Baillie Gifford & Co. Boosts Holdings in United Parcel Service, Inc. (UPS)

Baillie Gifford & Co. boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 235,081 shares of the transportation company’s stock after buying an additional 11,123 shares during the period. Baillie Gifford & Co.’s holdings in United Parcel Service were worth $28,231,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Bainco International Investors increased its stake in United Parcel Service by 5.5% during the 3rd quarter. Bainco International Investors now owns 63,855 shares of the transportation company’s stock worth $7,668,000 after buying an additional 3,330 shares in the last quarter. Stewart & Patten Co. LLC increased its stake in United Parcel Service by 6.1% during the 3rd quarter. Stewart & Patten Co. LLC now owns 95,759 shares of the transportation company’s stock worth $11,499,000 after buying an additional 5,530 shares in the last quarter. Cable Hill Partners LLC increased its stake in United Parcel Service by 1,529.6% during the 3rd quarter. Cable Hill Partners LLC now owns 1,874 shares of the transportation company’s stock worth $225,000 after buying an additional 1,759 shares in the last quarter. Linscomb & Williams Inc. increased its stake in United Parcel Service by 6.2% during the 3rd quarter. Linscomb & Williams Inc. now owns 40,475 shares of the transportation company’s stock worth $4,861,000 after buying an additional 2,357 shares in the last quarter. Finally, Bollard Group LLC increased its stake in United Parcel Service by 21.0% during the 3rd quarter. Bollard Group LLC now owns 2,709 shares of the transportation company’s stock worth $325,000 after buying an additional 470 shares in the last quarter. Institutional investors own 53.67% of the company’s stock.

Several equities research analysts have commented on UPS shares. Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a research note on Friday, October 6th. Goldman Sachs Group assumed coverage on United Parcel Service in a report on Monday, November 13th. They set a “buy” rating and a $148.00 target price on the stock. Robert W. Baird restated a “hold” rating and set a $118.00 target price on shares of United Parcel Service in a report on Friday, August 25th. Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and boosted their target price for the stock from $125.00 to $135.00 in a report on Monday, December 4th. Finally, Cowen restated a “hold” rating on shares of United Parcel Service in a report on Tuesday, September 26th. One equities 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. United Parcel Service currently has a consensus rating of “Hold” and a consensus price target of $121.45.

United Parcel Service, Inc. (NYSE:UPS) opened at $118.00 on Friday. United Parcel Service, Inc. has a twelve month low of $102.12 and a twelve month high of $125.16. The company has a market capitalization of $101,684.14, a P/E ratio of 19.73, a P/E/G ratio of 2.12 and a beta of 0.92. 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 released its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, meeting analysts’ consensus estimates of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same period in the prior year, the firm posted $1.44 earnings per share. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. equities analysts anticipate that United Parcel Service, Inc. will post 6.01 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Monday, November 13th were issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s dividend payout ratio is presently 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.

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

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