Nisa Investment Advisors LLC Sells 250 Shares of United Parcel Service, Inc. (UPS)

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Nisa Investment Advisors LLC lowered its stake in United Parcel Service, Inc. (NYSE:UPS) by 0.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 231,002 shares of the transportation company’s stock after selling 250 shares during the quarter. Nisa Investment Advisors LLC’s holdings in United Parcel Service were worth $25,812,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Investors Asset Management of Georgia Inc. GA ADV lifted its stake in shares of United Parcel Service by 2.2% during the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 4,585 shares of the transportation company’s stock worth $447,000 after purchasing an additional 100 shares during the period. Allred Capital Management LLC lifted its stake in shares of United Parcel Service by 1.4% during the 1st quarter. Allred Capital Management LLC now owns 7,031 shares of the transportation company’s stock worth $799,000 after purchasing an additional 100 shares during the period. DeDora Capital Inc. lifted its stake in shares of United Parcel Service by 4.9% during the 4th quarter. DeDora Capital Inc. now owns 2,184 shares of the transportation company’s stock worth $213,000 after purchasing an additional 103 shares during the period. Gemmer Asset Management LLC lifted its stake in shares of United Parcel Service by 30.3% during the 4th quarter. Gemmer Asset Management LLC now owns 499 shares of the transportation company’s stock worth $49,000 after purchasing an additional 116 shares during the period. Finally, ZWJ Investment Counsel Inc. lifted its stake in shares of United Parcel Service by 1.9% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 6,573 shares of the transportation company’s stock worth $641,000 after purchasing an additional 122 shares during the period. 55.55% of the stock is currently owned by hedge funds and other institutional investors.

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

A number of brokerages have weighed in on UPS. Berenberg Bank raised United Parcel Service from a “hold” rating to a “buy” rating and increased their price target for the stock from $125.00 to $130.00 in a research note on Monday, April 1st. Credit Suisse Group reaffirmed a “neutral” rating and issued a $114.00 target price on shares of United Parcel Service in a research report on Wednesday, March 6th. Zacks Investment Research lowered United Parcel Service from a “hold” rating to a “sell” rating in a research report on Saturday, February 9th. Standpoint Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a research report on Thursday, February 7th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $112.00 target price (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 issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $123.70.

Shares of UPS opened at $114.15 on Monday. The company has a debt-to-equity ratio of 6.56, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market capitalization of $98.20 billion, a P/E ratio of 15.77, a PEG ratio of 1.69 and a beta of 1.21. United Parcel Service, Inc. has a twelve month low of $89.89 and a twelve month high of $125.09.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, January 31st. The transportation company reported $1.94 earnings per share for the quarter, topping the 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 analyst estimates of $19.92 billion. During the same period last year, the company posted $1.67 EPS. Equities research analysts expect that United Parcel Service, Inc. will post 7.52 EPS for the current year.

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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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