B of A Securities Upgrades United Parcel Service (SNSE:UPS)

Fintel reports that on January 16, 2025, B of A Securities upgraded their outlook for United Parcel Service (SNSE:UPS) from Neutral to Buy.

What is the Fund Sentiment?

There are 3,219 funds or institutions reporting positions in United Parcel Service. This is an decrease of 10 owner(s) or 0.31% in the last quarter. Average portfolio weight of all funds dedicated to UPS is 0.43%, an increase of 2.48%. Total shares owned by institutions increased in the last three months by 2.02% to 594,480K shares.

What are Other Shareholders Doing?

CL:UPS / United Parcel Service, Inc. Shares Held by Institutions

Jpmorgan Chase holds 23,879K shares representing 3.27% ownership of the company. In its prior filing, the firm reported owning 23,744K shares , representing an increase of 0.57%. The firm increased its portfolio allocation in UPS by 944.27% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 23,212K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 23,051K shares , representing an increase of 0.69%. The firm decreased its portfolio allocation in UPS by 5.77% over the last quarter.

Charles Schwab Investment Management holds 21,928K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 20,607K shares , representing an increase of 6.02%. The firm decreased its portfolio allocation in UPS by 16.35% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 19,184K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 18,720K shares , representing an increase of 2.42%. The firm decreased its portfolio allocation in UPS by 6.05% over the last quarter.

Wellington Management Group Llp holds 16,252K shares representing 2.22% ownership of the company. In its prior filing, the firm reported owning 19,138K shares , representing a decrease of 17.76%. The firm decreased its portfolio allocation in UPS by 17.00% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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