Halsey Associates Inc. CT grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,879 shares of the transportation company’s stock after purchasing an additional 2,122 shares during the period. United Parcel Service accounts for 2.2% of Halsey Associates Inc. CT’s portfolio, making the stock its 19th biggest position. Halsey Associates Inc. CT’s holdings in United Parcel Service were worth $12,245,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Capital Guardian Trust Co. acquired a new stake in shares of United Parcel Service during the third quarter worth $109,000. Moneta Group Investment Advisors LLC raised its holdings in shares of United Parcel Service by 118.8% during the second quarter. Moneta Group Investment Advisors LLC now owns 1,105 shares of the transportation company’s stock worth $117,000 after purchasing an additional 600 shares during the period. Advisors Preferred LLC raised its holdings in shares of United Parcel Service by 845.8% during the second quarter. Advisors Preferred LLC now owns 1,135 shares of the transportation company’s stock worth $121,000 after purchasing an additional 1,015 shares during the period. Psagot Investment House Ltd. acquired a new stake in shares of United Parcel Service during the third quarter worth $121,000. Finally, Bell Rock Capital LLC acquired a new stake in shares of United Parcel Service during the third quarter worth $127,000. 54.07% of the stock is currently owned by institutional investors.

UPS has been the topic of a number of research reports. Goldman Sachs Group set a $150.00 target price on shares of United Parcel Service and gave the stock a “buy” rating in a report on Monday, September 10th. Citigroup cut shares of United Parcel Service from a “buy” rating to a “neutral” rating in a report on Friday, November 2nd. Bank of America cut shares of United Parcel Service from a “buy” rating to a “neutral” rating in a report on Thursday, October 25th. BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and set a $128.00 price objective on the stock in a report on Monday, October 1st. Finally, Berenberg Bank started coverage on shares of United Parcel Service in a report on Friday, September 21st. They issued a “hold” rating and a $125.00 price objective on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $125.33.

UPS stock opened at $98.66 on Friday. The company has a debt-to-equity ratio of 6.43, a quick ratio of 1.14 and a current ratio of 1.14. United Parcel Service, Inc. has a fifty-two week low of $97.54 and a fifty-two week high of $135.53. The stock has a market capitalization of $86.59 billion, a P/E ratio of 16.42, a PEG ratio of 1.51 and a beta of 1.15.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Wednesday, October 24th. The transportation company reported $1.82 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.82. The business had revenue of $17.44 billion for the quarter, compared to analysts’ expectations of $17.48 billion. United Parcel Service had a net margin of 7.68% and a return on equity of 307.54%. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.45 EPS. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.23 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 5th. Shareholders of record on Monday, November 19th were paid a dividend of $0.91 per share. The ex-dividend date was Friday, November 16th. This represents a $3.64 annualized dividend and a yield of 3.69%. United Parcel Service’s payout ratio is 60.57%.

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United Parcel Service Profile

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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

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