Kentucky Retirement Systems Insurance Coverage Trust Fund Purchases New Holdings in United Parcel Service, Inc. (NYSE: UPS)

Kentucky Retirement Systems Insurance coverage Trust Fund purchased a brand-new stake in United Parcel Service, Inc. ( NYSE: UPS Kentucky Retirement Systems Insurance coverage Trust Fund purchased a brand-new stake in United Parcel Service, Inc. ( NYSE: UPS Free Report) in the 3rd quarter, according to its latest 13F filing with the Securities and Exchange Commission (SEC). The institutional financier purchased 26,368 shares of the transport business’s stock, valued at roughly $4,110,000.

A number of other hedge funds have actually likewise just recently purchased and offered shares of UPS. VisionPoint Advisory Group LLC obtained a brand-new position in United Parcel Service throughout the 2nd quarter worth $25,000. IMA Wealth Inc. increased its stake in shares of United Parcel Service by 100.0% in the 2nd quarter. IMA Wealth Inc. now owns 142 shares of the transport business’s stock valued at $25,000 after purchasing an extra 71 shares in the last quarter. Pacific Center for Financial Solutions obtained a brand-new stake in shares of United Parcel Service in the very first quarter valued at $25,000. Worth Possession Management LLC obtained a brand-new stake in shares of United Parcel Service in the very first quarter valued at $27,000. Lastly, Carolina Wealth Advisors LLC increased its stake in shares of United Parcel Service by 216.0% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 158 shares of the transport business’s stock valued at $28,000 after purchasing an extra 108 shares in the last quarter. 58.45% of the stock is presently owned by institutional financiers and hedge funds.

Expert Rankings Modifications

UPS has actually been the subject of a number of current research study reports. Raymond James reduced their cost target on United Parcel Service from $205.00 to $200.00 and set a “strong-buy” ranking on the stock in a report on Friday, September 29th. Evercore ISI reduced their cost target on United Parcel Service from $185.00 to $179.00 and set an “in-line” ranking on the stock in a report on Tuesday, September 12th. TD Cowen reduced their cost target on United Parcel Service from $190.00 to $185.00 and set a “market carry out” ranking on the stock in a report on Thursday, September 14th. Oppenheimer reduced their cost target on United Parcel Service from $195.00 to $184.00 and set an “outperform” ranking on the stock in a report on Monday, September 18th. Lastly, JPMorgan Chase & & Co. reduced their cost target on United Parcel Service from $186.00 to $178.00 and set a “neutral” ranking on the stock in a report on Wednesday, October 11th. Sixteen equities research study experts have actually ranked the stock with a hold ranking, 5 have actually appointed a buy ranking and one has actually provided a strong buy ranking to the stock. Based upon information from MarketBeat.com, the stock has a typical ranking of “Hold” and a typical cost target of $188.91.

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United Parcel Service Stock Up 0.0 %

Shares of NYSE: UPS traded up $0.03 throughout trading on Tuesday, striking $161.60. 1,252,856 shares of the business were exchanged, compared to its typical volume of 3,417,197. The stock has a market cap of $137.67 billion, a price-to-earnings ratio of 16.35, a P/E/G ratio of 1.85 and a beta of 1.09. United Parcel Service, Inc. has a fifty-two week low of $133.68 and a fifty-two week high of $197.80. The company has a fifty day moving typical cost of $149.76 and a two-hundred day moving typical cost of $163.96. The business has an existing ratio of 1.22, a fast ratio of 1.22 and a debt-to-equity ratio of 0.98.

United Parcel Service ( NYSE: UPS Secure Free Report) last provided its revenues outcomes on Thursday, October 26th. The transport business reported $1.57 EPS for the quarter, topping the agreement price quote of $1.53 by $0.04. United Parcel Service had a return on equity of 43.46% and a net margin of 9.19%. The business had earnings of $21.06 billion throughout the quarter, compared to the agreement price quote of $21.40 billion. Throughout the very same duration in the previous year, the business published $2.99 EPS. The company’s earnings for the quarter was down 12.8% compared to the very same quarter in 2015. As a group, research study experts expect that United Parcel Service, Inc. will publish 8.8 revenues per share for the present .

United Parcel Service Dividend Statement

The company likewise just recently revealed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Monday, November 13th were paid a dividend of $1.62 per share. The ex-dividend date of this dividend was Friday, November 10th. This represents a $6.48 annualized dividend and a dividend yield of 4.01%. United Parcel Service’s dividend payment ratio is presently 65.59%.

About United Parcel Service

( Free Report)

United Parcel Service, Inc, a bundle shipment business, supplies transport and shipment, circulation, agreement logistics, ocean freight, airfreight, customizeds brokerage, and insurance coverage services. It runs through 2 sectors, U.S. Domestic Plan and Worldwide Plan. The U.S. Domestic Plan sector uses time-definite shipment of letters, files, little plans, and palletized freight through air and ground services in the United States.

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

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