Economy

United Parcel Service, Inc. (UPS) Shares Down 6.8% on Disappointing Earnings

The Advisors Preferred Llc holds 4,252 shares with $487,000 value, up from 887 last quarter. Facebook Inc now has $503.91B valuation. United Parcel Service, Inc. has 863.11 million shares outstanding, and in the last trade has seen ATR around 1.16. Currently, 396.73 million total shares are owned by the public and among those 396.73 million shares have been available to trade. (NYSE:UPS)'s Buy count is 0 and Strong Buy is 2 while the number of analysts recommending Sell and Strong Sell are 0 and 13, respectively. It has outperformed by 24.73% the S&P500.

Advisors Preferred Llc increased United Parcel Service Inc (UPS) stake by 379.37% reported in 2016Q4 SEC filing. Financial Architects Inc now owns 1,136 shares of the company's stock worth $124,000 after buying an additional 202 shares in the last quarter. The stock of United Parcel Service, Inc. The stock's last price was higher from the average trading price of 50 days recorded at $178.62 while enlarging the period to 200 trading days, the average price was $162.57. Oppenheimer Holdings, Inc. reaffirmed an "outperform" rating and issued a $116.00 price objective on shares of United Parcel Service in a research note on Friday, May 19th. (UPS) has risen 2.10% since September 11, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Smead Capital Management Inc decreased Merck & Co Inc (NYSE:MRK) stake by 152,998 shares to 1.19 million valued at $70.18M in 2016Q4. It also reduced Guggenheim Bulletshares 2016 Corporate Bond Etf (BSCG) stake by 58,450 shares and now owns 51,840 shares. Kcg Holdg Inc stated it has 0.01% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN).

Since March 14, 2017, it had 0 buys, and 36 sales for $1.04 billion activity.

Investors sentiment increased to 0.96 in Q4 2016. Its down 0.01, from 1.05 in 2016Q3. Mufg Americas Holdg invested in 217,764 shares. 12 funds opened positions while 12 raised stakes. Moreover, Lpl Fincl Lc has 0.01% invested in MFS Intermediate Income Trust (NYSE:MIN) for 264,819 shares. 579,385 were accumulated by Invesco. Wilbanks Smith And Thomas Asset Mgmt Ltd Liability Company accumulated 8,912 shares. (NYSE:UPS). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 166,057 shares or 0.2% of all its holdings. Caprock Gru has 15,771 shares for 0.45% of their portfolio. Payden & Rygel invested 0.01% in MFS Intermediate Income Trust (NYSE:MIN). United Bank Inc. now owns 47,843 shares of the transportation company's stock worth $5,134,000 after buying an additional 2,927 shares during the period. Asset Mngmt Inc holds 0.11% or 121,581 shares.

In other news, insider James J. Barber sold 3,556 shares of the company's stock in a transaction on Monday, July 31st. Therefore 23% are positive.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, July 27th.

In other news, EVP Alan Gershenhorn sold 17,699 shares of the firm's stock in a transaction on Tuesday, August 22nd. Barclays Capital initiated it with "Overweight" rating and $122 target in Thursday, December 15 report. The firm has "Equal-Weight" rating by Morgan Stanley given on Wednesday, May 11. Stifel Nicolaus maintained it with "Hold" rating and $8500 target in Wednesday, July 19 report. The stock has "Hold" rating by Cowen & Co on Monday, August 21. The stock of United Parcel Service, Inc. Therefore 33% are positive.

United Parcel Service, Inc. most recently reported earnings per share (EPS) of $1.58 for the June 2017 versus $1.43 in the same quarter previous year, representing 10% growth. As per Tuesday, September 1, the company rating was upgraded by Zacks. The shares were sold at an average price of $114.10, for a total value of $2,019,455.90. The stock has "Hold" rating by Deutsche Bank on Wednesday, November 2. The stock of United Parcel Service, Inc. (NYSE:UPS) on Tuesday, September 5 with "Hold" rating. Seaport Global Securities initiated coverage on United Parcel Service in a research note on Tuesday, June 6th. The firm has "Neutral" rating by Bank of America given on Wednesday, February 22. The stock has "Buy" rating by S&P Research on Tuesday, September 22.

Since June 5, 2017, it had 0 insider buys, and 1 sale for $214,980 activity. Gutmann Kathleen M. had sold 2,000 shares worth $214,980.

Investors sentiment decreased to 1.04 in Q4 2016. Its up 0.04, from 1.11 in 2016Q3.

Several hedge funds have recently added to or reduced their stakes in the company. The transportation company reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.12. (NYSE:UPS) news were published by: Seekingalpha.com which released: "United Parcel Service: Safe DGI Opportunity" on August 29, 2017, also Wsj.com with their article: "Teamsters Replace Their UPS Negotiator Before Contract Talks" published on September 07, 2017, Reuters.com published: "UPS, FedEx resume operations in some parts of storm-battered Texas" on August 31, 2017. Godshalk Welsh Cap Management holds 0.95% of its portfolio in United Parcel Service, Inc. Foster And Motley accumulated 11,240 shares or 0.25% of the stock. On average, equities research analysts expect that United Parcel Service, Inc. will post $6.01 earnings per share for the current year. (NYSE:UPS) or 45,266 shares. First Bancorp Na holds 0.86% or 38,373 shares in its portfolio. (NYSE:UPS). Shelton Mgmt has invested 0.57% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Voloridge Invest Mngmt Ltd Llc holds 0.1% or 40,152 shares. Hendershot Invests holds 79,948 shares or 4.39% of its portfolio. Dillon And reported 41,095 shares. Renaissance Gp Limited Liability Corp has 1.21% invested in United Parcel Service, Inc.



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