Smith Chas P & Associates Pa Cpas Boosted Stake in United Parcel Service Cl B (UPS) as Stock Declined

January 14, 2018 - By Michael Collier

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold UPS shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Parsec Financial Management Inc has invested 0.57% in United Parcel Service, Inc. (NYSE:UPS). Professional Advisory Svcs, a Florida-based fund reported 142,139 shares. The New York-based Evercore Wealth Mgmt Limited Liability has invested 0.36% in United Parcel Service, Inc. (NYSE:UPS). Bessemer Group Incorporated invested in 29,754 shares. Sun Life Financial Inc has invested 0.14% in United Parcel Service, Inc. (NYSE:UPS). Pinnacle Assoc Limited reported 31,060 shares or 0.07% of all its holdings. 2,979 were accumulated by Cap One Natl Association. Culbertson A N And owns 16,215 shares for 0.59% of their portfolio. Convergence Invest Prns Lc holds 0.15% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 8,878 shares. First Merchants Corporation holds 15,686 shares or 0.33% of its portfolio. Excalibur Mgmt invested in 0.76% or 7,498 shares. Eaton Vance Mngmt reported 1.51M shares or 0.47% of all its holdings. Columbus Circle Investors stated it has 40,759 shares or 0.08% of all its holdings. Whittier owns 53,273 shares or 0.23% of their US portfolio. Beech Hill Advsrs invested in 2.01% or 31,800 shares.

Since August 22, 2017, it had 0 insider purchases, and 1 insider sale for $2.02 million activity.

Smith Chas P & Associates Pa Cpas increased its stake in United Parcel Service Cl B (UPS) by 1921.32% based on its latest 2017Q3 regulatory filing with the SEC. Smith Chas P & Associates Pa Cpas bought 58,946 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 62,014 shares of the transportation company at the end of 2017Q3, valued at $7.45M, up from 3,068 at the end of the previous reported quarter. Smith Chas P & Associates Pa Cpas who had been investing in United Parcel Service Cl B for a number of months, seems to be bullish on the $115.55B market cap company. The stock increased 0.47% or $0.63 during the last trading session, reaching $134.09. About 4.21M shares traded or 42.07% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since January 14, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Seekingalpha.com which released: “UPS office staff out on delivery” on December 25, 2017, also Usnews.com with their article: “UPS Bets Big on the Tesla Semi” published on December 19, 2017, Bizjournals.com published: “Mechanics to McConnell: UPS execs got raises, but we didn’t” on January 11, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Cnbc.com and their article: “Return to Santa: Consumers are sending more than a million packages a day back …” published on December 27, 2017 as well as Seekingalpha.com‘s news article titled: “UPS: If The Founders Were Alive Today” with publication date: January 01, 2018.

United Parcel Service, Inc. (NYSE:UPS) Ratings Coverage

Among 21 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 12 Hold. Therefore 38% are positive. United Parcel Service had 55 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Wednesday, November 2 by Deutsche Bank. The rating was upgraded by Aegis Capital on Wednesday, February 8 to “Buy”. Argus Research maintained United Parcel Service, Inc. (NYSE:UPS) rating on Tuesday, August 2. Argus Research has “Buy” rating and $125 target. As per Friday, April 29, the company rating was maintained by Citigroup. Robert W. Baird maintained United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, August 24. Robert W. Baird has “Hold” rating and $118.0 target. On Friday, October 27 the stock rating was maintained by Robert W. Baird with “Hold”. The firm earned “Buy” rating on Monday, January 8 by Deutsche Bank. BMO Capital Markets maintained United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, November 30. BMO Capital Markets has “Hold” rating and $130.0 target. BMO Capital Markets maintained the stock with “Market Perform” rating in Friday, October 27 report. On Wednesday, September 20 the stock rating was maintained by Oppenheimer with “Buy”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: