United Parcel Service, Inc. (UPS) Holdings Cut by First Financial Bank Trust Division

First Financial Bank Trust Division lowered its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,493 shares of the transportation company’s stock after selling 766 shares during the period. First Financial Bank Trust Division’s holdings in United Parcel Service were worth $1,620,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in UPS. First PREMIER Bank lifted its holdings in shares of United Parcel Service by 5.0% during the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 50 shares in the last quarter. Ullmann Financial Group Inc. acquired a new stake in United Parcel Service in the 1st quarter valued at approximately $126,000. Winslow Evans & Crocker Inc. raised its position in United Parcel Service by 261.3% in the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after buying an additional 899 shares during the last quarter. Parkside Financial Bank & Trust raised its position in United Parcel Service by 14.1% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after buying an additional 153 shares during the last quarter. Finally, Security National Trust Co. raised its position in United Parcel Service by 3.9% in the 2nd quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock valued at $143,000 after buying an additional 48 shares during the last quarter. Institutional investors and hedge funds own 53.67% of the company’s stock.

A number of brokerages recently issued reports on UPS. UBS lifted their target price on United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Deutsche Bank raised United Parcel Service from a “hold” rating to a “buy” rating and lifted their target price for the company from $125.00 to $135.00 in a research report on Monday, December 4th. Robert W. Baird reissued a “hold” rating and issued a $118.00 target price on shares of United Parcel Service in a research report on Sunday, October 1st. Cowen lifted their target price on United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Monday, October 23rd. Finally, Stifel Nicolaus lifted their target price on United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $121.45.

United Parcel Service, Inc. (NYSE:UPS) traded down $0.17 during trading hours on Friday, hitting $119.56. The company’s stock had a trading volume of 3,004,624 shares, compared to its average volume of 2,840,934. The firm has a market cap of $103,174.93, a price-to-earnings ratio of 20.02, a price-to-earnings-growth ratio of 2.15 and a beta of 0.92. United Parcel Service, Inc. has a 52-week low of $102.12 and a 52-week high of $125.16. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.45. The firm had revenue of $15.98 billion for the quarter, compared to analyst estimates of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.44 EPS. equities research analysts forecast that United Parcel Service, Inc. will post 6.01 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th were given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s dividend payout ratio (DPR) is 81.37%.

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About United Parcel Service

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through 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 countries and territories.

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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