First Command Bank Has $243,000 Holdings in United Parcel Service, Inc. (UPS)

First Command Bank reduced its stake in United Parcel Service, Inc. (NYSE:UPS) by 36.8% during the first quarter, HoldingsChannel.com reports. The firm owned 2,176 shares of the transportation company’s stock after selling 1,266 shares during the period. First Command Bank’s holdings in United Parcel Service were worth $243,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in UPS. Orrstown Financial Services Inc. purchased a new position in shares of United Parcel Service during the fourth quarter valued at approximately $29,000. Reilly Financial Advisors LLC purchased a new position in shares of United Parcel Service during the fourth quarter valued at approximately $29,000. Larson Financial Group LLC purchased a new position in shares of United Parcel Service during the fourth quarter valued at approximately $29,000. CX Institutional purchased a new position in shares of United Parcel Service during the first quarter valued at approximately $29,000. Finally, Somerset Trust Co increased its stake in shares of United Parcel Service by 161.0% during the first quarter. Somerset Trust Co now owns 274 shares of the transportation company’s stock valued at $31,000 after buying an additional 169 shares during the period. 55.55% of the stock is currently owned by institutional investors and hedge funds.

NYSE UPS opened at $114.15 on Friday. 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 twelve month low of $89.89 and a twelve month high of $125.09. The company has a market cap of $98.20 billion, a P/E ratio of 15.77, a PEG ratio of 1.68 and a beta of 1.21.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, January 31st. The transportation company reported $1.94 EPS for the quarter, topping the Thomson Reuters’ 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 in the previous year, the company posted $1.67 earnings per share. Research analysts predict that United Parcel Service, Inc. will post 7.54 EPS for the current fiscal year.

In other United Parcel Service news, SVP Teri P. Mcclure sold 5,000 shares of the business’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $109.72, for a total value of $548,600.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Richard N. Peretz sold 9,112 shares of the business’s stock in a transaction on Wednesday, February 13th. The stock was 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. Insiders own 0.17% of the company’s stock.

UPS has been the topic of several research reports. Standpoint Research initiated coverage on United Parcel Service in a research report on Wednesday, December 26th. They set a “buy” rating and a $89.89 price target on the stock. 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 dropped their price target on United Parcel Service from $118.00 to $104.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 15th. Barclays restated a “hold” rating and set a $112.00 price target on shares of United Parcel Service in a research report on Tuesday, January 29th. Finally, Bank of America restated a “neutral” rating and set a $112.00 price target (down from $116.00) on shares of United Parcel Service in a research report on Friday, February 1st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $123.70.

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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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