Brandywine Global Investment Management LLC raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 46.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 591,933 shares of the transportation company’s stock after acquiring an additional 188,333 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.07% of United Parcel Service worth $70,529,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Advisor Group Inc. grew its stake in shares of United Parcel Service by 23.0% in the 4th quarter. Advisor Group Inc. now owns 133,680 shares of the transportation company’s stock valued at $15,931,000 after buying an additional 24,985 shares in the last quarter. Granite Springs Asset Management LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $211,000. JOYN Advisors Inc. bought a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $323,000. Nomura Asset Management Co. Ltd. grew its stake in shares of United Parcel Service by 2.8% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 195,014 shares of the transportation company’s stock valued at $23,236,000 after buying an additional 5,251 shares in the last quarter. Finally, Profund Advisors LLC grew its stake in shares of United Parcel Service by 24.8% in the 4th quarter. Profund Advisors LLC now owns 23,208 shares of the transportation company’s stock valued at $2,765,000 after buying an additional 4,607 shares in the last quarter. 54.10% of the stock is currently owned by institutional investors.
In other news, SVP Teri P. Mcclure sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $106.80, for a total transaction of $480,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.59% of the stock is owned by insiders.
Shares of United Parcel Service, Inc. (UPS) opened at $108.91 on Tuesday. United Parcel Service, Inc. has a 1-year low of $102.12 and a 1-year high of $135.53. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 19.69. The firm has a market capitalization of $93,840.00, a P/E ratio of 20.51, a P/E/G ratio of 1.65 and a beta of 1.06.
United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, February 1st. The transportation company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.01. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The company had revenue of $18.83 billion during the quarter, compared to analyst estimates of $18.20 billion. During the same period in the previous year, the company earned $1.63 earnings per share. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. analysts predict that United Parcel Service, Inc. will post 7.23 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th were issued a dividend of $0.91 per share. The ex-dividend date was Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.34%. United Parcel Service’s payout ratio is 68.55%.
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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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