United Parcel Service, Inc. (NYSE:UPS) is Donald L. Hagan LLC’s 2nd Largest Position

Donald L. Hagan LLC trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 6.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,028 shares of the transportation company’s stock after selling 8,901 shares during the quarter. United Parcel Service makes up about 17.6% of Donald L. Hagan LLC’s portfolio, making the stock its 2nd biggest holding. Donald L. Hagan LLC’s holdings in United Parcel Service were worth $22,166,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Cordasco Financial Network raised its holdings in United Parcel Service by 82.4% in the 3rd quarter. Cordasco Financial Network now owns 155 shares of the transportation company’s stock valued at $26,000 after buying an additional 70 shares during the period. Ellevest Inc. raised its holdings in United Parcel Service by 69.5% in the 2nd quarter. Ellevest Inc. now owns 300 shares of the transportation company’s stock valued at $33,000 after buying an additional 123 shares during the period. M&R Capital Management Inc. raised its holdings in United Parcel Service by 104.8% in the 2nd quarter. M&R Capital Management Inc. now owns 342 shares of the transportation company’s stock valued at $38,000 after buying an additional 175 shares during the period. Arlington Partners LLC purchased a new stake in United Parcel Service in the 2nd quarter valued at about $38,000. Finally, West Oak Capital LLC raised its holdings in United Parcel Service by 49.3% in the 3rd quarter. West Oak Capital LLC now owns 227 shares of the transportation company’s stock valued at $38,000 after buying an additional 75 shares during the period. 55.67% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently issued reports on UPS shares. Raymond James boosted their price objective on shares of United Parcel Service from $165.00 to $195.00 and gave the company a “strong-buy” rating in a report on Tuesday, September 29th. Credit Suisse Group upgraded shares of United Parcel Service from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $147.00 to $192.00 in a research note on Monday, September 21st. UBS Group boosted their price target on shares of United Parcel Service from $150.00 to $162.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Berenberg Bank set a $130.00 price target on shares of United Parcel Service and gave the stock a “sell” rating in a research note on Thursday, September 3rd. Finally, Goldman Sachs Group boosted their price target on shares of United Parcel Service from $159.00 to $168.00 and gave the stock a “buy” rating in a research note on Friday, August 21st. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $144.14.

In other news, Director David P. Abney sold 62,700 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $160.56, for a total value of $10,067,112.00. Also, insider Kathleen M. Gutmann sold 7,766 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $156.77, for a total value of $1,217,475.82. Insiders sold 80,291 shares of company stock valued at $12,848,237 over the last three months. Corporate insiders own 0.57% of the company’s stock.

UPS traded up $0.40 on Friday, reaching $174.44. The company’s stock had a trading volume of 3,446,613 shares, compared to its average volume of 4,627,982. The stock has a 50 day moving average of $164.79 and a two-hundred day moving average of $126.05. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 5.30. The company has a market capitalization of $150.61 billion, a price-to-earnings ratio of 34.68, a P/E/G ratio of 2.96 and a beta of 0.99. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $177.15.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Thursday, July 30th. The transportation company reported $2.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.07 by $1.06. The firm had revenue of $20.46 billion during the quarter, compared to the consensus estimate of $17.42 billion. United Parcel Service had a return on equity of 156.85% and a net margin of 5.66%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.96 earnings per share. As a group, analysts anticipate that United Parcel Service, Inc. will post 6.91 earnings per share for the current fiscal year.

United Parcel Service 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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