcel Service from a “hold” rating to a “buy” rating and lifted their price objective for the company from $125.00 to $135.00 in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. United Parcel Service currently has a consensus rating of “Hold” and an average target price of $121.45.

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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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