Trading Report: Today, 1,676 Shares of United Parcel Service Inc. (UPS) are sold by Tdam USA Inc.

Today, 1,676 Shares of United Parcel Service Inc. (UPS) are sold by Tdam USA Inc.

Tdam USA Inc. reduced its position in shares of United Parcel Service Inc. (NYSE:UPS) by 2.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 64,547 shares of the company’s stock after selling 1,676 shares during the period. Tdam USA Inc.’s holdings in United Parcel Service were worth $7,059,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Americafirst Capital Management LLC acquired a new position in shares of United Parcel Service during the second quarter worth approximately $102,000. Security National Trust Co. raised its position in United Parcel Service by 35.1% in the second quarter. Security National Trust Co. now owns 1,059 shares of the company’s stock worth $115,000 after buying an additional 275 shares during the period. Financial Architects Inc raised its position in United Parcel Service by 21.6% in the third quarter. Financial Architects Inc now owns 1,136 shares of the company’s stock worth $124,000 after buying an additional 202 shares during the period. Cornerstone Advisors Inc. raised its position in United Parcel Service by 216.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,157 shares of the company’s stock worth $127,000 after buying an additional 791 shares during the period. Finally, Advisory Services Network LLC raised its position in United Parcel Service by 17.4% in the second quarter. Advisory Services Network LLC now owns 1,206 shares of the company’s stock worth $130,000 after buying an additional 179 shares during the period. 53.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of United Parcel Service Inc. (NYSE:UPS) traded up 0.50% on Friday, reaching $116.26. 1,077,554 shares of the company traded hands. The firm has a 50-day moving average of $109.98 and a 200-day moving average of $107.88. United Parcel Service Inc. has a 52-week low of $87.30 and a 52-week high of $116.39. The company has a market capitalization of $101.45 billion, a PE ratio of 20.72 and a beta of 0.89.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 27th. The company reported $1.44 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.44. United Parcel Service had a return on equity of 195.68% and a net margin of 8.33%. The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $14.72 billion. During the same period last year, the company earned $1.39 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, equities research analysts forecast that United Parcel Service Inc. will post $5.82 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Monday, November 14th will be given a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 2.68%. The ex-dividend date is Wednesday, November 9th. United Parcel Service’s dividend payout ratio is presently 55.52%.

A number of equities analysts recently weighed in on UPS shares. Barclays PLC lifted their price objective on shares of United Parcel Service from $110.00 to $115.00 and gave the company an “equal weight” rating in a research report on Monday, September 12th. Deutsche Bank AG started coverage on shares of United Parcel Service in a research report on Wednesday, November 2nd. They issued a “hold” rating and a $117.00 price objective on the stock. Argus lifted their price objective on shares of United Parcel Service from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 2nd. Vetr lowered shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $114.83 price objective on the stock. in a research report on Tuesday, November 8th. Finally, William Blair reiterated an “outperform” rating on shares of United Parcel Service in a research report on Tuesday, September 13th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $113.17.

United Parcel Service Company Profile

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