Cambiar Investors LLC cut its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 484,458 shares of the transportation company’s stock after selling 29,604 shares during the quarter. United Parcel Service makes up approximately 0.9% of Cambiar Investors LLC’s portfolio, making the stock its 27th biggest position. Cambiar Investors LLC’s holdings in United Parcel Service were worth $57,723,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janus Henderson Group PLC raised its position in shares of United Parcel Service by 775.8% in the 2nd quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock worth $305,978,000 after acquiring an additional 2,450,868 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of United Parcel Service by 48.1% in the 2nd quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock worth $710,933,000 after acquiring an additional 2,087,477 shares in the last quarter. Federated Investors Inc. PA raised its position in shares of United Parcel Service by 2,005.9% in the 2nd quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock worth $167,972,000 after acquiring an additional 1,446,749 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in shares of United Parcel Service by 119.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock worth $288,170,000 after acquiring an additional 1,419,245 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of United Parcel Service by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock worth $5,352,884,000 after acquiring an additional 1,262,293 shares in the last quarter. 53.51% of the stock is currently owned by hedge funds and other institutional investors.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $111.91 on Thursday. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $135.53. The company has a market capitalization of $96,440.00, a PE ratio of 19.95, a P/E/G ratio of 1.69 and a beta of 0.91. The company has a debt-to-equity ratio of 19.69, a current ratio of 1.22 and a quick ratio of 1.06.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, February 1st. The transportation company reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.01. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The business had revenue of $18.83 billion during the quarter, compared to analyst estimates of $18.20 billion. During the same period in the previous year, the company posted $1.63 EPS. The firm’s revenue was up 11.2% compared to the same quarter last year. equities analysts anticipate that United Parcel Service, Inc. will post 7.23 earnings per share for the current fiscal year.

UPS has been the subject of several research analyst reports. Credit Suisse Group reissued a “hold” rating and issued a $116.00 price objective (up from $108.00) on shares of United Parcel Service in a research report on Thursday, October 12th. They noted that the move was a valuation call. JPMorgan Chase & Co. lifted their price objective on United Parcel Service from $113.00 to $114.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Cowen lifted their price objective 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 lifted their price objective 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 company a “market perform” rating in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. United Parcel Service has a consensus rating of “Hold” and an average target price of $126.14.

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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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