As United Parcel Service (UPS) Stock Value Declined, Brookmont Capital Management Increased by $2.77 Million Its Holding; First Pacific Advisors Has Upped General Electric Company (GE) Position by $488,461

May 24, 2018 - By Ash

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

Robert Rodriguez increased its stake in General Electric Company (GE) by 0.29% based on its latest 2017Q4 regulatory filing with the SEC. First Pacific Advisors Llc bought 28,733 shares as the company’s stock declined 23.20% with the market. The hedge fund run by Robert Rodriguez held 9.79M shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $170.90 million, up from 9.76M at the end of the previous reported quarter. First Pacific Advisors Llc who had been investing in General Electric Company for a number of months, seems to be bullish on the $126.29 billion market cap company. The stock increased 2.54% or $0.36 during the last trading session, reaching $14.54. About 75.14 million shares traded or 3.50% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since May 24, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Brookmont Capital Management increased its stake in United Parcel Service Inc (UPS) by 56.79% based on its latest 2017Q4 regulatory filing with the SEC. Brookmont Capital Management bought 23,266 shares as the company’s stock declined 13.88% with the market. The institutional investor held 64,235 shares of the transportation company at the end of 2017Q4, valued at $7.65 million, up from 40,969 at the end of the previous reported quarter. Brookmont Capital Management who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $99.59B market cap company. The stock increased 0.26% or $0.3 during the last trading session, reaching $115.58. About 1.09 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 2.49% since May 24, 2017 and is downtrending. It has underperformed by 14.04% the S&P500.

First Pacific Advisors Llc, which manages about $28.26 billion and $13.37 billion US Long portfolio, decreased its stake in Express Scripts Holding Co (NASDAQ:ESRX) by 47,850 shares to 6,250 shares, valued at $466,000 in 2017Q4, according to the filing. It also reduced its holding in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) by 612,176 shares in the quarter, leaving it with 2.85M shares, and cut its stake in Allergan Plc.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 103 analyst reports since July 21, 2015 according to SRatingsIntel. J.P. Morgan maintained General Electric Company (NYSE:GE) rating on Thursday, March 29. J.P. Morgan has “Sell” rating and $1100 target. As per Wednesday, December 23, the company rating was maintained by Argus Research. On Tuesday, November 14 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. The rating was maintained by J.P. Morgan with “Sell” on Monday, October 9. The stock of General Electric Company (NYSE:GE) earned “Sell” rating by J.P. Morgan on Monday, April 9. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Monday, April 24 by RBC Capital Markets. The company was maintained on Thursday, October 19 by Cowen & Co. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Tuesday, January 16 by Vertical Research. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by RBC Capital Markets on Monday, November 30. The firm has “Market Perform” rating by Bernstein given on Tuesday, July 26.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dived, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Moreover, Fin Consulate has 1.41% invested in General Electric Company (NYSE:GE). Kidder Stephen W, a Massachusetts-based fund reported 88,166 shares. Los Angeles Management Equity has 570,300 shares for 0.05% of their portfolio. Summit Fincl Wealth Advisors Limited Company reported 15,203 shares. Penobscot Inv Mngmt Company owns 81,460 shares. Cypress Asset Mngmt Tx stated it has 284,098 shares. Carret Asset Mngmt Ltd Liability Corporation holds 0.99% in General Electric Company (NYSE:GE) or 363,213 shares. Palladium Partners Limited Com stated it has 271,837 shares or 0.34% of all its holdings. Moreover, Sii Investments Inc Wi has 0.13% invested in General Electric Company (NYSE:GE) for 71,227 shares. Rosenblum Silverman Sutton S F Incorporated Ca invested in 0.67% or 106,660 shares. Nordea Inv Management stated it has 4.27M shares. Td Cap Management Ltd has 8,028 shares. Jefferies Grp Incorporated Ltd Liability Corp owns 903,985 shares for 0.07% of their portfolio. Norris Perne & French Limited Liability Partnership Mi holds 10,445 shares. 171,058 are held by Harvey Ltd Llc.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Reuters: GE considering sale of insurance business” on May 22, 2018, also Investorplace.com with their article: “Thursday’s Vital Data: General Electric Company (GE), Netflix, Inc. (NFLX) and JD.com Inc(ADR) (JD)” published on May 24, 2018, Seekingalpha.com published: “GE: Exhaustion In A Corporate Restructuring” on May 21, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Finance.Yahoo.com and their article: “Tuesday’s Vital Data: General Electric Company (GE), Micron Technology, Inc. (MU) and Chesapeake Energy …” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric: Selling Low?” with publication date: May 17, 2018.

Since January 26, 2018, it had 1 insider buy, and 0 selling transactions for $43,446 activity.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.09, from 1.14 in 2017Q3. It increased, as 59 investors sold UPS 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. 269,059 are owned by Bb&T. Susquehanna Llp holds 0.02% or 470,453 shares. Tiverton Asset Mgmt Ltd accumulated 0.09% or 11,452 shares. Edgar Lomax Va accumulated 1.31% or 161,445 shares. 46,679 were reported by Murphy Cap Management. Bridges Inv Counsel accumulated 2,605 shares or 0.17% of the stock. Edge Wealth Llc holds 12,035 shares or 0.41% of its portfolio. Northern accumulated 9.30M shares or 0.28% of the stock. 306,196 were reported by Conning. Concorde Asset Mngmt Ltd Llc reported 0.28% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Mariner Wealth Advisors Ltd Liability has 0.95% invested in United Parcel Service, Inc. (NYSE:UPS) for 206,478 shares. Ls Inv Advsrs Llc invested in 27,437 shares. Bnp Paribas Arbitrage Sa owns 202,785 shares or 0.04% of their US portfolio. Moreover, Tortoise Invest Mgmt Ltd Com has 0% invested in United Parcel Service, Inc. (NYSE:UPS) for 55 shares. Woodmont Investment Counsel Ltd Llc invested 0.3% in United Parcel Service, Inc. (NYSE:UPS).

Brookmont Capital Management, which manages about $415.17M and $231.96 million US Long portfolio, decreased its stake in Home Depot Inc (NYSE:HD) by 147,328 shares to 47,283 shares, valued at $8.96 million in 2017Q4, according to the filing.

Since February 26, 2018, it had 0 insider buys, and 2 selling transactions for $650,730 activity. Brothers Norman M. Jr sold $170,130 worth of stock or 1,500 shares.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. United Parcel Service had 75 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Market Perform” on Friday, April 29. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Hold” rating by Stifel Nicolaus on Wednesday, September 20. The company was maintained on Thursday, February 1 by Stephens. Credit Suisse maintained United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, October 12. Credit Suisse has “Hold” rating and $116.0 target. The rating was downgraded by Deutsche Bank to “Hold” on Friday, February 23. As per Wednesday, February 1, the company rating was maintained by Barclays Capital. The company was maintained on Tuesday, August 2 by Argus Research. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Monday, May 14 by Bank of America. Robert W. Baird maintained it with “Hold” rating and $12000 target in Tuesday, April 10 report. The stock has “Buy” rating by S&P Research on Wednesday, July 29.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Benzinga.com which released: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” on May 24, 2018, also Bizjournals.com with their article: “UPS hiring 1700 for new Salt Lake City hub” published on May 22, 2018, Globenewswire.com published: “CR Magazine Names UPS A “Best Corporate Citizen” Ninth Year In Row” on May 07, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Livetradingnews.com and their article: “UPS (NYSE:UPS) Opens London Hub” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “International segment paces UPS in Q1” with publication date: April 26, 2018.

General Electric Company (NYSE:GE) Institutional Positions Chart

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