Massmutual Trust Co. FSB ADV Has $4.81 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Massmutual Trust Co. FSB ADV lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 35,153 shares of the transportation company’s stock after selling 1,000 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in United Parcel Service were worth $4,811,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tennessee Valley Asset Management Partners bought a new position in United Parcel Service during the fourth quarter worth about $26,000. Northwest Financial Advisors acquired a new stake in shares of United Parcel Service in the fourth quarter valued at approximately $28,000. Bourgeon Capital Management LLC bought a new stake in shares of United Parcel Service during the 4th quarter worth about $31,000. Security National Bank acquired a new position in United Parcel Service in the 4th quarter valued at $31,000. Finally, Pineridge Advisors LLC bought a new stake in shares of United Parcel Service in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Ratings Changes

UPS has been the topic of a number of research reports. Barclays reduced their price objective on United Parcel Service from $145.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 24th. Susquehanna decreased their price objective on United Parcel Service from $160.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, July 24th. Evercore ISI decreased their target price on United Parcel Service from $157.00 to $145.00 and set an “in-line” rating for the company in a research report on Monday, June 24th. Wells Fargo & Company reduced their price objective on United Parcel Service from $156.00 to $134.00 and set an “overweight” rating for the company in a report on Wednesday, July 24th. Finally, Stifel Nicolaus reduced their target price on United Parcel Service from $170.00 to $151.00 and set a “buy” rating for the company in a report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $154.95.

United Parcel Service Trading Down 1.6 %

United Parcel Service stock traded down $2.06 during midday trading on Monday, reaching $126.00. The stock had a trading volume of 5,240,840 shares, compared to its average volume of 4,278,523. The firm has a market cap of $107.80 billion, a price-to-earnings ratio of 18.34, a PEG ratio of 1.77 and a beta of 0.98. United Parcel Service, Inc. has a twelve month low of $124.80 and a twelve month high of $184.33. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.25 and a quick ratio of 1.04. The firm’s fifty day simple moving average is $136.28 and its two-hundred day simple moving average is $144.50.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.20). United Parcel Service had a net margin of 5.87% and a return on equity of 35.27%. The company had revenue of $21.82 billion during the quarter, compared to the consensus estimate of $22.17 billion. During the same period in the previous year, the business posted $2.54 earnings per share. The firm’s revenue was down 1.1% on a year-over-year basis. Equities analysts anticipate that United Parcel Service, Inc. will post 7.64 EPS for the current fiscal year.

Insider Transactions at United Parcel Service

In related news, Director William R. Johnson purchased 5,000 shares of the business’s stock in a transaction dated Thursday, July 25th. The shares were bought at an average price of $128.61 per share, with a total value of $643,050.00. Following the purchase, the director now directly owns 5,160 shares in the company, valued at approximately $663,627.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is owned by company insiders.

United Parcel Service Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.