Birch Hill Investment Advisors LLC Sells 4,575 Shares of United Parcel Service, Inc. (UPS)

Birch Hill Investment Advisors LLC decreased its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 205,869 shares of the transportation company’s stock after selling 4,575 shares during the quarter. United Parcel Service accounts for about 1.7% of Birch Hill Investment Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Birch Hill Investment Advisors LLC’s holdings in United Parcel Service were worth $20,079,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans boosted its position in United Parcel Service by 0.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 448,441 shares of the transportation company’s stock worth $52,355,000 after acquiring an additional 4,002 shares during the period. Country Club Trust Company n.a. boosted its position in United Parcel Service by 21.8% during the 4th quarter. Country Club Trust Company n.a. now owns 62,023 shares of the transportation company’s stock worth $6,050,000 after acquiring an additional 11,106 shares during the period. Tredje AP fonden boosted its position in United Parcel Service by 2.3% during the 4th quarter. Tredje AP fonden now owns 55,837 shares of the transportation company’s stock worth $5,446,000 after acquiring an additional 1,243 shares during the period. Aviva PLC boosted its position in United Parcel Service by 40.9% during the 3rd quarter. Aviva PLC now owns 511,236 shares of the transportation company’s stock worth $59,687,000 after acquiring an additional 148,470 shares during the period. Finally, Conning Inc. boosted its position in United Parcel Service by 5.1% during the 4th quarter. Conning Inc. now owns 392,009 shares of the transportation company’s stock worth $38,233,000 after acquiring an additional 18,898 shares during the period. Institutional investors and hedge funds own 55.54% of the company’s stock.

Shares of UPS stock traded down $0.82 during trading on Monday, reaching $113.64. The company had a trading volume of 1,768,300 shares, compared to its average volume of 3,203,454. The company has a debt-to-equity ratio of 6.56, a quick ratio of 1.15 and a current ratio of 1.15. United Parcel Service, Inc. has a one year low of $89.89 and a one year high of $125.09. The company has a market capitalization of $98.13 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 1.68 and a beta of 1.21.

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

A number of equities research analysts have commented on UPS shares. Standpoint Research started coverage on United Parcel Service in a research report on Wednesday, December 26th. They set a “buy” rating and a $89.89 price objective for the company. Zacks Investment Research lowered United Parcel Service from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Credit Suisse Group decreased their price objective on United Parcel Service from $118.00 to $104.00 and set a “neutral” rating for the company in a research report on Tuesday, January 15th. Barclays restated a “hold” rating and set a $112.00 price objective on shares of United Parcel Service in a research report on Tuesday, January 29th. Finally, Bank of America reaffirmed a “neutral” rating and set a $112.00 price target (down from $116.00) on shares of United Parcel Service in a research note on Friday, February 1st. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. United Parcel Service has an average rating of “Hold” and an average price target of $123.70.

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

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United Parcel Service 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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