United Parcel Service, Inc. (UPS) Stake Lessened by Woodmont Investment Counsel LLC

Marco Green
January 13, 2018

Bronson Point Management Llc who had been investing in Golar Lng Ltd Bermuda for a number of months, seems to be bullish on the $2.99B market cap company. After the latest check-in, company stock is 2.30% off of the 50 day high and 19.91% away from the 50 day low price. About 3.26M shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 131.00% since January 12, 2017 and is uptrending. It has underperformed by 13.93% the S&P500. The correct version of this article can be accessed at https://weekherald.com/2018/01/12/kornitzer-capital-management-inc-ks-trims-position-in-united-parcel-service-inc-ups.html. Carlton Hofferkamp & Jenks Wealth Management Llc bought 2,575 shares as the company's stock declined 3.26% while stock markets rallied. The company now has an average rating of "Hold" and a consensus price target of $123.09.

United Parcel Service, Inc (UPS) is a package delivery company.

Before trading, trader, investor or shareholder must have an eye on stock's historical performance. Over the last five days, shares have managed 4.9% gains and now is up 18% since hitting its 200-day moving average of $116.02. The firm's quarterly revenue was up 7.0% on a year-over-year basis. analysts predict that United Parcel Service, Inc. will post 6 EPS for the current year. (NYSE:UPS) for 20,071 shares. It has underperformed by 14.60% the S&P500. After $-0.52 actual EPS reported by Willbros Group, Inc. for the previous quarter, Wall Street now forecasts -84.62% EPS growth. Therefore 17% are positive. Hanesbrands Inc. has 52-Week high of $25.73 and 52-Week Low of $18.9. United Parcel Service has an average rating of "Hold" and an average target price of $123.09. Finally, JPMorgan Chase & Co. increased their price objective on shares of United Parcel Service from $113.00 to $114.00 and gave the company a "neutral" rating in a research report on Thursday, October 12th. The rating was maintained by Robert W. Baird on Thursday, October 5 with "Hold". RBC Capital Markets maintained Equity Residential (NYSE:EQR) on Friday, October 20 with "Hold" rating.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at $133.46 on Friday. The rating was maintained by BMO Capital Markets on Friday, October 27 with "Market Perform". Stifel Nicolaus maintained United Parcel Service, Inc. The rating was maintained by Jefferies with "Hold" on Wednesday, August 2. The rating was maintained by Cowen & Co with "Buy" on Tuesday, December 12. Alliancebernstein L P reported 0.11% of its portfolio in United Parcel Service, Inc. The firm has "Hold" rating given on Thursday, August 24 by Robert W. Baird. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%.

UPS has been the topic of a number of research reports. Piper Jaffray maintained it with "Buy" rating and $110.0 target in Tuesday, August 15 report. BMO Capital Markets initiated coverage on shares of United Parcel Service in a research report on Thursday, November 17th.

The stock increased 0.80% or $0.01 during the last trading session, reaching $1.26.

Since August 22, 2017, it had 0 insider purchases, and 1 insider sale for $2.02 million activity. It improved, as 46 investors sold United Parcel Service, Inc. shares while 390 reduced holdings.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported.

City has invested 0.99% in United Parcel Service, Inc.

Weiss Multi-Strategy Advisers Llc increased Discover Finl Services (Call) (NYSE:DFS) stake by 167,146 shares to 183,000 valued at $11.80 million in 2017Q3. South Dakota-based Dorsey & Whitney Tru Ltd Liability Company has invested 1.5% in United Parcel Service, Inc. (NYSE:UPS). 2,757 are held by First Personal Fincl Serv. Credit Suisse Group reiterated a "hold" rating and set a $110.00 target price on shares of United Parcel Service in a research report on Sunday.

United Parcel Service, Inc. Profit Inv invested in 0.36% or 3,455 shares. Lansdowne Prtnrs (Uk) Llp owns 27,492 shares or 0.03% of their United States portfolio. California State Teachers Retirement invested in 0.23% or 1.13M shares. United Parcel Service's quarterly revenue was up 7.0% compared to the same quarter past year. Soros Fund Mgmt Ltd Liability holds 0.12% or 100,000 shares. Ibm Retirement Fund holds 17,153 shares. Finally, Deutsche Bank raised shares of United Parcel Service from a "hold" rating to a "buy" rating and raised their price target for the company from $125.00 to $135.00 in a research note on Monday, December 4th. Royal Bancorporation Of Canada has invested 0% in Freshpet, Inc. 15,017 are held by Cetera Lc. Therefore 23% are positive. The target implies a 21.81% spike from where the shares are now trading. Price Target plays a critical role when it comes to the analysis of a Stock. Union First Market Bankshares Corporation had 28 analyst reports since July 22, 2015 according to SRatingsIntel. Citigroup maintained The Mosaic Company (NYSE:MOS) on Thursday, November 2 with "Neutral" rating.

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