Northstar Group Inc. Has $1.345 Million Stake in United Parcel Service, Inc. (UPS)

Northstar Group Inc. lowered its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,643 shares of the transportation company’s stock after selling 973 shares during the period. Northstar Group Inc.’s holdings in United Parcel Service were worth $1,345,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in UPS. Foothills Asset Management Ltd. increased its position in United Parcel Service by 0.7% in the third quarter. Foothills Asset Management Ltd. now owns 21,690 shares of the transportation company’s stock worth $2,372,000 after buying an additional 160 shares in the last quarter. CWM LLC increased its position in United Parcel Service by 20.4% in the third quarter. CWM LLC now owns 223,924 shares of the transportation company’s stock worth $24,488,000 after buying an additional 37,881 shares in the last quarter. Putnam FL Investment Management Co. increased its position in United Parcel Service by 554.5% in the third quarter. Putnam FL Investment Management Co. now owns 91,210 shares of the transportation company’s stock worth $9,975,000 after buying an additional 77,274 shares in the last quarter. Northwest Investment Counselors LLC increased its position in United Parcel Service by 0.8% in the third quarter. Northwest Investment Counselors LLC now owns 15,585 shares of the transportation company’s stock worth $1,704,000 after buying an additional 131 shares in the last quarter. Finally, BLB&B Advisors LLC increased its position in United Parcel Service by 3.1% in the third quarter. BLB&B Advisors LLC now owns 13,594 shares of the transportation company’s stock worth $1,487,000 after buying an additional 407 shares in the last quarter. 53.19% of the stock is owned by institutional investors and hedge funds.

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

United Parcel Service, Inc. (NYSE:UPS) traded up 0.48% during trading on Friday, reaching $106.04. The company’s stock had a trading volume of 1,396,146 shares. United Parcel Service, Inc. has a 1-year low of $100.05 and a 1-year high of $120.44. The stock has a market capitalization of $92.26 billion, a PE ratio of 27.40 and a beta of 0.91. The stock has a 50 day moving average price of $106.07 and a 200 day moving average price of $110.46. United Parcel Service also was the target of some unusual options trading on Friday. Stock investors acquired 875 put options on the company. This represents an increase of 104% compared to the average daily volume of 429 put options.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, January 31st. The transportation company reported $1.63 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.69 by $0.06. United Parcel Service had a net margin of 5.63% and a return on equity of 193.90%. The firm earned $16.98 billion during the quarter, compared to the consensus estimate of $17.01 billion. During the same quarter last year, the firm posted $1.57 earnings per share. United Parcel Service’s revenue was up 5.5% compared to the same quarter last year. Analysts anticipate that United Parcel Service, Inc. will post $5.95 earnings per share for the current fiscal year.

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A number of research firms have recently commented on UPS. Loop Capital reiterated a “hold” rating and set a $116.00 target price (down from $124.00) on shares of United Parcel Service in a research report on Tuesday, February 7th. Zacks Investment Research downgraded United Parcel Service from a “hold” rating to a “sell” rating in a research report on Friday, February 3rd. BMO Capital Markets downgraded United Parcel Service from an “outperform” rating to a “market perform” rating and set a $115.00 price target for the company. in a research report on Wednesday, February 1st. Barclays PLC lowered their price target on United Parcel Service from $122.00 to $115.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 1st. Finally, Vetr upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $118.00 price target for the company in a research report on Tuesday, January 31st. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $113.47.

In other news, SVP Teri P. Mcclure sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, February 24th. The stock was sold at an average price of $104.85, for a total value of $471,825.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.72% of the stock is currently owned by insiders.

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.

5 Day Chart for NYSE:UPS

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