United Parcel Service, Inc. (UPS) Shares Bought by Ronna Sue Cohen

Ronna Sue Cohen increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 22.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,255 shares of the transportation company’s stock after purchasing an additional 4,630 shares during the quarter. United Parcel Service accounts for 2.3% of Ronna Sue Cohen’s investment portfolio, making the stock its 14th largest position. Ronna Sue Cohen’s holdings in United Parcel Service were worth $3,033,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its stake in United Parcel Service by 0.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock valued at $163,000 after acquiring an additional 5 shares during the last quarter. Bollard Group LLC grew its stake in United Parcel Service by 0.8% in the 2nd quarter. Bollard Group LLC now owns 2,239 shares of the transportation company’s stock valued at $248,000 after acquiring an additional 17 shares during the last quarter. Guardian Life Insurance Co. of America grew its stake in United Parcel Service by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 2,659 shares of the transportation company’s stock valued at $285,000 after acquiring an additional 18 shares during the last quarter. Conservest Capital Advisors Inc. grew its stake in United Parcel Service by 0.8% in the 2nd quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock valued at $322,000 after acquiring an additional 23 shares during the last quarter. Finally, Fort Pitt Capital Group LLC grew its stake in United Parcel Service by 1.0% in the 1st quarter. Fort Pitt Capital Group LLC now owns 2,332 shares of the transportation company’s stock valued at $250,000 after acquiring an additional 24 shares during the last quarter. Institutional investors and hedge funds own 53.67% of the company’s stock.

A number of equities research analysts recently commented on the stock. BidaskClub raised shares of United Parcel Service from a “strong sell” rating to a “sell” rating in a research note on Friday, August 11th. Credit Suisse Group reissued a “hold” rating and issued a $116.00 price objective (up from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Oppenheimer reissued a “buy” rating and issued a $123.00 price objective on shares of United Parcel Service in a research note on Monday, November 6th. BMO Capital Markets increased their price objective on shares of United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Finally, J P Morgan Chase & Co raised their price target on shares of United Parcel Service from $113.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company. United Parcel Service has a consensus rating of “Hold” and an average price target of $121.45.

United Parcel Service, Inc. (NYSE UPS) traded down $2.08 during trading on Thursday, hitting $118.29. 3,346,900 shares of the company’s stock traded hands, compared to its average volume of 2,719,689. United Parcel Service, Inc. has a one year low of $102.12 and a one year high of $125.16. The firm has a market cap of $103,726.44, a PE ratio of 20.13, a P/E/G ratio of 2.16 and a beta of 0.92. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06.

United Parcel Service (NYSE:UPS) last released its quarterly 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. The company had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $1.44 EPS. equities research analysts predict that United Parcel Service, Inc. will post 6.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th were issued a dividend of $0.83 per share. The ex-dividend date was Friday, November 10th. This represents a $3.32 annualized dividend and a dividend yield of 2.81%. United Parcel Service’s payout ratio is currently 81.37%.

COPYRIGHT VIOLATION NOTICE: “United Parcel Service, Inc. (UPS) Shares Bought by Ronna Sue Cohen” was originally published by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/3080105/united-parcel-service-inc-ups-shares-bought-by-ronna-sue-cohen.html.

About United Parcel Service

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.

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

Receive News & Ratings for United Parcel Service Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.