Bridgeway Capital Management Lowered United Parcel Service (UPS) Stake; Wallace Capital Management Upped Its Loews (L) Holding

January 14, 2018 - By Dolores Ford

Wallace Capital Management Inc increased Loews Corp (L) stake by 4.41% reported in 2017Q3 SEC filing. Wallace Capital Management Inc acquired 15,291 shares as Loews Corp (L)’s stock declined 2.26%. The Wallace Capital Management Inc holds 361,959 shares with $17.32 million value, up from 346,668 last quarter. Loews Corp now has $17.77B valuation. The stock increased 2.47% or $1.27 during the last trading session, reaching $52.78. About 2.42 million shares traded or 121.45% up from the average. Loews Corporation (NYSE:L) has risen 15.12% since January 14, 2017 and is uptrending. It has underperformed by 1.58% the S&P500.

Bridgeway Capital Management Inc decreased United Parcel Service Inc (UPS) stake by 6.86% reported in 2017Q3 SEC filing. Bridgeway Capital Management Inc sold 8,635 shares as United Parcel Service Inc (UPS)’s stock declined 3.26%. The Bridgeway Capital Management Inc holds 117,178 shares with $14.07 million value, down from 125,813 last quarter. United Parcel Service Inc now has $115.55B valuation. The stock increased 0.47% or $0.63 during the last trading session, reaching $134.09. About 4.21 million shares traded or 42.07% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since January 14, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.31, from 1.31 in 2017Q2. It worsened, as 34 investors sold L shares while 137 reduced holdings. 47 funds opened positions while 124 raised stakes. 196.05 million shares or 0.97% more from 194.17 million shares in 2017Q2 were reported. Profund Advsrs Llc holds 0.01% or 6,463 shares in its portfolio. Advsr Asset Mgmt holds 0% of its portfolio in Loews Corporation (NYSE:L) for 836 shares. Hutchin Hill Capital Ltd Partnership has invested 0.11% in Loews Corporation (NYSE:L). Silvercrest Asset Management Lc reported 7,694 shares stake. Fenimore Asset Inc holds 1.09% or 566,720 shares. Bessemer Group Incorporated holds 125,733 shares. Donald Smith Com has invested 1.65% in Loews Corporation (NYSE:L). Bokf Na invested in 0.01% or 4,765 shares. Cetera Advisor Networks Limited Liability Corp invested in 6,875 shares. Pggm reported 677,650 shares. Moreover, Marshall Wace Limited Liability Partnership has 0.23% invested in Loews Corporation (NYSE:L). Credit Agricole S A owns 66,875 shares. Employees Retirement Of Texas holds 0.01% or 16,000 shares. Northern Tru reported 0.05% stake. Willingdon Wealth Mgmt holds 535 shares or 0.01% of its portfolio.

Among 21 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 12 Hold. Therefore 38% are positive. United Parcel Service had 55 analyst reports since July 29, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Hold” rating in Friday, September 29 report. The firm has “Buy” rating by S&P Research given on Tuesday, September 22. Zacks upgraded United Parcel Service, Inc. (NYSE:UPS) on Thursday, September 17 to “Buy” rating. On Monday, December 4 the stock rating was upgraded by Deutsche Bank to “Buy”. The stock has “Hold” rating by Credit Suisse on Thursday, October 12. Citigroup maintained United Parcel Service, Inc. (NYSE:UPS) rating on Friday, April 29. Citigroup has “Neutral” rating and $109 target. The company was upgraded on Tuesday, September 1 by Zacks. The company was maintained on Wednesday, February 1 by Barclays Capital. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Underweight” rating by Morgan Stanley on Tuesday, February 23. The firm has “Buy” rating by Zacks given on Friday, August 14.

Since August 22, 2017, it had 0 insider buys, and 1 insider sale for $2.02 million activity. On Tuesday, August 22 Gershenhorn Alan sold $2.02 million worth of United Parcel Service, Inc. (NYSE:UPS) or 17,699 shares.

Bridgeway Capital Management Inc increased Federal Agric Mtg Corp (NYSE:AGM) stake by 5,000 shares to 42,200 valued at $3.07M in 2017Q3. It also upped Centene Corp Del (NYSE:CNC) stake by 295,700 shares and now owns 361,500 shares. American Superconductor Corp was raised too.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on January, 30. They expect $1.67 EPS, up 2.45% or $0.04 from last year’s $1.63 per share. UPS’s profit will be $1.44B for 20.07 P/E if the $1.67 EPS becomes a reality. After $1.45 actual EPS reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 15.17% EPS growth.

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