Leisure Capital Management lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,708 shares of the transportation company’s stock after selling 607 shares during the quarter. United Parcel Service comprises 1.6% of Leisure Capital Management’s portfolio, making the stock its 25th biggest holding. Leisure Capital Management’s holdings in United Parcel Service were worth $1,848,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. V Wealth Management LLC bought a new stake in United Parcel Service in the 2nd quarter worth approximately $102,000. Parkside Financial Bank & Trust increased its stake in United Parcel Service by 17.3% in the 1st quarter. Parkside Financial Bank & Trust now owns 1,087 shares of the transportation company’s stock worth $116,000 after acquiring an additional 160 shares during the last quarter. First PREMIER Bank increased its stake in United Parcel Service by 5.0% in the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock worth $116,000 after acquiring an additional 50 shares during the last quarter. Ullmann Financial Group Inc. bought a new stake in United Parcel Service in the 1st quarter worth approximately $126,000. Finally, Winslow Evans & Crocker Inc. increased its stake in United Parcel Service by 261.3% in the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after acquiring an additional 899 shares during the last quarter. 52.87% of the stock is currently owned by institutional investors.

United Parcel Service, Inc. (UPS) opened at 117.53 on Wednesday. The stock has a market cap of $101.78 billion, a PE ratio of 28.90 and a beta of 0.90. The company’s 50-day moving average price is $118.52 and its 200-day moving average price is $111.94. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $121.75.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.45. The company had revenue of $15.98 billion during the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.44 earnings per share. On average, equities analysts expect that United Parcel Service, Inc. will post $6.01 EPS for the current fiscal year.

In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total transaction of $2,019,455.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.59% of the stock is owned by company insiders.

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A number of research firms have issued reports on UPS. UBS AG lifted their price objective on United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Robert W. Baird reaffirmed a “hold” rating and issued a $118.00 price objective on shares of United Parcel Service in a research note on Sunday, October 1st. Cowen and Company lifted their price objective on United Parcel Service from $115.00 to $124.00 and gave the stock a “market perform” rating in a research note on Monday, October 23rd. Stifel Nicolaus lifted their target price on United Parcel Service from $103.00 to $112.00 and gave the stock a “hold” rating in a report on Friday, October 27th. Finally, BMO Capital Markets lifted their target price on United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the company. United Parcel Service presently has an average rating of “Hold” and a consensus target price of $119.11.

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.

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

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