First Foundation Advisors Continues to Hold Holding in United Parcel Service INC (UPS)

February 15, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.09, from 1.05 in 2017Q2. It increased, 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. South Dakota Invest Council holds 0.26% or 104,820 shares. Ruggie Cap Group holds 100 shares. Cap Rech Global Investors accumulated 250,000 shares or 0.01% of the stock. Weiss Multi owns 52,500 shares. Cibc Bancorp Usa reported 7,644 shares. 3,975 are held by Hm Payson. Da Davidson And reported 0.22% in United Parcel Service, Inc. (NYSE:UPS). Dean Investment Assocs Limited Liability stated it has 0.21% in United Parcel Service, Inc. (NYSE:UPS). Halsey Associate Ct invested in 102,254 shares. Regent Inv Mgmt Ltd Llc owns 1,839 shares. Zeke Advisors Limited Co has 15,294 shares. 14,432 were reported by Argi Investment Llc. South State invested in 42,509 shares. Riverpoint Cap Limited Com stated it has 8,200 shares or 0.06% of all its holdings. New England Private Wealth Advisors Limited Com owns 4,560 shares.

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

First Foundation Advisors increased its stake in United Parcel Service Inc (UPS) by 20.48% based on its latest 2017Q3 regulatory filing with the SEC. First Foundation Advisors bought 97,772 shares as the company’s stock declined 3.26% while stock markets rallied. The hedge fund held 575,101 shares of the transportation company at the end of 2017Q3, valued at $69.06 million, up from 477,329 at the end of the previous reported quarter. First Foundation Advisors who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $92.48B market cap company. The stock increased 0.98% or $1.05 during the last trading session, reaching $107.65. About 3.28M shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since February 15, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

First Foundation Advisors, which manages about $3.20B and $1.76B US Long portfolio, decreased its stake in Monsanto Co (NYSE:MON) by 105,243 shares to 49,125 shares, valued at $5.89 million in 2017Q3, according to the filing. It also reduced its holding in Nielsen Holdings Plc by 217,535 shares in the quarter, leaving it with 323,485 shares, and cut its stake in Doubleline Income Solutions Cl (DSL).

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: which released: “United Parcel Service, Inc. (UPS) Ex-Dividend Date Scheduled for February 16, 2018” on February 15, 2018, also with their article: “UPS: Buy On This Weakness” published on February 06, 2018, published: “UPS is shipping how many flowers for Valentine’s Day?” on February 13, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: and their article: “Is UPS A Good Investment?” published on February 12, 2018 as well as‘s news article titled: “UPS Extends Longest Losing Streak Since 2012 on E-Commerce Worry” with publication date: February 08, 2018.

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

Among 23 analysts covering United Parcel Service (NYSE:UPS), 9 have Buy rating, 1 Sell and 13 Hold. Therefore 39% are positive. United Parcel Service had 65 analyst reports since July 29, 2015 according to SRatingsIntel. BMO Capital Markets maintained United Parcel Service, Inc. (NYSE:UPS) on Thursday, June 1 with “Hold” rating. Loop Capital maintained the shares of UPS in report on Friday, October 27 with “Hold” rating. The rating was downgraded by Bank of America on Wednesday, February 22 to “Neutral”. Deutsche Bank initiated the stock with “Hold” rating in Wednesday, November 2 report. The company was maintained on Thursday, August 24 by Robert W. Baird. Zacks upgraded United Parcel Service, Inc. (NYSE:UPS) on Tuesday, August 25 to “Hold” rating. The stock has “Hold” rating by Stifel Nicolaus on Thursday, February 1. Susquehanna maintained it with “Hold” rating and $147.0 target in Wednesday, January 17 report. The stock has “Hold” rating by BMO Capital Markets on Wednesday, July 5. Cowen & Co maintained the stock with “Hold” rating in Monday, October 23 report.

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