Fulton Bank N.A. Boosts Holdings in United Parcel Service, Inc. (UPS)

Fulton Bank N.A. boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 27.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,336 shares of the transportation company’s stock after acquiring an additional 3,260 shares during the quarter. Fulton Bank N.A.’s holdings in United Parcel Service were worth $1,827,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Prudential Financial Inc. lifted its position in shares of United Parcel Service by 6.5% during the 3rd quarter. Prudential Financial Inc. now owns 1,118,348 shares of the transportation company’s stock valued at $134,302,000 after acquiring an additional 67,820 shares during the period. Atlantic Trust Group LLC lifted its position in shares of United Parcel Service by 143.2% during the 3rd quarter. Atlantic Trust Group LLC now owns 495,756 shares of the transportation company’s stock valued at $59,537,000 after acquiring an additional 291,868 shares during the period. Parametric Portfolio Associates LLC lifted its position in shares of United Parcel Service by 4.4% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 2,662,998 shares of the transportation company’s stock valued at $319,799,000 after acquiring an additional 112,605 shares during the period. AXA lifted its position in shares of United Parcel Service by 3.7% during the 3rd quarter. AXA now owns 471,061 shares of the transportation company’s stock valued at $56,570,000 after acquiring an additional 16,589 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its position in shares of United Parcel Service by 125.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,753 shares of the transportation company’s stock valued at $211,000 after acquiring an additional 974 shares during the period. 53.50% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service, Inc. (NYSE UPS) opened at $133.08 on Monday. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.06 and a current ratio of 1.06. United Parcel Service, Inc. has a 1-year low of $102.12 and a 1-year high of $135.53. The firm has a market cap of $114,680.00, a price-to-earnings ratio of 32.70, a price-to-earnings-growth ratio of 2.07 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.45. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The firm had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same quarter in the prior year, the business posted $1.44 EPS. The business’s revenue was up 7.0% compared to the same quarter last year. equities analysts forecast that United Parcel Service, Inc. will post 5.99 EPS for the current year.

A number of research firms recently issued reports on UPS. Credit Suisse Group reiterated a “hold” rating and set a $137.00 target price on shares of United Parcel Service in a research report on Wednesday, January 17th. Bank of America reiterated a “neutral” rating and set a $124.00 target price (up previously from $117.00) on shares of United Parcel Service in a research report on Friday, October 6th. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. BMO Capital Markets boosted their target price on shares of 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. Finally, Goldman Sachs Group began coverage on shares of United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 target price on the stock. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $124.09.

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United Parcel Service 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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