United Parcel Service, Inc. (UPS) Shares Bought by NewSquare Capital LLC

NewSquare Capital LLC increased its position in United Parcel Service, Inc. (NYSE:UPS) by 8.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,751 shares of the transportation company’s stock after buying an additional 434 shares during the quarter. NewSquare Capital LLC’s holdings in United Parcel Service were worth $685,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. SNS Financial Group LLC lifted its holdings in shares of United Parcel Service by 0.5% during the second quarter. SNS Financial Group LLC now owns 4,417 shares of the transportation company’s stock valued at $488,000 after purchasing an additional 24 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in shares of United Parcel Service by 0.4% during the second quarter. Riverhead Capital Management LLC now owns 10,870 shares of the transportation company’s stock valued at $1,202,000 after purchasing an additional 44 shares during the last quarter. Security National Trust Co. lifted its holdings in shares of United Parcel Service by 3.9% during the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 48 shares during the last quarter. Davidson & Garrard Inc. lifted its holdings in shares of United Parcel Service by 3.1% during the second quarter. Davidson & Garrard Inc. now owns 1,929 shares of the transportation company’s stock valued at $213,000 after purchasing an additional 58 shares during the last quarter. Finally, AMG Funds LLC lifted its holdings in shares of United Parcel Service by 0.4% during the second quarter. AMG Funds LLC now owns 15,594 shares of the transportation company’s stock valued at $1,725,000 after purchasing an additional 68 shares during the last quarter. Institutional investors and hedge funds own 53.51% of the company’s stock.

United Parcel Service, Inc. (NYSE UPS) opened at $113.30 on Tuesday. The company has a debt-to-equity ratio of 19.69, a current ratio of 1.22 and a quick ratio of 1.06. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $135.53. The firm has a market capitalization of $97,630.00, a PE ratio of 20.20, a price-to-earnings-growth ratio of 1.73 and a beta of 0.91.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, February 1st. The transportation company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.01. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The company had revenue of $18.83 billion for the quarter, compared to analyst estimates of $18.20 billion. During the same period in the prior year, the firm posted $1.63 EPS. The business’s revenue was up 11.2% compared to the same quarter last year. sell-side analysts anticipate that United Parcel Service, Inc. will post 7.27 earnings per share for the current year.

Several equities research analysts have recently commented on the company. Morgan Stanley upped their target price on United Parcel Service from $79.00 to $90.00 and gave the company an “underweight” rating in a report on Friday. BMO Capital Markets upped their price target on United Parcel Service to $130.00 and gave the company a “market perform” rating in a research report on Friday. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “strong-buy” rating and set a $150.00 price target on the stock in a research report on Thursday, February 1st. Credit Suisse Group reissued a “hold” rating and set a $137.00 price target on shares of United Parcel Service in a research report on Wednesday, January 17th. Finally, Robert W. Baird reissued a “hold” rating and set a $130.00 price target on shares of United Parcel Service in a research report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. United Parcel Service has a consensus rating of “Hold” and a consensus target price of $126.14.

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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. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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

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