Atlas Brown Inc. Has $204,000 Stake in United Parcel Service, Inc. (UPS)

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Atlas Brown Inc. lowered its position in United Parcel Service, Inc. (NYSE:UPS) by 17.9% during the first quarter, Holdings Channel reports. The institutional investor owned 1,824 shares of the transportation company’s stock after selling 398 shares during the quarter. Atlas Brown Inc.’s holdings in United Parcel Service were worth $204,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in United Parcel Service by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 52,189,390 shares of the transportation company’s stock worth $6,093,112,000 after purchasing an additional 704,504 shares during the last quarter. Vanguard Group Inc grew its position in United Parcel Service by 1.4% during the 3rd quarter. Vanguard Group Inc now owns 52,189,390 shares of the transportation company’s stock worth $6,093,112,000 after purchasing an additional 704,504 shares during the last quarter. BlackRock Inc. grew its position in United Parcel Service by 3.6% during the 4th quarter. BlackRock Inc. now owns 43,989,061 shares of the transportation company’s stock worth $4,290,253,000 after purchasing an additional 1,534,331 shares during the last quarter. FMR LLC grew its position in United Parcel Service by 9.9% during the 4th quarter. FMR LLC now owns 12,254,495 shares of the transportation company’s stock worth $1,195,181,000 after purchasing an additional 1,102,283 shares during the last quarter. Finally, Northern Trust Corp grew its position in United Parcel Service by 1.4% during the 4th quarter. Northern Trust Corp now owns 8,849,935 shares of the transportation company’s stock worth $863,135,000 after purchasing an additional 118,159 shares during the last quarter. 55.55% of the stock is currently owned by institutional investors.

Several research firms have weighed in on UPS. Zacks Investment Research downgraded shares of United Parcel Service from a “hold” rating to a “sell” rating in a research report on Friday, January 11th. Berenberg Bank reissued a “hold” rating and set a $125.00 target price on shares of United Parcel Service in a research report on Monday, March 25th. Credit Suisse Group reissued a “neutral” rating and set a $114.00 target price on shares of United Parcel Service in a research report on Wednesday, March 6th. Standpoint Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Thursday, February 7th. Finally, Barclays reissued a “hold” rating and set a $112.00 target price on shares of United Parcel Service in a research report on Tuesday, January 29th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $123.70.

UPS stock opened at $113.94 on Wednesday. The firm has a market capitalization of $97.69 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.69 and a beta of 1.21. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 6.56. United Parcel Service, Inc. has a 12 month low of $89.89 and a 12 month high of $125.09.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, January 31st. The transportation company reported $1.94 EPS for the quarter, beating the consensus estimate of $1.91 by $0.03. The business had revenue of $19.85 billion for the quarter, compared to the consensus estimate of $19.92 billion. United Parcel Service had a net margin of 6.67% and a return on equity of 254.74%. During the same period in the prior year, the firm earned $1.67 EPS. On average, research analysts expect that United Parcel Service, Inc. will post 7.54 EPS for the current fiscal year.

In other news, SVP Teri P. Mcclure sold 5,000 shares of the company’s stock in a transaction on Monday, February 25th. The shares were sold at an average price of $109.72, for a total value of $548,600.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Richard N. Peretz sold 9,112 shares of the company’s stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $111.18, for a total transaction of $1,013,072.16. The disclosure for this sale can be found here. 0.17% of the stock is owned by corporate insiders.

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About United Parcel Service

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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