Calamos Advisors LLC Acquires 1,111 Shares of United Parcel Service, Inc. (UPS)

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Calamos Advisors LLC lifted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,340 shares of the transportation company’s stock after acquiring an additional 1,111 shares during the quarter. Calamos Advisors LLC’s holdings in United Parcel Service were worth $12,553,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Cardinal Capital Management lifted its holdings in United Parcel Service by 0.8% in the 1st quarter. Cardinal Capital Management now owns 18,167 shares of the transportation company’s stock worth $2,029,000 after buying an additional 145 shares in the last quarter. TCI Wealth Advisors Inc. lifted its holdings in United Parcel Service by 26.3% in the 1st quarter. TCI Wealth Advisors Inc. now owns 1,147 shares of the transportation company’s stock worth $128,000 after buying an additional 239 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in United Parcel Service by 21.1% in the 1st quarter. Capital Investment Advisors LLC now owns 59,698 shares of the transportation company’s stock worth $6,671,000 after buying an additional 10,397 shares in the last quarter. NuWave Investment Management LLC acquired a new position in United Parcel Service in the 1st quarter worth $48,000. Finally, Chartwell Investment Partners LLC lifted its holdings in United Parcel Service by 4.6% in the 1st quarter. Chartwell Investment Partners LLC now owns 50,416 shares of the transportation company’s stock worth $5,633,000 after buying an additional 2,207 shares in the last quarter. Institutional investors and hedge funds own 55.54% of the company’s stock.

UPS opened at $113.64 on Tuesday. The stock has a market capitalization of $98.13 billion, a PE ratio of 15.70, a P/E/G ratio of 1.68 and a beta of 1.21. United Parcel Service, Inc. has a 1-year low of $89.89 and a 1-year high of $125.09. 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 earnings results on Thursday, January 31st. The transportation company reported $1.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.91 by $0.03. United Parcel Service had a net margin of 6.67% and a return on equity of 254.74%. The company had revenue of $19.85 billion during the quarter, compared to the consensus estimate of $19.92 billion. During the same quarter in the previous year, the firm earned $1.67 EPS. On average, equities analysts expect that United Parcel Service, Inc. will post 7.54 EPS for the current year.

In related news, CFO Richard N. Peretz sold 9,112 shares of the business’s stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $111.18, for a total transaction of $1,013,072.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Teri P. Mcclure sold 5,000 shares of the business’s stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $109.72, for a total transaction of $548,600.00. The disclosure for this sale can be found here. 0.17% of the stock is owned by corporate insiders.

UPS has been the topic of a number of recent analyst reports. Berenberg Bank reiterated a “hold” rating and issued a $125.00 price objective on shares of United Parcel Service in a report on Monday, March 25th. Zacks Investment Research downgraded shares of United Parcel Service from a “hold” rating to a “sell” rating in a research report on Friday, January 11th. Barclays reissued a “hold” rating and issued a $112.00 target price on shares of United Parcel Service in a research report on Tuesday, January 29th. Credit Suisse Group dropped their target price on shares of 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. Finally, Standpoint Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Thursday, February 7th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. United Parcel Service has an average rating of “Hold” and a consensus target price of $123.70.

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About United Parcel Service

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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