Bb&T Securities LLC Increases Position in United Parcel Service INC (UPS)

March 23, 2018 - By Louis Casey

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.09, from 1.05 in 2017Q2. It increased, as 46 investors sold UPS shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Ally has invested 0.23% in United Parcel Service, Inc. (NYSE:UPS). Moreover, Davenport Com has 0.06% invested in United Parcel Service, Inc. (NYSE:UPS). Asset Management has invested 0.27% in United Parcel Service, Inc. (NYSE:UPS). Highlander Capital Mgmt Lc reported 3,325 shares. Prudential has 1.12M shares. Blackrock Incorporated holds 43.86 million shares or 0.27% of its portfolio. Wilbanks Smith & Thomas Asset Ltd Company holds 8,339 shares. Waters Parkerson Lc owns 1.18% invested in United Parcel Service, Inc. (NYSE:UPS) for 111,377 shares. Moreover, Interocean Capital Limited Com has 1.55% invested in United Parcel Service, Inc. (NYSE:UPS) for 86,778 shares. Com Of Virginia Va has 6,714 shares for 0.12% of their portfolio. 83,899 are owned by Stillwater Cap Advisors Ltd Liability Co. San Francisco Sentry Investment Group Inc (Ca) holds 5,735 shares or 0.23% of its portfolio. Cleararc Capital Inc holds 17,692 shares or 0.32% of its portfolio. Bancorporation has 10,295 shares. Novare Cap Ltd Liability Com, a North Carolina-based fund reported 1,795 shares.

Since February 26, 2018, it had 0 insider purchases, and 1 insider sale for $480,600 activity.

Bb&T Securities Llc increased its stake in United Parcel Service Inc (UPS) by 11.75% based on its latest 2017Q3 regulatory filing with the SEC. Bb&T Securities Llc bought 60,038 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 571,209 shares of the transportation company at the end of 2017Q3, valued at $68.60 million, up from 511,171 at the end of the previous reported quarter. Bb&T Securities Llc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $89.98B market cap company. The stock increased 0.01% or $0.0068 during the last trading session, reaching $104.4568. About 415,616 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since March 23, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

Bb&T Securities Llc, which manages about $6.38B and $7.35B US Long portfolio, decreased its stake in Paypal Hldgs Inc by 92,674 shares to 78,091 shares, valued at $5.00 million in 2017Q3, according to the filing. It also reduced its holding in General Mls Inc (Call) (NYSE:GIS) by 278,153 shares in the quarter, leaving it with 24,500 shares, and cut its stake in Alps Etf Tr (AMLP).

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

Among 24 analysts covering United Parcel Service (NYSE:UPS), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. United Parcel Service has $148 highest and $79.0 lowest target. $122.76’s average target is 17.52% above currents $104.4568 stock price. United Parcel Service had 72 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was downgraded by Zacks to “Buy” on Friday, August 14. BMO Capital Markets maintained the shares of UPS in report on Thursday, June 1 with “Hold” rating. On Thursday, October 12 the stock rating was maintained by JP Morgan with “Neutral”. Robert W. Baird maintained United Parcel Service, Inc. (NYSE:UPS) on Friday, September 29 with “Hold” rating. The firm earned “Hold” rating on Monday, January 8 by Stephens. The rating was maintained by S&P Research on Tuesday, September 22 with “Buy”. The company was upgraded on Monday, December 4 by Deutsche Bank. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Buy” rating by Citigroup on Tuesday, August 8. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Wednesday, July 5 by BMO Capital Markets. On Wednesday, February 8 the stock rating was upgraded by Aegis Capital to “Buy”.

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