Segall Bryant & Hamill LLC increased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.2% in the 3rd quarter, Holdings Channel reports. The firm owned 69,165 shares of the transportation company’s stock after purchasing an additional 830 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in United Parcel Service were worth $8,306,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in UPS. Pinkerton Retirement Specialists LLC increased its stake in United Parcel Service by 2.3% during the 3rd quarter. Pinkerton Retirement Specialists LLC now owns 23,573 shares of the transportation company’s stock worth $2,822,000 after acquiring an additional 522 shares during the period. Asset Management One Co. Ltd. increased its stake in United Parcel Service by 3.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,115,507 shares of the transportation company’s stock worth $133,924,000 after acquiring an additional 32,279 shares during the period. AMP Capital Investors Ltd increased its stake in United Parcel Service by 2.7% during the 3rd quarter. AMP Capital Investors Ltd now owns 239,669 shares of the transportation company’s stock worth $28,784,000 after acquiring an additional 6,280 shares during the period. King Luther Capital Management Corp increased its stake in United Parcel Service by 13.2% during the 3rd quarter. King Luther Capital Management Corp now owns 52,850 shares of the transportation company’s stock worth $6,347,000 after acquiring an additional 6,160 shares during the period. Finally, Citizens Financial Group Inc. RI increased its stake in United Parcel Service by 31.8% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,263 shares of the transportation company’s stock worth $392,000 after acquiring an additional 788 shares during the period. 53.50% of the stock is owned by institutional investors and hedge funds.

A number of research firms have commented on UPS. Robert W. Baird restated a “hold” rating and set a $130.00 price objective on shares of United Parcel Service in a research note on Tuesday, January 9th. Deutsche Bank restated a “buy” rating and set a $145.00 price objective (up previously from $135.00) on shares of United Parcel Service in a research note on Monday, January 8th. Knight Equity restated a “buy” rating and set a $135.00 price objective (down previously from $145.00) on shares of United Parcel Service in a research note on Monday, January 8th. Vetr upgraded United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 price objective on the stock in a research note on Tuesday, December 26th. Finally, Goldman Sachs Group started coverage on United Parcel Service in a research note on Monday, November 13th. They set a “buy” rating and a $148.00 price objective on the stock. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. United Parcel Service has a consensus rating of “Hold” and an average price target of $123.09.

Shares of United Parcel Service, Inc. (NYSE UPS) opened at $132.88 on Wednesday. The firm has a market capitalization of $115,549.37, a price-to-earnings ratio of 32.57, a P/E/G ratio of 2.12 and a beta of 0.92. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $134.71. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 9.33.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.45. The business had revenue of $15.98 billion for 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 quarter in the previous year, the company posted $1.44 EPS. analysts forecast that United Parcel Service, Inc. will post 6 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Segall Bryant & Hamill LLC Grows Position in United Parcel Service, Inc. (UPS)” was first posted by Daily Political and is owned by of Daily Political. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.dailypolitical.com/2018/01/17/segall-bryant-hamill-llc-grows-position-in-united-parcel-service-inc-ups.html.

United Parcel Service Company 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.

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS).

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

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.