Southport Management Lowered By $480,000 Its Blackstone Group LP (BX) Position; United Parcel Service, Inc. (UPS) Had 11 Bullish Analysts

April 21, 2018 - By Ellis Scott

United Parcel Service, Inc. (NYSE:UPS) Logo

Southport Management Llc decreased Blackstone Group LP (BX) stake by 17.65% reported in 2017Q4 SEC filing. Southport Management Llc sold 15,000 shares as Blackstone Group LP (BX)’s stock declined 3.02%. The Southport Management Llc holds 70,000 shares with $2.24M value, down from 85,000 last quarter. Blackstone Group LP now has $38.29 billion valuation. The stock increased 0.34% or $0.11 during the last trading session, reaching $32.23. About 3.44M shares traded. The Blackstone Group L.P. (NYSE:BX) has risen 7.37% since April 21, 2017 and is uptrending. It has underperformed by 4.18% the S&P500.

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 had 74 analyst reports since July 29, 2015 according to SRatingsIntel. Robert W. Baird maintained United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, February 1. Robert W. Baird has “Hold” rating and $127.0 target. Stifel Nicolaus maintained the shares of UPS in report on Thursday, July 27 with “Hold” rating. Bank of America downgraded the stock to “Neutral” rating in Wednesday, February 22 report. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, October 27. Robert W. Baird maintained United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, August 24. Robert W. Baird has “Hold” rating and $118.0 target. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Hold” rating by BMO Capital Markets on Thursday, June 1. Robert W. Baird maintained the shares of UPS in report on Tuesday, April 10 with “Hold” rating. The company was downgraded on Friday, August 14 by Zacks. The firm has “Buy” rating given on Tuesday, August 8 by Citigroup. The firm earned “Market Perform” rating on Wednesday, February 1 by BMO Capital Markets. See United Parcel Service, Inc. (NYSE:UPS) latest ratings:

10/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $120.0000 Maintain
09/04/2018 Broker: Stephens Rating: Hold New Target: $126.0000 Maintain
07/03/2018 Broker: Loop Capital Old Rating: Buy New Rating: Buy Old Target: $131 New Target: $135 Maintain
06/03/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy New Target: $121 Upgrade
26/02/2018 Broker: Loop Capital Old Rating: Hold New Rating: Buy Old Target: $128 Upgrade
23/02/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Downgrade
20/02/2018 Broker: Edward Jones Rating: Buy Upgrade
20/02/2018 Broker: Oppenheimer Rating: Buy New Target: $126.0 Maintain
16/02/2018 Broker: Edward Jones Old Rating: Hold New Rating: Buy Upgrade
11/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $119.0 Maintain

Investors sentiment increased to 1.23 in 2017 Q4. Its up 0.09, from 1.14 in 2017Q3. It improved, as 59 investors sold United Parcel Service, Inc. shares while 372 reduced holdings. 107 funds opened positions while 422 raised stakes. 448.80 million shares or 0.57% less from 451.38 million shares in 2017Q3 were reported. Jpmorgan Chase owns 895,601 shares. Ferguson Wellman Capital Inc has 326,787 shares. Livforsakringsbolaget Skandia Omsesidigt holds 10,426 shares. Brookstone Cap holds 0.6% in United Parcel Service, Inc. (NYSE:UPS) or 56,108 shares. Redmond Asset Mgmt owns 0.19% invested in United Parcel Service, Inc. (NYSE:UPS) for 3,734 shares. Perigon Wealth Mngmt Ltd Limited Liability Company owns 140 shares for 0.01% of their portfolio. Gyroscope Cap Mgmt Grp Inc Lc accumulated 120,000 shares. Miracle Mile Ltd Liability Corporation invested in 2,482 shares. 32,672 are owned by Gamble Jones Investment Counsel. Naples Glob Advsr Ltd Co holds 0.6% in United Parcel Service, Inc. (NYSE:UPS) or 17,042 shares. Hightower Limited Liability Com owns 828,897 shares or 0.81% of their US portfolio. Evermay Wealth Mgmt Ltd stated it has 2,031 shares. Flippin Bruce Porter has invested 1.12% in United Parcel Service, Inc. (NYSE:UPS). Live Your Vision Ltd Liability Co has 68 shares for 0% of their portfolio. Barclays Public Ltd Com accumulated 600,611 shares.

The stock decreased 1.03% or $1.13 during the last trading session, reaching $108.55. About 3.63 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 2.49% since April 21, 2017 and is downtrending. It has underperformed by 14.04% the S&P500.

Since February 26, 2018, it had 0 insider buys, and 1 sale for $480,600 activity. McClure Teri P had sold 4,500 shares worth $480,600.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. The company has market cap of $93.51 billion. It operates in three divisions: U.S. It has a 19.35 P/E ratio. Domestic Package, International Package, and Supply Chain & Freight.

Since December 13, 2017, it had 0 buys, and 5 insider sales for $18.59 million activity. HILL J TOMILSON sold $1.80 million worth of stock. Finley John G also sold $751,300 worth of The Blackstone Group L.P. (NYSE:BX) on Friday, February 23.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.24, from 1.24 in 2017Q3. It dived, as 59 investors sold BX shares while 154 reduced holdings. 49 funds opened positions while 165 raised stakes. 298.48 million shares or 9.36% more from 272.94 million shares in 2017Q3 were reported. Moreover, Dnb Asset Mgmt As has 0.03% invested in The Blackstone Group L.P. (NYSE:BX) for 84,553 shares. Reilly Llc reported 210 shares. Hilton Cap Mgmt Ltd has 12,480 shares. Mycio Wealth Prns Ltd Liability Corporation holds 0.09% of its portfolio in The Blackstone Group L.P. (NYSE:BX) for 25,100 shares. Massachusetts Company Ma accumulated 12.64M shares or 0.17% of the stock. Barclays Public Ltd Com holds 0.01% in The Blackstone Group L.P. (NYSE:BX) or 316,810 shares. Rosenblum Silverman Sutton S F Ca invested in 0.55% or 47,800 shares. First Interstate Retail Bank reported 12,060 shares or 0.08% of all its holdings. Hm Payson reported 18,084 shares. Gofen And Glossberg Lc Il owns 20,300 shares for 0.02% of their portfolio. Highlander Capital Mgmt Limited Liability holds 31,450 shares. River Mercantile Asset Management Ltd Liability Partnership stated it has 100,495 shares. The California-based Ar Asset Mngmt has invested 0.14% in The Blackstone Group L.P. (NYSE:BX). Johnson Inv Counsel accumulated 17,134 shares. Ashfield Capital Prtnrs Ltd Liability Com holds 0.19% or 45,157 shares.

Among 19 analysts covering The Blackstone Group L.P. (NYSE:BX), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. The Blackstone Group L.P. had 64 analyst reports since August 9, 2015 according to SRatingsIntel. Bank of America downgraded The Blackstone Group L.P. (NYSE:BX) on Tuesday, December 8 to “Neutral” rating. The firm has “Buy” rating given on Thursday, October 19 by Keefe Bruyette & Woods. The company was maintained on Thursday, February 1 by Keefe Bruyette & Woods. JMP Securities maintained the stock with “Buy” rating in Thursday, July 20 report. The firm earned “Hold” rating on Friday, July 21 by Deutsche Bank. The rating was maintained by Argus Research with “Buy” on Tuesday, October 27. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, September 28. The rating was upgraded by Oppenheimer on Friday, October 16 to “Outperform”. The firm has “Buy” rating by Oppenheimer given on Sunday, April 15. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, January 10 report.

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

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