Town & Country Bank & Trust CO dba First Bankers Trust CO decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 51.7% in the 1st quarter, Holdings Channel reports. The firm owned 5,568 shares of the transportation company’s stock after selling 5,968 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in United Parcel Service were worth $622,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CI Investments Inc. grew its position in shares of United Parcel Service by 8.2% in the third quarter. CI Investments Inc. now owns 603,743 shares of the transportation company’s stock valued at $70,487,000 after purchasing an additional 45,945 shares in the last quarter. Standard Life Aberdeen plc grew its position in shares of United Parcel Service by 7.0% in the third quarter. Standard Life Aberdeen plc now owns 298,706 shares of the transportation company’s stock valued at $34,876,000 after purchasing an additional 19,488 shares in the last quarter. Man Group plc grew its position in shares of United Parcel Service by 2,629.1% in the third quarter. Man Group plc now owns 61,787 shares of the transportation company’s stock valued at $7,213,000 after purchasing an additional 59,523 shares in the last quarter. Point72 Hong Kong Ltd grew its position in shares of United Parcel Service by 9,835.7% in the third quarter. Point72 Hong Kong Ltd now owns 2,782 shares of the transportation company’s stock valued at $325,000 after purchasing an additional 2,754 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of United Parcel Service by 0.9% in the third quarter. Thrivent Financial for Lutherans now owns 448,441 shares of the transportation company’s stock valued at $52,355,000 after purchasing an additional 4,002 shares in the last quarter. Hedge funds and other institutional investors own 55.54% of the company’s stock.

A number of equities research analysts have recently issued reports on UPS shares. Standpoint Research started coverage on United Parcel Service in a research report on Wednesday, December 26th. They issued a “buy” rating and a $89.89 price target for the company. Zacks Investment Research lowered United Parcel Service from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Credit Suisse Group dropped their price target on United Parcel Service from $118.00 to $104.00 and set a “neutral” rating for the company in a research report on Tuesday, January 15th. Barclays reiterated a “hold” rating and issued a $112.00 price objective on shares of United Parcel Service in a research report on Tuesday, January 29th. Finally, Bank of America reiterated a “neutral” rating and issued a $112.00 price objective (down from $116.00) on shares of United Parcel Service in a research report on Friday, February 1st. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $123.70.

UPS opened at $114.46 on Monday. United Parcel Service, Inc. has a 52 week low of $89.89 and a 52 week high of $125.09. The firm has a market cap of $97.63 billion, a PE ratio of 15.81, a PEG ratio of 1.68 and a beta of 1.21. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 6.56.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 31st. The transportation company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.91 by $0.03. United Parcel Service had a return on equity of 254.74% and a net margin of 6.67%. The business had revenue of $19.85 billion during the quarter, compared to analyst estimates of $19.92 billion. During the same period last year, the business posted $1.67 earnings per share. Equities research analysts predict that United Parcel Service, Inc. will post 7.54 earnings per share for the current fiscal year.

In other news, CFO Richard N. Peretz sold 9,112 shares of the firm’s stock in a transaction on Wednesday, February 13th. The stock was sold at an average price of $111.18, for a total transaction of $1,013,072.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Teri P. Mcclure sold 5,000 shares of the firm’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $109.72, for a total value of $548,600.00. The disclosure for this sale can be found here. Company insiders own 0.17% of the company’s stock.

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United Parcel Service Company 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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