United Parcel Service INC (Call) (UPS) Shareholder Susquehanna International Group Llp Has Decreased Its Holding by $38.32 Million as Share Price Rose

October 2, 2018 - By Nellie Frank

United Parcel Service, Inc. (NYSE:UPS) LogoInvestors sentiment decreased to 0.98 in Q2 2018. Its down 0.14, from 1.12 in 2018Q1. It dropped, as 40 investors sold UPS shares while 437 reduced holdings. 107 funds opened positions while 361 raised stakes. 450.56 million shares or 0.85% more from 446.74 million shares in 2018Q1 were reported. Nbt National Bank N A New York invested in 0.14% or 7,516 shares. Oppenheimer And Company has invested 0.11% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Ingalls And Snyder Limited Liability Com reported 4,980 shares. Keybank Association Oh has 0.19% invested in United Parcel Service, Inc. (NYSE:UPS). First Corporation In holds 5,754 shares or 0.43% of its portfolio. Farmers Bank holds 1.05% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 16,163 shares. Amalgamated Retail Bank owns 107,769 shares for 0.28% of their portfolio. M&R Management Inc holds 0.01% or 367 shares in its portfolio. 2.56 million were reported by Mackenzie Fincl. Hanson Mcclain invested in 460 shares or 0% of the stock. Bridges Inv, a Nebraska-based fund reported 24,386 shares. 1.10 million were reported by Southpoint Capital L P. Deltec Asset Lc holds 0.05% or 2,500 shares. Colony Gp owns 6,316 shares. Schroder Investment, Maine-based fund reported 27,064 shares.

Since May 1, 2018, it had 0 insider purchases, and 3 sales for $998,206 activity. Barber James J. had sold 2,500 shares worth $304,858. $170,130 worth of United Parcel Service, Inc. (NYSE:UPS) shares were sold by Brothers Norman M. Jr.

Susquehanna International Group Llp decreased its stake in United Parcel Service Inc (Call) (UPS) by 6.74% based on its latest 2018Q2 regulatory filing with the SEC. Susquehanna International Group Llp sold 361,500 shares as the company’s stock rose 5.09% with the market. The institutional investor held 5.00M shares of the transportation company at the end of 2018Q2, valued at $531.20 million, down from 5.36M at the end of the previous reported quarter. Susquehanna International Group Llp who had been investing in United Parcel Service Inc (Call) for a number of months, seems to be less bullish one the $100.51 billion market cap company. The stock decreased 0.54% or $0.63 during the last trading session, reaching $116.83. About 379,271 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 5.25% since October 2, 2017 and is uptrending. It has underperformed by 10.37% the S&P500.

Susquehanna International Group Llp, which manages about $291.34B US Long portfolio, upped its stake in Nexstar Media Group Inc (Put) (NASDAQ:NXST) by 126,800 shares to 285,700 shares, valued at $20.97 million in 2018Q2, according to the filing. It also increased its holding in Tata Mtrs Ltd (Put) (NYSE:TTM) by 1.06M shares in the quarter, for a total of 1.27M shares, and has risen its stake in Nabors Industries Ltd (NYSE:NBR).

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on October, 25. They expect $1.82 earnings per share, up 25.52 % or $0.37 from last year’s $1.45 per share. UPS’s profit will be $1.57 billion for 16.05 P/E if the $1.82 EPS becomes a reality. After $1.94 actual earnings per share reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts -6.19 % negative EPS growth.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Bizjournals.com which released: “UPS to add jobs in Orlando for the holidays” on September 21, 2018, also Globenewswire.com with their article: “The UPS Foundation To Award $2.6 Million In Environmental Grants” published on September 19, 2018, Globenewswire.com published: “UPS Schedules 3rd Quarter Financial Report For Wednesday, October 24, 2018” on September 26, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Benzinga.com and their article: “KeyBanc Calls UPS Valuation ‘Reasonable'” published on September 27, 2018 as well as Benzinga.com‘s news article titled: “Raymond James Upgrades UPS On Underappreciated Outlook” with publication date: September 04, 2018.

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

Among 10 analysts covering United Parcel (NYSE:UPS), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. United Parcel had 10 analyst reports since April 9, 2018 according to SRatingsIntel. The stock has “Hold” rating by Robert W. Baird on Tuesday, April 10. Stephens maintained the stock with “Hold” rating in Monday, April 9 report. The stock has “Underweight” rating by Morgan Stanley on Thursday, July 26. The firm has “Neutral” rating by Credit Suisse given on Thursday, July 26. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Strong Buy” rating given on Tuesday, September 4 by Raymond James. BMO Capital Markets upgraded it to “Outperform” rating and $128 target in Monday, October 1 report. Bank of America upgraded United Parcel Service, Inc. (NYSE:UPS) on Monday, May 14 to “Buy” rating. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Buy” rating by UBS on Monday, July 16.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

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