Brown Advisory Inc. Purchases 1,968 Shares of United Parcel Service, Inc. (UPS)

Brown Advisory Inc. boosted its position in United Parcel Service, Inc. (NYSE:UPS) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,483 shares of the transportation company’s stock after acquiring an additional 1,968 shares during the period. Brown Advisory Inc.’s holdings in United Parcel Service were worth $11,614,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Daiwa Securities Group Inc. boosted its stake in United Parcel Service by 6.4% during the second quarter. Daiwa Securities Group Inc. now owns 26,378 shares of the transportation company’s stock valued at $2,802,000 after buying an additional 1,596 shares during the period. Exencial Wealth Advisors LLC grew its holdings in shares of United Parcel Service by 4.9% during the 2nd quarter. Exencial Wealth Advisors LLC now owns 47,273 shares of the transportation company’s stock worth $5,022,000 after acquiring an additional 2,191 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of United Parcel Service by 1,526.3% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,456 shares of the transportation company’s stock worth $473,000 after acquiring an additional 4,182 shares during the period. Personal Capital Advisors Corp grew its holdings in shares of United Parcel Service by 7.8% during the 2nd quarter. Personal Capital Advisors Corp now owns 301,048 shares of the transportation company’s stock worth $31,980,000 after acquiring an additional 21,860 shares during the period. Finally, MUFG Securities EMEA plc bought a new stake in shares of United Parcel Service in the 2nd quarter worth approximately $4,862,000. Hedge funds and other institutional investors own 53.74% of the company’s stock.

Several equities analysts recently issued reports on UPS shares. Goldman Sachs Group set a $150.00 price objective on United Parcel Service and gave the company a “buy” rating in a research report on Monday, September 10th. Citigroup lowered shares of United Parcel Service from a “buy” rating to a “neutral” rating in a research note on Friday, November 2nd. Bank of America lowered United Parcel Service from a “buy” rating to a “neutral” rating in a research note on Thursday, October 25th. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and set a $128.00 price target for the company in a research note on Monday, October 1st. Finally, Berenberg Bank started coverage on United Parcel Service in a research note on Friday, September 21st. They issued a “hold” rating and a $125.00 price target for the company. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $125.66.

NYSE:UPS opened at $115.29 on Monday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 6.43. United Parcel Service, Inc. has a 1-year low of $101.45 and a 1-year high of $135.53. The stock has a market capitalization of $99.06 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 1.72 and a beta of 1.14.

United Parcel Service (NYSE:UPS) last released its earnings results on Wednesday, October 24th. The transportation company reported $1.82 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.82. The company had revenue of $17.44 billion for the quarter, compared to analyst estimates of $17.48 billion. United Parcel Service had a net margin of 7.68% and a return on equity of 307.54%. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.45 EPS. Equities analysts expect that United Parcel Service, Inc. will post 7.23 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Monday, November 19th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Friday, November 16th. United Parcel Service’s dividend payout ratio (DPR) is 60.57%.

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

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