Culbertson A N & Co. Inc. lowered its holdings in United Parcel Service, Inc. (NYSE:UPS) by 0.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,697 shares of the transportation company’s stock after selling 99 shares during the period. Culbertson A N & Co. Inc.’s holdings in United Parcel Service were worth $2,983,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Edmp Inc. boosted its holdings in United Parcel Service by 5.6% in the 1st quarter. Edmp Inc. now owns 14,543 shares of the transportation company’s stock valued at $1,625,000 after purchasing an additional 765 shares during the period. Cohen Klingenstein LLC boosted its holdings in United Parcel Service by 598.6% in the 1st quarter. Cohen Klingenstein LLC now owns 74,467 shares of the transportation company’s stock valued at $8,321,000 after purchasing an additional 63,807 shares during the period. BTIM Corp. boosted its holdings in United Parcel Service by 4.8% in the 1st quarter. BTIM Corp. now owns 504,847 shares of the transportation company’s stock valued at $56,411,000 after purchasing an additional 23,033 shares during the period. Allred Capital Management LLC boosted its holdings in United Parcel Service by 1.4% in the 1st quarter. Allred Capital Management LLC now owns 7,031 shares of the transportation company’s stock valued at $799,000 after purchasing an additional 100 shares during the period. Finally, Jolley Asset Management LLC boosted its holdings in United Parcel Service by 1.5% in the 1st quarter. Jolley Asset Management LLC now owns 41,574 shares of the transportation company’s stock valued at $4,645,000 after purchasing an additional 607 shares during the period. 55.55% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on UPS shares. Berenberg Bank reaffirmed a “hold” rating and set a $125.00 price target on shares of United Parcel Service in a report on Monday, March 25th. Zacks Investment Research downgraded shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Friday, January 11th. Barclays reaffirmed a “hold” rating and set a $112.00 price target on shares of United Parcel Service in a report on Tuesday, January 29th. Credit Suisse Group cut their price target on shares of United Parcel Service from $118.00 to $104.00 and set a “neutral” rating for the company in a report on Tuesday, January 15th. Finally, Standpoint Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, February 7th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. United Parcel Service presently has a consensus rating of “Hold” and a consensus price target of $123.70.

Shares of NYSE:UPS opened at $114.15 on Friday. The company has a market capitalization of $98.20 billion, a P/E ratio of 15.77, a P/E/G ratio of 1.68 and a beta of 1.21. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 6.56. United Parcel Service, Inc. has a one year low of $89.89 and a one year high of $125.09.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, January 31st. The transportation company reported $1.94 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.91 by $0.03. The business had revenue of $19.85 billion during 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 quarter in the prior year, the firm earned $1.67 EPS. On average, research analysts forecast that United Parcel Service, Inc. will post 7.54 earnings per share for the current fiscal year.

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

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United Parcel Service Company Profile

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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