Rowland & Co. Investment Counsel ADV Has $3,124,000 Position in United Parcel Service, Inc.

Rowland & Co. Investment Counsel ADV reduced its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,568 shares of the company’s stock after selling 331 shares during the period. United Parcel Service comprises about 1.4% of Rowland & Co. Investment Counsel ADV’s holdings, making the stock its 26th largest position. Rowland & Co. Investment Counsel ADV’s holdings in United Parcel Service were worth $3,124,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Trust N.A. increased its position in shares of United Parcel Service by 1.5% in the third quarter. Raymond James Trust N.A. now owns 30,151 shares of the company’s stock worth $3,297,000 after buying an additional 448 shares during the last quarter. Schulhoff & Co. Inc. increased its position in shares of United Parcel Service by 1.9% in the third quarter. Schulhoff & Co. Inc. now owns 16,521 shares of the company’s stock worth $1,806,000 after buying an additional 303 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of United Parcel Service by 2.0% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 103,267 shares of the company’s stock worth $11,124,000 after buying an additional 2,032 shares during the last quarter. Strs Ohio increased its position in shares of United Parcel Service by 6.6% in the second quarter. Strs Ohio now owns 459,165 shares of the company’s stock worth $49,461,000 after buying an additional 28,241 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in shares of United Parcel Service by 6.6% in the second quarter. Private Advisor Group LLC now owns 105,063 shares of the company’s stock worth $11,317,000 after buying an additional 6,464 shares during the last quarter. 52.31% of the stock is owned by institutional investors.

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

Shares of United Parcel Service, Inc. (NYSE:UPS) traded up 0.45% during mid-day trading on Friday, reaching $114.42. The company’s stock had a trading volume of 891,731 shares. The company’s 50-day moving average is $116.34 and its 200 day moving average is $111.00. The firm has a market capitalization of $99.85 billion, a P/E ratio of 20.39 and a beta of 0.91. United Parcel Service, Inc. has a 1-year low of $87.30 and a 1-year high of $120.44.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, October 27th. The company reported $1.44 earnings per share for the quarter, meeting the Zacks’ 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 the consensus estimate of $14.72 billion. During the same period in the previous year, the business earned $1.39 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, analysts expect that United Parcel Service, Inc. will post $5.82 earnings per share for the current year.

Several research analysts have recently weighed in on UPS shares. Zacks Investment Research downgraded United Parcel Service from a “hold” rating to a “sell” rating in a research note on Wednesday, September 28th. BMO Capital Markets started coverage on United Parcel Service in a research note on Thursday, November 17th. They set an “outperform” rating and a $125.00 target price for the company. They noted that the move was a valuation call. Barclays PLC reaffirmed a “hold” rating and set a $122.00 target price on shares of United Parcel Service in a research note on Tuesday. Vetr downgraded United Parcel Service from a “buy” rating to a “hold” rating and set a $119.82 target price for the company. in a research note on Monday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $116.00 target price on shares of United Parcel Service in a research note on Friday, November 25th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. United Parcel Service has a consensus rating of “Hold” and a consensus price target of $116.42.

United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.

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