Bridgewater Associates LP reduce its stake in United Parcel Service, Inc. (NYSE:UPS) by 97.6% within the second quarter, in line with the corporate in its most up-to-date disclosure with the Securities and Exchange Commission (SEC). The fund owned three,087 shares of the transportation firm’s inventory after promoting 125,827 shares in the course of the interval. Bridgewater Associates LP’s holdings in United Parcel Service have been price $341,00zero as of its most up-to-date SEC submitting.
Several different giant traders have additionally made adjustments to their positions in UPS. V Wealth Management LLC acquired a brand new place in United Parcel Service in the course of the second quarter price about $102,00zero. First PREMIER Bank grew its place in United Parcel Service by 5.zero% in the course of the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation firm’s inventory price $116,00zero after shopping for an extra 50 shares in the course of the interval. Ullmann Financial Group Inc. acquired a brand new place in United Parcel Service in the course of the first quarter price about $126,00zero. Parkside Financial Bank & Trust grew its place in United Parcel Service by 14.1% in the course of the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation firm’s inventory price $137,00zero after shopping for an extra 153 shares in the course of the interval. Finally, Winslow Evans & Crocker Inc. grew its place in United Parcel Service by 261.three% in the course of the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation firm’s inventory price $137,00zero after shopping for an extra 899 shares in the course of the interval. 53.07% of the inventory is owned by institutional traders and hedge funds.
United Parcel Service, Inc. (UPS) traded down $zero.76 throughout noon buying and selling on Friday, hitting $112.94. 2,121,868 shares of the corporate have been exchanged, in comparison with its common quantity of two,859,672. The firm has a market cap of $97,323.79, a P/E ratio of 18.89, a P/E/G ratio of two.03 and a beta of zero.92. The firm has a debt-to-equity ratio of 9.33, a present ratio of 1.06 and a fast ratio of 1.06. United Parcel Service, Inc. has a twelve month low of $102.12 and a twelve month excessive of $121.75.
United Parcel Service (NYSE:UPS) final launched its earnings outcomes on Thursday, October 26th. The transportation firm reported $1.45 earnings per share for the quarter, hitting the consensus estimate of $1.45. The enterprise had income of $15.98 billion for the quarter, in comparison with the consensus estimate of $15.62 billion. United Parcel Service had a web margin of 5.58% and a return on fairness of 551.29%. The agency’s quarterly income was up 7.zero% in comparison with the identical quarter final yr. During the identical interval final yr, the agency posted $1.44 earnings per share. badysts forecast that United Parcel Service, Inc. will put up 6.01 EPS for the present yr.
The enterprise additionally just lately disclosed a quarterly dividend, which shall be paid on Wednesday, November 29th. Investors of file on Monday, November 13th shall be given a dividend of $zero.83 per share. This represents a $three.32 dividend on an annualized foundation and a yield of two.94%. The ex-dividend date is Friday, November 10th. United Parcel Service’s payout ratio is presently 81.37%.
Quite a lot of brokerages just lately issued reviews on UPS. BidaskClub raised shares of United Parcel Service from a “strong sell” score to a “sell” score in a badysis notice on Friday, August 11th. Goldman Sachs Group, Inc. (The) began protection on shares of United Parcel Service in a badysis notice on Monday, November 13th. They issued a “buy” score and a $148.00 goal value on the inventory. Citigroup Inc. raised shares of United Parcel Service from a “neutral” score to a “buy” score and raised their goal value for the corporate from $115.00 to $128.00 in a badysis notice on Tuesday, August eighth. Oppenheimer Holdings, Inc. reissued a “buy” score and issued a $123.00 goal value (up beforehand from $116.00) on shares of United Parcel Service in a badysis notice on Wednesday, September 20th. Finally, Robert W. Baird reaffirmed a “hold” score and set a $118.00 value goal on shares of United Parcel Service in a report on Sunday, October 1st. One badysis badyst has rated the inventory with a promote score, twelve have issued a maintain score and 7 have given a purchase score to the inventory. The inventory at the moment has a mean score of “Hold” and a mean goal value of $120.74.
ILLEGAL ACTIVITY WARNING: “Bridgewater Associates LP Has $341,000 Holdings in United Parcel Service, Inc. (UPS)” was first revealed by TrueBlueTribune and is the property of of TrueBlueTribune. If you’re viewing this piece of content material on one other website, it was illegally stolen and reposted in violation of US & worldwide trademark and copyright legal guidelines. The authorized model of this piece of content material could be considered at https://www.truebluetribune.com/2017/11/19/bridgewater-badociates-lp-trims-stake-in-united-parcel-service-inc-ups.html.
In badociated information, EVP Alan Gershenhorn bought 17,699 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, August 22nd. The shares have been bought at a mean value of $114.10, for a complete transaction of $2,zero19,455.90. The sale was disclosed in a submitting with the SEC, which is offered via this hyperlink. Insiders personal zero.59% of the corporate’s inventory.
United Parcel Service Profile
United Parcel Service, Inc (UPS) is a package deal supply firm. The Company is a supplier of worldwide provide chain administration options. The Company operates via three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 international locations and territories.
Receive News & Ratings for United Parcel Service Inc. Daily – Enter your e mail tackle beneath to obtain a concise day by day abstract of the newest information and badysts’ scores for United Parcel Service Inc. and badociated firms with MarketBeat.com’s FREE day by day e mail publication.