CIBC Non-public Wealth Group LLC raised its holdings in United Parcel Service, Inc. (NYSE:UPS – Get Score ) by 0.6% in the course of the third quarter, in line with its most up-to-date submitting with the Securities and Change Fee (SEC). The agency owned 122,034 shares of the transportation firm’s inventory after shopping for a further 668 shares in the course of the quarter. CIBC Non-public Wealth Group LLC’s holdings in United Parcel Service had been price $19,714,000 as of its most up-to-date SEC submitting.

“King of Quants” Sees 10X Potential… (From Investor Place Media)

A number of different institutional traders and hedge funds have additionally just lately purchased and offered shares of the corporate. Navellier & Associates Inc. grew its holdings in United Parcel Service by 2.5% within the 2nd quarter. Navellier & Associates Inc. now owns 2,211 shares of the transportation firm’s inventory valued at $404,000 after buying a further 54 shares in the course of the interval. SkyOak Wealth LLC boosted its holdings in United Parcel Service by 0.4% within the third quarter. SkyOak Wealth LLC now owns 13,547 shares of the transportation firm’s inventory valued at $2,188,000 after buying a further 60 shares in the course of the interval. Summit Asset Administration LLC boosted its holdings in shares of United Parcel Service by 1.7% within the third quarter. Summit Asset Administration LLC now owns 3,579 shares of the transportation firm’s inventory valued at $578,000 after buying a further 60 shares over the past quarter. Bristlecone Advisors LLC boosted its holdings in shares of United Parcel Service by 0.5% within the third quarter. Bristlecone Advisors LLC now owns 13,496 shares of the transportation firm’s inventory valued at $2,180,000 after buying a further 61 shares over the past quarter. Lastly, Parkside Monetary Financial institution & Belief boosted its holdings in shares of United Parcel Service by 1.9% within the third quarter. Parkside Monetary Financial institution & Belief now owns 3,345 shares of the transportation firm’s inventory valued at $540,000 after buying a further 63 shares over the past quarter. Institutional traders personal 58.92% of the corporate’s shares.

Insider exercise at United Parcel Service

In associated information, CFO Brian Newman offered 19,000 shares of the inventory in a transaction that occurred on Friday, February seventeenth. The shares had been offered at a median worth of $182.46, for a complete worth of $3,466,740.00. Following the sale, the CFO now instantly owns 11,677 shares within the firm, valued at roughly $2,130,585.42. The sale was disclosed in a submitting with the Securities & Change Fee, which is offered by way of this hyperlink. In associated information, insider Norman M. Brothers, Jr. offered 20,724 shares of the inventory in a transaction that occurred on Friday, February seventeenth. The shares had been offered at a median worth of $182.26, for a complete worth of $3,777,156.24. The sale was disclosed in a submitting with the SEC, which will be accessed by way of this hyperlink. Additionally, CFO Brian Newman offered 19,000 shares of the inventory in a transaction that occurred on Friday, February seventeenth. The shares had been offered at a median worth of $182.46, for a complete transaction of $3,466,740.00. Following the completion of the sale, the chief monetary officer now owns 11,677 shares within the firm, valued at $2,130,585.42. The details about this sale will be discovered right here. Insiders have offered 54,341 shares of firm inventory valued at $9,848,061 within the final ninety days. Firm insiders personal 0.12% of the corporate’s shares.

United Parcel Service Inventory Efficiency

United Parcel Service inventory opened at $185.06 on Wednesday. The corporate has a present ratio of 1.22, a fast ratio of 1.22 and a debt ratio of 0.87. United Parcel Service, Inc. has a 1 12 months low of $154.87 and a 1 12 months excessive of $223.97. The corporate has a market cap of $158.92 billion, a PE ratio of 14.02, a PEG ratio of two.18 and a beta of 1.08. The corporate’s 50 day transferring common is $182.50 and its 200 day transferring common is $178.38.

United Parcel Service (NYSE:UPS – Get Score ) final launched its earnings outcomes on Tuesday, January thirty first. The transportation firm reported $3.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.59 by $0.03. United Parcel Service had a internet margin of 11.51% and a return on fairness of 66.10%. The corporate had income of $27 billion within the quarter, in comparison with the consensus estimate of $28.03 billion. Throughout the identical interval within the prior 12 months, the corporate posted $3.59 EPS. The corporate’s income fell by 2.6% in comparison with the identical quarter final 12 months. Equities analysts count on United Parcel Service, Inc. will ship 11.5 earnings per share for the present 12 months.

United Parcel Service introduced that its board has initiated a inventory buyback program on Tuesday, January thirty first that permits the corporate to buyback $5.00 billion in shares. This repurchase authorization permits the provider to repurchase as much as 3% of its shares by means of open market purchases. Share buyback packages are sometimes a sign that the corporate’s board believes its shares are undervalued.

United Parcel Service will increase dividend

The corporate additionally just lately declared a quarterly dividend, which was paid on Friday, March tenth. Traders of document on Tuesday, February twenty first had been paid a $1.62 dividend. This represents an annualized dividend of $6.48 and a yield of three.50%. That is up from United Parcel Service’s earlier quarterly dividend of $1.52. The ex-dividend date was Friday, February seventeenth. United Parcel Service’s dividend payout ratio (DPR) is at the moment 49.09%.

Wall Avenue analysts count on progress

A number of equities analysis analysts have just lately weighed in on UPS shares. JPMorgan Chase & Co. set a $181.00 goal worth on shares of United Parcel Service in a report on Tuesday, January thirty first. KeyCorp boosted their goal worth on shares of United Parcel Service from $200.00 to $215.00 and gave the inventory an “obese” ranking in a report on Wednesday, February 1st. Evercore ISI boosted their goal worth on shares of United Parcel Service from $181.00 to $203.00 and gave the inventory an “in-line” ranking in a report on Monday, December nineteenth. Credit score Suisse Group set a $206.00 goal worth on shares of United Parcel Service in a report on Wednesday, February twenty second. Lastly, BNP Paribas lowered shares of United Parcel Service from a “impartial” ranking to an “underperform” ranking in a report on Wednesday, November thirtieth. 4 equities analysis analysts have rated the inventory with a promote ranking, 9 have given a maintain ranking, fourteen have given a purchase ranking and one has assigned a powerful purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the corporate at the moment has a median ranking of “Maintain” and a consensus goal worth of $193.54.

United Parcel Service Profile

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United Parcel Service, Inc. is a parcel supply firm engaged within the provision of world provide chain administration options. It operates by means of the next segments: US Home Package deal, Worldwide Package deal and Provide Chain Options. The US home parcel section consists of timed supply of letters, paperwork and parcels.

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