Cascade Investment Advisors Inc. Has $34,000 Position in United Parcel Service, Inc. (UPS)

Cascade Investment Advisors Inc. lessened its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 30.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 350 shares of the transportation company’s stock after selling 150 shares during the period. Cascade Investment Advisors Inc.’s holdings in United Parcel Service were worth $34,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. Investors Asset Management of Georgia Inc. GA ADV grew its position in United Parcel Service by 2.2% during the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 4,585 shares of the transportation company’s stock worth $447,000 after buying an additional 100 shares in the last quarter. DeDora Capital Inc. grew its position in United Parcel Service by 4.9% during the fourth quarter. DeDora Capital Inc. now owns 2,184 shares of the transportation company’s stock worth $213,000 after buying an additional 103 shares in the last quarter. Gemmer Asset Management LLC lifted its stake in shares of United Parcel Service by 30.3% in the 4th quarter. Gemmer Asset Management LLC now owns 499 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 116 shares during the last quarter. Banced Corp lifted its stake in shares of United Parcel Service by 4.6% in the 4th quarter. Banced Corp now owns 3,102 shares of the transportation company’s stock valued at $303,000 after acquiring an additional 136 shares during the last quarter. Finally, Harbour Capital Advisors LLC lifted its stake in shares of United Parcel Service by 5.7% in the 4th quarter. Harbour Capital Advisors LLC now owns 2,803 shares of the transportation company’s stock valued at $273,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 53.99% of the company’s stock.

A number of research analysts have recently commented on UPS shares. Morgan Stanley increased their price target on United Parcel Service from $92.00 to $93.00 and gave the company a “sell” rating in a research note on Tuesday, October 9th. Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $132.00 price target for the company in a research note on Friday, October 12th. Berenberg Bank reiterated a “neutral” rating and issued a $125.00 price target on shares of United Parcel Service in a research note on Wednesday, October 24th. Goldman Sachs Group reiterated a “buy” rating and issued a $147.00 price target on shares of United Parcel Service in a research note on Wednesday, October 24th. Finally, Bank of America cut United Parcel Service from a “buy” rating to a “neutral” rating in a research note on Thursday, October 25th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $122.47.

NYSE UPS opened at $101.19 on Thursday. The firm has a market capitalization of $87.04 billion, a P/E ratio of 14.51, a P/E/G ratio of 1.41 and a beta of 1.22. United Parcel Service, Inc. has a twelve month low of $89.89 and a twelve month high of $128.97. The company has a debt-to-equity ratio of 6.43, a current ratio of 1.14 and a quick ratio of 1.14.

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United Parcel Service Company Profile

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, 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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