Crossmark Global Holdings Inc. Has $9.29 Million Stake in United Parcel Service, Inc. (UPS)

Crossmark Global Holdings Inc. raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.3% in the 4th quarter, HoldingsChannel reports. The fund owned 78,005 shares of the transportation company’s stock after buying an additional 3,246 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in United Parcel Service were worth $9,294,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in UPS. Janus Henderson Group PLC boosted 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 valued at $305,978,000 after purchasing an additional 2,450,868 shares during the period. Lazard Asset Management LLC boosted 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 valued at $710,933,000 after purchasing an additional 2,087,477 shares during the period. Federated Investors Inc. PA boosted 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 valued at $167,972,000 after purchasing an additional 1,446,749 shares during the period. Parametric Portfolio Associates LLC boosted 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 valued at $288,170,000 after purchasing an additional 1,419,245 shares during the period. Finally, Vanguard Group Inc. boosted 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 valued at $5,352,884,000 after purchasing an additional 1,262,293 shares during the period. 53.55% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently issued reports on UPS shares. Deutsche Bank raised United Parcel Service from a “hold” rating to a “buy” rating and upped their target price for the company from $125.00 to $135.00 in a research report on Monday, December 4th. Goldman Sachs Group started coverage on United Parcel Service in a research report on Monday, November 13th. They issued a “buy” rating and a $148.00 target price for the company. Oppenheimer reissued a “buy” rating and issued a $123.00 target price on shares of United Parcel Service in a research report on Monday, November 6th. Knight Equity reissued a “buy” rating and issued a $135.00 target price (down from $145.00) on shares of United Parcel Service in a research report on Monday, January 8th. Finally, Vetr raised United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 target price for the company in a research report on Tuesday, December 26th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $126.47.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $106.60 on Thursday. United Parcel Service, Inc. has a 1 year low of $102.12 and a 1 year high of $135.53. The company has a debt-to-equity ratio of 19.69, a quick ratio of 1.06 and a current ratio of 1.22. The firm has a market capitalization of $91,860.00, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 1.59 and a beta of 0.91.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.41%. This is an increase from United Parcel Service’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, February 16th. United Parcel Service’s dividend payout ratio is 59.18%.

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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.

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

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