Summit Global Investments Buys Shares of 3380 United Parcel Service, Inc. (UPS)

Marco Green
December 30, 2017

About 1.37 million shares traded.

Chapter Iv Investors Llc, which manages about $511.34 million and $192.19M US Long portfolio, upped its stake in Range Res Corp (NYSE:RRC) by 225,000 shares to 1.73M shares, valued at $33.76M in 2017Q3, according to the filing. Capital Innovations Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $93.61 billion market cap company. When looking at the past five sessions, the stock returned 0.61% gains and is up by 6.07% compared with its 200-day moving average of $114.94. General Motors Company (NYSE:GM) has risen 7.92% since December 29, 2016 and is uptrending.

Zeke Capital Advisors Llc increased United Parcel Service Inc Cl B (UPS) stake by 55.9% reported in 2017Q3 SEC filing. Ferguson Wellman Capital Management Inc bought 154,098 shares as the company's stock declined 3.26% while stock markets rallied. The transportation company reported $1.45 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $1.45. (NYSE:UPS). Smith Moore Company owns 0.13% invested in United Parcel Service, Inc. The stock increased 0.22% or $0.38 during the last trading session, reaching $171.15. About 62,535 shares traded.

Raymond James Financial Services Advisors Inc. increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.3% during the third quarter, according to its most recent disclosure with the SEC. It has underperformed by 27.65% the S&P500.

Since August 22, 2017, it had 0 insider buys, and 1 insider sale for $2.02 million activity. Wealthfront Inc invested in 20,534 shares or 0.03% of the stock. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. Therefore 40% are positive. Ar Asset reported 141,580 shares stake. Zacks upgraded it to "Hold" rating and $110 target in Tuesday, September 1 report. The company has market cap of $74.01 billion. Rench Wealth Mgmt has invested 1.34% in United Parcel Service, Inc. The rating was maintained by DA Davidson on Monday, September 14 with "Neutral". As per Friday, July 14, the company rating was upgraded by Scotia Capital. (NYSE:PHM) on Wednesday, October 25 with "Buy" rating. Cowen & Co maintained United Parcel Service, Inc. The firm has "Outperform" rating given on Tuesday, February 14 by FBR Capital. Prelude Mngmt Lc stated it has 0.01% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) on Tuesday, September 22 with "Buy" rating.

Investors sentiment decreased to 0.76 in 2017 Q3. Gofen & Glossberg LLC IL grew its holdings in shares of United Parcel Service by 0.5% in the 1st quarter. It worsened, as 66 investors sold GM shares while 322 reduced holdings. 297.03 million shares or 0.55% less from 298.66 million shares in 2017Q2 were reported. Connecticut-based Yhb Invest has invested 0.49% in General Motors Company (NYSE:GM). Toronto Dominion State Bank holds 0.12% in Schlumberger Limited (NYSE:SLB) or 542,091 shares. Livforsakringsbolaget Skandia Omsesidigt owns 13,126 shares. (NYSE:SPG). Barclays Public Limited Company accumulated 731,549 shares.

Marshfield Associates increased its stake in Autozone Inc. First accumulated 19,668 shares or 0.27% of the stock. Timber Hill Llc reported 0.02% of its portfolio in PulteGroup, Inc. Pettyjohn Wood White reported 0.64% stake. Morgan Stanley maintained United Parcel Service, Inc. (NYSE:UPS). Cls Investments holds 0.01% or 3,252 shares. Gershenhorn Alan sold 17,699 shares worth $2.02 million. Nuance Invests Limited Liability Com holds 1.58% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 75,747 shares. (NASDAQ:ALGN) to report earnings on January, 30. UPS's profit would be $1.44B giving it 17.82 P/E if the $1.67 EPS is correct. After $1.01 actual EPS reported by Align Technology, Inc. for the previous quarter, Wall Street now forecasts -4.95% negative EPS growth.

Among 6 analysts covering Ducommun (NYSE:DCO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 77% are positive. Autozone Inc. had 67 analyst reports since August 24, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 12 by Credit Suisse. Robert W. Baird maintained CVS Health Corporation (NYSE:CVS) on Monday, September 25 with "Hold" rating. The firm earned "Buy" rating on Monday, November 13 by Sidoti. The stock of AutoZone, Inc. Noble Financial maintained the stock with "Hold" rating in Friday, November 3 report. Stifel Nicolaus has "Hold" rating and $103.0 target. The rating was maintained by Cowen & Co with "Hold" on Monday, August 21. First PREMIER Bank boosted its stake in shares of United Parcel Service by 5.0% during the second quarter.

Investors sentiment increased to 0.98 in Q3 2017. Its down 0.04, from 0.92 in 2017Q2. It improved, as 10 investors sold Ducommun Incorporated shares while 20 reduced holdings. 46 funds opened positions while 121 raised stakes. (NYSE:UPS). Caprock reported 17,874 shares. Legal General Plc stated it has 0.07% of its portfolio in AutoZone, Inc. (NASDAQ:ALGN). Oregon Employees Retirement Fund holds 0.12% or 39,534 shares. Gsa Cap Partners Llp accumulated 57,799 shares. D E Shaw Company invested in 0.2% or 1.99M shares. Ngam Advsr Lp holds 0.04% in Align Technology, Inc. Federated Investors Pa has 372,387 shares for 0.09% of their portfolio. The company shares sank -0.06% from their peak of $49.62 and now has a $4.73 billion market value of equity. State Of Wisconsin Board invested in 0.19% or 405,417 shares. North Carolina-based Wedge Cap Mngmt L Ltd Partnership Nc has invested 0.01% in Ducommun Incorporated (NYSE:DCO). Gam Holding Ag has 0.06% invested in Simon Property Group, Inc. RBC Capital Markets downgraded the shares of EQT in report on Wednesday, July 5 to "Sector Perform" rating.

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