Guardian Capital Advisors LP Purchases 494 Shares of United Parcel Service, Inc. (UPS)

Guardian Capital Advisors LP lifted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 13.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,059 shares of the transportation company’s stock after acquiring an additional 494 shares during the quarter. Guardian Capital Advisors LP’s holdings in United Parcel Service were worth $486,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPS. Harel Insurance Investments & Financial Services Ltd. acquired a new position in United Parcel Service during the 3rd quarter worth about $120,000. Winslow Evans & Crocker Inc. lifted its holdings in United Parcel Service by 261.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after buying an additional 899 shares during the period. Security National Trust Co. lifted its holdings in United Parcel Service by 3.9% during the 2nd quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock worth $143,000 after buying an additional 48 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its holdings in United Parcel Service by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock worth $163,000 after buying an additional 5 shares during the period. Finally, Webster Bank N. A. lifted its holdings in United Parcel Service by 127.8% during the 2nd quarter. Webster Bank N. A. now owns 1,581 shares of the transportation company’s stock worth $175,000 after buying an additional 887 shares during the period. 53.50% of the stock is currently owned by institutional investors.

Several research analysts have commented on the company. Credit Suisse Group reaffirmed a “hold” rating and set a $137.00 target price on shares of United Parcel Service in a report on Wednesday. Robert W. Baird reissued a “hold” rating and issued a $130.00 price objective on shares of United Parcel Service in a research report on Tuesday, January 9th. Knight Equity reissued a “buy” rating and issued a $135.00 price objective (down from $145.00) on shares of United Parcel Service in a research report on Monday, January 8th. Deutsche Bank reissued a “buy” rating and issued a $145.00 price objective (up from $135.00) on shares of United Parcel Service in a research report on Monday, January 8th. Finally, UBS Group lifted their price objective on United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $124.09.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $133.59 on Friday. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $135.53. The company has a market capitalization of $115,120.00, a PE ratio of 32.82, a P/E/G ratio of 2.07 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 issued its earnings results 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 business had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same period in the previous year, the company posted $1.44 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. equities analysts anticipate that United Parcel Service, Inc. will post 5.99 earnings per share for the current fiscal year.

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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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