United Parcel Service, Inc. (NYSE:UPS) Stock Holdings Lowered by Kays Financial Advisory Corp ADV

Kays Financial Advisory Corp ADV lowered its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 21.5% in the 2nd quarter, Holdings Channel reports. The fund owned 13,582 shares of the transportation company’s stock after selling 3,715 shares during the period. Kays Financial Advisory Corp ADV’s holdings in United Parcel Service were worth $1,403,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. First National Corp MA ADV bought a new position in shares of United Parcel Service during the first quarter worth about $38,000. CX Institutional bought a new position in shares of United Parcel Service during the first quarter worth about $29,000. RPG Investment Advisory LLC grew its position in shares of United Parcel Service by 277.1% during the first quarter. RPG Investment Advisory LLC now owns 264 shares of the transportation company’s stock worth $29,000 after acquiring an additional 194 shares during the last quarter. Somerset Trust Co lifted its holdings in United Parcel Service by 161.0% in the first quarter. Somerset Trust Co now owns 274 shares of the transportation company’s stock worth $31,000 after purchasing an additional 169 shares during the period. Finally, Financial Gravity Wealth Inc. acquired a new stake in United Parcel Service in the first quarter worth about $32,000. Institutional investors and hedge funds own 55.48% of the company’s stock.

Shares of NYSE UPS opened at $117.20 on Friday. United Parcel Service, Inc. has a twelve month low of $89.89 and a twelve month high of $125.09. The company has a quick ratio of 1.13, a current ratio of 1.09 and a debt-to-equity ratio of 4.62. The firm has a market cap of $102.83 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.82 and a beta of 1.22. The firm has a 50-day simple moving average of $105.94.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Wednesday, July 24th. The transportation company reported $1.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.93 by $0.03. United Parcel Service had a net margin of 6.56% and a return on equity of 175.60%. The company had revenue of $18.05 billion during the quarter, compared to the consensus estimate of $17.98 billion. During the same period in the prior year, the company earned $1.94 EPS. United Parcel Service’s revenue was up 3.4% on a year-over-year basis. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.49 EPS for the current year.

Several research firms recently weighed in on UPS. Bank of America raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $130.00 price objective for the company in a report on Thursday, July 25th. Raymond James upped their price objective on shares of United Parcel Service from $130.00 to $135.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 25th. Zacks Investment Research raised shares of United Parcel Service from a “sell” rating to a “hold” rating and set a $101.00 price objective for the company in a report on Thursday, May 23rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $114.00 price objective on shares of United Parcel Service in a report on Thursday, July 25th. Finally, Goldman Sachs Group began coverage on shares of United Parcel Service in a report on Wednesday, July 10th. They issued a “buy” rating and a $123.00 price objective for the company. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $118.82.

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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