Stifel Financial Corp grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 604,567 shares of the transportation company’s stock after purchasing an additional 24,867 shares during the quarter. Stifel Financial Corp’s holdings in United Parcel Service were worth $72,523,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of United Parcel Service during the 3rd quarter worth approximately $120,000. Winslow Evans & Crocker Inc. boosted its holdings in shares of United Parcel Service by 261.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after buying an additional 899 shares in the last quarter. Security National Trust Co. boosted its holdings in shares of United Parcel Service by 3.9% during the 2nd quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock worth $143,000 after buying an additional 48 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its holdings in shares of United Parcel Service by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock worth $163,000 after buying an additional 5 shares in the last quarter. Finally, Webster Bank N. A. boosted its holdings in shares of United Parcel Service by 127.8% during the 2nd quarter. Webster Bank N. A. now owns 1,581 shares of the transportation company’s stock worth $175,000 after buying an additional 887 shares in the last quarter. Hedge funds and other institutional investors own 53.49% of the company’s stock.

A number of equities analysts have issued reports on UPS shares. Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and increased their price target for the stock from $125.00 to $135.00 in a report on Monday, December 4th. Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 target price on the stock in a report on Friday, October 6th. Goldman Sachs Group started coverage on United Parcel Service in a report on Monday, November 13th. They issued a “buy” rating and a $148.00 target price on the stock. Cowen reiterated a “hold” rating on shares of United Parcel Service in a report on Tuesday, September 26th. Finally, JPMorgan Chase & Co. increased their target price on United Parcel Service from $113.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $123.09.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $134.09 on Friday. The company has a market capitalization of $115,550.00, a price-to-earnings ratio of 32.95, a P/E/G ratio of 2.17 and a beta of 0.92. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $134.33. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, meeting analysts’ consensus estimates of $1.45. The business had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. United Parcel Service’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.44 EPS. equities analysts anticipate that United Parcel Service, Inc. will post 6 earnings per share for the current fiscal year.

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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.

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

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