United Parcel Service, Inc. $UPS Stock Position Lifted by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer & Co. Ltd Zurich increased its UPS stake by 306.4% in the third quarter, adding 12,723 shares to hold 16,876 shares valued at about $1.58 million.
• UPS reported quarterly earnings of $1.69 per share on $22.85 billion in revenue; analysts’ consensus rating is Hold, with an average price target of $118.45.
• UPS insider Matthew Guffey sold 8,318 shares at an average price of $105.39, reducing his direct holding by 96.84%.

Bank Julius Baer & Co. Ltd Zurich increased its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 306.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,876 shares of the transportation company's stock after buying an additional 12,723 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich's holdings in United Parcel Service were worth $1,577,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID increased its position in shares of United Parcel Service by 48.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company's stock valued at $30,000 after acquiring an additional 101 shares during the period. Wealth Alliance LLC boosted its holdings in shares of United Parcel Service by 3.5% during the first quarter. Wealth Alliance LLC now owns 3,013 shares of the transportation company's stock worth $296,000 after purchasing an additional 102 shares during the period. Texas Bank & Trust Co grew its stake in shares of United Parcel Service by 1.0% in the first quarter. Texas Bank & Trust Co now owns 10,286 shares of the transportation company's stock worth $1,012,000 after purchasing an additional 106 shares during the last quarter. Midland Wealth Advisors LLC grew its stake in shares of United Parcel Service by 3.8% in the third quarter. Midland Wealth Advisors LLC now owns 2,996 shares of the transportation company's stock worth $280,000 after purchasing an additional 111 shares during the last quarter. Finally, Syon Capital LLC increased its holdings in United Parcel Service by 1.6% during the 2nd quarter. Syon Capital LLC now owns 7,252 shares of the transportation company's stock valued at $780,000 after purchasing an additional 112 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

Shares of UPS stock opened at $114.29 on Thursday. The company has a market capitalization of $97.24 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 1.96 and a beta of 0.98. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.24. United Parcel Service, Inc. has a one year low of $90.84 and a one year high of $122.41. The company's 50-day moving average is $99.65 and its 200 day moving average is $104.68.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The transportation company reported $1.69 earnings per share for the quarter. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. The company had revenue of $22.85 billion during the quarter. Sell-side analysts expect that United Parcel Service, Inc. will post 7.28 EPS for the current fiscal year.

Insider Buying and Selling

In other United Parcel Service news, insider Matthew Guffey sold 8,318 shares of the stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $105.39, for a total transaction of $876,634.02. Following the sale, the insider directly owned 271 shares in the company, valued at approximately $28,560.69. This trade represents a 96.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.19% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on UPS shares. UBS Group raised their price target on United Parcel Service from $124.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, October 28th. Wells Fargo & Company increased their price target on shares of United Parcel Service from $110.00 to $112.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 28th. BNP Paribas Exane lowered their price target on shares of United Parcel Service from $90.00 to $85.00 and set an "underperform" rating for the company in a research report on Wednesday, September 30th. Sanford C. Bernstein cut their price objective on shares of United Parcel Service from $131.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday, October 21st. Finally, Stifel Nicolaus raised their target price on shares of United Parcel Service from $114.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, United Parcel Service presently has a consensus rating of "Hold" and an average price target of $118.45.

More United Parcel Service News

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: UPS reported quarterly earnings of $1.69 per share on $22.85 billion in revenue. Recent coverage points to profit growth, cost savings, and a raised outlook as drivers of the stock’s strength. UPS quarterly earnings
• Positive Sentiment: Margin expansion in U.S. domestic packages is a potential growth driver: UPS says it met its third-quarter margin target and expects sequential improvement in the fourth quarter, following its reduction of Amazon delivery volumes. Fool article on UPS growth
• Positive Sentiment: UPS declared its regular quarterly dividend of $1.64 per share, payable December 3. The continued payout may appeal to income-focused investors. UPS dividend announcement
• Negative Sentiment: The dividend has remained at $1.64 for seven quarters, while reports flag that payouts consume a large share of free cash flow—and may have exceeded it. That raises concerns about dividend growth and coverage, even though UPS has maintained its payout. Article on UPS dividend concerns
• Negative Sentiment: Weak package volumes remain a near-term headwind that could limit the benefit of cost savings and improving margins. Article on UPS outlook and risks

About United Parcel Service

United Parcel Service, Inc NYSE: UPS is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.

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