Latest Stocks: United Parcel Service, Inc. (UPS) Shares Bought by WASHINGTON TRUST Co

Latest Stocks: United Parcel Service, Inc. (UPS) Shares Bought by WASHINGTON TRUST Co

WASHINGTON TRUST Co boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 0.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 79,111 shares of the transportation company’s stock after buying an additional 28 shares during the period. WASHINGTON TRUST Co’s holdings in United Parcel Service were worth $8,489,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Tompkins Financial Corp boosted its position in shares of United Parcel Service by 8.1% in the first quarter. Tompkins Financial Corp now owns 1,001 shares of the transportation company’s stock valued at $106,000 after buying an additional 75 shares in the last quarter. First PREMIER Bank boosted its position in shares of United Parcel Service by 11.1% in the first quarter. First PREMIER Bank now owns 997 shares of the transportation company’s stock valued at $107,000 after buying an additional 100 shares in the last quarter. Lombard Odier & Cie Canada Limited Partnership bought a new position in shares of United Parcel Service during the third quarter valued at $120,000. SRS Capital Advisors Inc. bought a new position in shares of United Parcel Service during the fourth quarter valued at $125,000. Finally, Security National Trust Co. boosted its position in shares of United Parcel Service by 8.9% in the first quarter. Security National Trust Co. now owns 1,244 shares of the transportation company’s stock valued at $134,000 after buying an additional 102 shares in the last quarter. Institutional investors own 53.19% of the company’s stock.

United Parcel Service, Inc. (NYSE UPS) opened at 107.95 on Tuesday. The firm has a market capitalization of $93.68 billion, a PE ratio of 27.57 and a beta of 0.91. The company has a 50-day moving average price of $105.87 and a 200-day moving average price of $109.72. United Parcel Service, Inc. has a 12-month low of $101.95 and a 12-month high of $120.44.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Thursday, April 27th. The transportation company reported $1.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.03. The company had revenue of $15.32 billion for the quarter, compared to analyst estimates of $15.19 billion. United Parcel Service had a net margin of 7.56% and a return on equity of 962.64%. United Parcel Service’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the business earned $1.27 EPS. On average, analysts predict that United Parcel Service, Inc. will post $5.95 earnings per share for the current year.

Several research analysts have recently weighed in on UPS shares. Morgan Stanley lowered their target price on United Parcel Service to $77.00 in a report on Wednesday, February 22nd. Aegis restated a “buy” rating on shares of United Parcel Service in a report on Thursday, February 23rd. Zacks Investment Research upgraded United Parcel Service from a “sell” rating to a “hold” rating in a report on Tuesday, March 7th. Loop Capital restated a “hold” rating and set a $116.00 target price (down from $124.00) on shares of United Parcel Service in a report on Tuesday, February 7th. Finally, Wells Fargo & Co started coverage on United Parcel Service in a report on Monday, March 13th. They set a “market perform” rating and a $115.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. United Parcel Service presently has a consensus rating of “Hold” and a consensus price target of $114.00. United Parcel Service Company Profile

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Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS).

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