519,258 Shares in United Parcel Service, Inc. $UPS Purchased by PFA Pension Forsikringsaktieselskab

PFA Pension Forsikringsaktieselskab acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 519,258 shares of the transportation company's stock, valued at approximately $51,739,000. PFA Pension Forsikringsaktieselskab owned approximately 0.06% of United Parcel Service at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPS. Brighton Jones LLC increased its position in United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company's stock worth $1,529,000 after purchasing an additional 4,723 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in United Parcel Service in the 2nd quarter valued at about $277,000. SVB Wealth LLC purchased a new stake in United Parcel Service in the 2nd quarter valued at about $848,000. Treasurer of the State of North Carolina grew its holdings in United Parcel Service by 2.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 342,866 shares of the transportation company's stock valued at $34,609,000 after buying an additional 9,124 shares during the period. Finally, Ieq Capital LLC grew its holdings in United Parcel Service by 154.5% in the 2nd quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company's stock valued at $10,580,000 after buying an additional 63,629 shares during the period. Hedge funds and other institutional investors own 60.26% of the company's stock.

Analysts Set New Price Targets

UPS has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of United Parcel Service from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, April 24th. Wells Fargo & Company lifted their price target on shares of United Parcel Service from $96.00 to $110.00 and gave the company an "equal weight" rating in a report on Wednesday, January 28th. Stifel Nicolaus lifted their price target on shares of United Parcel Service from $112.00 to $116.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. TD Cowen boosted their target price on United Parcel Service from $101.00 to $115.00 and gave the stock a "hold" rating in a report on Wednesday, January 28th. Finally, BNP Paribas Exane downgraded shares of United Parcel Service from a "neutral" rating to an "underperform" rating and set a $85.00 target price for the company. in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $112.08.

United Parcel Service Stock Down 1.1%

UPS opened at $107.60 on Friday. The firm has a 50 day moving average price of $103.46 and a 200 day moving average price of $101.79. The company has a market cap of $91.36 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 1.71 and a beta of 1.06. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.22 and a current ratio of 1.21.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.05. The firm had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The company's revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.49 EPS. Sell-side analysts expect that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Profile

United Parcel Service NYSE: UPS is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

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