Robeco Institutional Asset Management B.V. Has $5.30 Million Stake in United Parcel Service, Inc. (UPS)

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Robeco Institutional Asset Management B.V. lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 27.9% during the 1st quarter, HoldingsChannel reports. The firm owned 47,480 shares of the transportation company’s stock after buying an additional 10,350 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in United Parcel Service were worth $5,303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. Vanguard Group Inc boosted its stake in United Parcel Service by 1.4% in the third quarter. Vanguard Group Inc now owns 52,189,390 shares of the transportation company’s stock valued at $6,093,112,000 after buying an additional 704,504 shares in the last quarter. BlackRock Inc. boosted its stake in United Parcel Service by 3.6% in the fourth quarter. BlackRock Inc. now owns 43,989,061 shares of the transportation company’s stock valued at $4,290,253,000 after buying an additional 1,534,331 shares in the last quarter. FMR LLC boosted its stake in United Parcel Service by 9.9% in the fourth quarter. FMR LLC now owns 12,254,495 shares of the transportation company’s stock valued at $1,195,181,000 after buying an additional 1,102,283 shares in the last quarter. Northern Trust Corp boosted its stake in United Parcel Service by 1.4% in the fourth quarter. Northern Trust Corp now owns 8,849,935 shares of the transportation company’s stock valued at $863,135,000 after buying an additional 118,159 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in United Parcel Service by 7.9% in the fourth quarter. Geode Capital Management LLC now owns 8,008,476 shares of the transportation company’s stock valued at $779,687,000 after buying an additional 585,738 shares in the last quarter. 55.77% of the stock is currently owned by institutional investors.

In other news, SVP Norman M. Brothers, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $106.03, for a total transaction of $159,045.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Teri P. Mcclure sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 25th. The stock was sold at an average price of $109.72, for a total value of $548,600.00. The disclosure for this sale can be found here. 0.17% of the stock is owned by company insiders.

United Parcel Service stock opened at $101.31 on Friday. United Parcel Service, Inc. has a 12 month low of $89.89 and a 12 month high of $125.09. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 5.85. The stock has a market capitalization of $87.40 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 1.56 and a beta of 1.16.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, April 25th. The transportation company reported $1.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.42 by ($0.03). United Parcel Service had a return on equity of 205.26% and a net margin of 6.34%. The company had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.79 billion. During the same quarter last year, the business earned $1.55 earnings per share. United Parcel Service’s revenue was up .3% compared to the same quarter last year. On average, research analysts anticipate that United Parcel Service, Inc. will post 7.47 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Monday, May 20th will be given a dividend of $0.96 per share. The ex-dividend date is Friday, May 17th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.79%. United Parcel Service’s dividend payout ratio (DPR) is 53.04%.

Several research firms recently weighed in on UPS. Cowen reaffirmed a “market perform” rating and issued a $116.00 price objective (down from $118.00) on shares of United Parcel Service in a research note on Friday, April 26th. Raymond James reduced their price objective on United Parcel Service from $135.00 to $130.00 and set a “strong-buy” rating on the stock in a research note on Friday, April 26th. Berenberg Bank reaffirmed a “hold” rating and issued a $125.00 price objective on shares of United Parcel Service in a research note on Monday, March 25th. Argus reaffirmed a “buy” rating on shares of United Parcel Service in a research note on Tuesday, April 30th. Finally, Standpoint Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $122.41.

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United Parcel Service Company Profile

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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Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS).

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

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