Jensen Investment Management Inc. raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,615,111 shares of the transportation company’s stock after purchasing an additional 5,301 shares during the period. United Parcel Service accounts for about 2.5% of Jensen Investment Management Inc.’s holdings, making the stock its 24th largest holding. Jensen Investment Management Inc.’s holdings in United Parcel Service were worth $192,441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UPS. Janus Henderson Group PLC grew its stake in shares of United Parcel Service by 775.8% in the 2nd quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock worth $305,978,000 after buying an additional 2,450,868 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of United Parcel Service by 48.1% in the 2nd quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock worth $710,933,000 after buying an additional 2,087,477 shares during the last quarter. Federated Investors Inc. PA grew its stake in shares of United Parcel Service by 2,005.9% in the 2nd quarter. Federated Investors Inc. PA now owns 1,518,872 shares of the transportation company’s stock worth $167,972,000 after buying an additional 1,446,749 shares during the last quarter. Parametric Portfolio Associates LLC grew its stake in shares of United Parcel Service by 119.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock worth $288,170,000 after buying an additional 1,419,245 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of United Parcel Service by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock worth $5,352,884,000 after buying an additional 1,262,293 shares during the last quarter. 53.51% of the stock is owned by institutional investors and hedge funds.

Several research firms recently weighed in on UPS. Robert W. Baird restated a “hold” rating and issued a $130.00 price target on shares of United Parcel Service in a research note on Tuesday, January 9th. Credit Suisse Group restated a “hold” rating and issued a $116.00 price target (up previously from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Morgan Stanley upped their price target on United Parcel Service from $79.00 to $90.00 and gave the stock an “underweight” rating in a research note on Friday. Oppenheimer restated a “buy” rating and issued a $123.00 price target on shares of United Parcel Service in a research note on Monday, November 6th. Finally, BMO Capital Markets increased their target price on United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $126.14.

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

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, February 1st. The transportation company reported $1.67 earnings per share for the quarter, beating 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 firm had revenue of $18.83 billion for the quarter, compared to analysts’ expectations of $18.20 billion. During the same period in the prior year, the firm earned $1.63 EPS. The company’s revenue was up 11.2% compared to the same quarter last year. sell-side analysts predict that United Parcel Service, Inc. will post 7.27 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This piece was first published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this piece on another site, it was copied illegally and reposted in violation of international copyright law. The correct version of this piece can be viewed at https://theolympiareport.com/2018/02/06/united-parcel-service-inc-ups-holdings-lifted-by-jensen-investment-management-inc.html.

About United Parcel Service

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.

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS).

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

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.