United Parcel Service INC (UPS) Holder Finemark National Bank & Trust Lifted Its Holding by $227.58 Million as Share Value Declined

July 17, 2017 - By Ellis Scott

Investors sentiment decreased to 1.04 in Q4 2016. Its down 0.01, from 1.05 in 2016Q3. It worsened, as 49 investors sold UPS shares while 433 reduced holdings. 108 funds opened positions while 392 raised stakes. 457.21 million shares or 1.93% more from 448.58 million shares in 2016Q3 were reported. Roberts Glore Il, Illinois-based fund reported 1,875 shares. Moody Bancshares Division has invested 0.06% in United Parcel Service, Inc. (NYSE:UPS). Sumitomo Mitsui Tru Inc holds 0.37% or 2.00 million shares. Clinton reported 24,512 shares. Gideon accumulated 0.4% or 5,406 shares. Magnetar Ltd Liability Com accumulated 23,976 shares. Matrix Asset Advsr Inc holds 1.04% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 53,335 shares. Baldwin Brothers Incorporated Ma, Massachusetts-based fund reported 312 shares. Mitchell Sinkler Starr Pa holds 1.22% or 7,575 shares in its portfolio. Valley Advisers reported 0.74% stake. Lynch And Associates In owns 154,989 shares. Live Your Vision Lc has invested 0% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Foothills Asset Management Limited invested in 1.9% or 21,575 shares. 112,501 are owned by Waters Parkerson Lc. Hightower Advsr holds 811,421 shares.

Since February 24, 2017, it had 0 buys, and 2 selling transactions for $686,820 activity. 4,500 United Parcel Service, Inc. (NYSE:UPS) shares with value of $471,840 were sold by McClure Teri P.

Finemark National Bank & Trust increased its stake in United Parcel Service Inc (UPS) by 2075.84% based on its latest 2016Q4 regulatory filing with the SEC. Finemark National Bank & Trust bought 2.00 million shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 2.09M shares of the transportation company at the end of 2016Q4, valued at $239.89 million, up from 96,170 at the end of the previous reported quarter. Finemark National Bank & Trust who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $98.02B market cap company. The stock declined 0.63% or $0.71 reaching $111.7 on the news. About 1.03 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since July 17, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Finemark National Bank & Trust, which manages about $1.25 billion US Long portfolio, decreased its stake in Alphabet Inc by 5,468 shares to 15,220 shares, valued at $11.75 million in 2016Q4, according to the filing.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Seekingalpha.com which released: “How Amazon is Helping UPS in its Business” on July 05, 2017, also Reuters.com with their article: “UPS to levy holiday surcharges to battle e-commerce costs” published on June 19, 2017, Bizjournals.com published: “UPS’s new vehicles are tiny — and Teamsters object” on June 30, 2017. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Bizjournals.com and their article: “UPS to give new package handlers a big weekly bonus” published on July 07, 2017 as well as Fool.com‘s news article titled: “3 Great Reasons to Buy United Parcel Service Stock” with publication date: July 13, 2017.

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

Among 16 analysts covering United Parcel Service (NYSE:UPS), 5 have Buy rating, 1 Sell and 10 Hold. Therefore 31% are positive. United Parcel Service had 27 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating by BMO Capital Markets given on Thursday, June 1. Bank of America downgraded United Parcel Service, Inc. (NYSE:UPS) on Wednesday, February 22 to “Neutral” rating. The firm earned “Market Perform” rating on Friday, April 29 by Cowen & Co. The stock has “Buy” rating by S&P Research on Tuesday, September 22. The firm has “Buy” rating given on Thursday, September 17 by Zacks. The firm has “Hold” rating by Zacks given on Tuesday, August 25. Zacks downgraded United Parcel Service, Inc. (NYSE:UPS) on Friday, August 14 to “Buy” rating. The rating was maintained by Macquarie Research with “Neutral” on Wednesday, October 28. Oppenheimer maintained United Parcel Service, Inc. (NYSE:UPS) rating on Wednesday, February 3. Oppenheimer has “Outperform” rating and $109 target. The stock has “Neutral” rating by JP Morgan on Tuesday, December 13.

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