Baillie Gifford & Company Trimmed Its United Parcel Service (UPS) Stake; Eastern Co (EML)’s Sentiment Is 1.11

April 21, 2018 - By Ellis Scott

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

Eastern Co (EML) investors sentiment decreased to 1.11 in 2017 Q4. It’s down -0.39, from 1.5 in 2017Q3. The ratio turned negative, as 20 hedge funds increased and started new stock positions, while 18 cut down and sold stakes in Eastern Co. The hedge funds in our database reported: 3.54 million shares, down from 3.59 million shares in 2017Q3. Also, the number of hedge funds holding Eastern Co in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 14 Increased: 15 New Position: 5.

Baillie Gifford & Company decreased United Parcel Service (UPS) stake by 11.81% reported in 2017Q4 SEC filing. Baillie Gifford & Company sold 27,771 shares as United Parcel Service (UPS)’s stock declined 13.88%. The Baillie Gifford & Company holds 207,310 shares with $24.70M value, down from 235,081 last quarter. United Parcel Service now has $93.51B valuation. 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.

The Eastern Company manufactures and sells industrial hardware, security products, and metal products in the United States and internationally. The company has market cap of $176.00 million. The companyÂ’s Industrial Hardware segment offers passenger restraint locks, slam and draw latches, dead bolt latches, compression latches, cam-type vehicular locks, hinges, tool box locks, light-weight sleeper boxes, school bus door closure hardware, and vents for Class 8 trucks. It has a 35.12 P/E ratio. The Company’s products are used in tractor-trailer trucks, moving vans, off-road construction and farming equipment, school buses, military vehicles, recreational boats, pickup trucks, sport utility vehicles, and fire and rescue vehicles.

Minerva Advisors Llc holds 4.92% of its portfolio in The Eastern Company for 357,001 shares. Teton Advisors Inc. owns 355,131 shares or 0.85% of their US portfolio. Moreover, North Star Investment Management Corp. has 0.34% invested in the company for 106,197 shares. The Us-based Ancora Advisors Llc has invested 0.08% in the stock. Gamco Investors Inc. Et Al, a New York-based fund reported 510,116 shares.

The stock decreased 2.60% or $0.75 during the last trading session, reaching $28.1. About 6,908 shares traded. The Eastern Company (EML) has risen 44.75% since April 21, 2017 and is uptrending. It has outperformed by 33.20% the S&P500.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on April, 26 before the open. They expect $1.54 earnings per share, up 16.67% or $0.22 from last year’s $1.32 per share. UPS’s profit will be $1.33 billion for 17.62 P/E if the $1.54 EPS becomes a reality. After $1.67 actual earnings per share reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts -7.78% negative EPS growth.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.09, from 1.14 in 2017Q3. It is positive, 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. Iat Reinsurance Co Limited holds 0.33% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 20,000 shares. Mountain Pacific Inv Advisers Incorporated Id invested 0.24% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Boston Family Office Ltd Company stated it has 0.07% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Nexus Inv Mngmt Incorporated invested 0.13% in United Parcel Service, Inc. (NYSE:UPS). Howe Rusling Inc owns 0.01% invested in United Parcel Service, Inc. (NYSE:UPS) for 525 shares. Bridgeway Mgmt holds 0.15% or 119,538 shares in its portfolio. Moreover, Pitcairn Company has 0.05% invested in United Parcel Service, Inc. (NYSE:UPS) for 3,949 shares. Warren Averett Asset Lc invested 0.01% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Clark Capital Mngmt Grp Inc Inc invested in 0.26% or 71,282 shares. Columbus Circle Investors invested 0.06% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Baystate Wealth Mgmt Lc reported 3,323 shares stake. Jefferies Ltd Com has 85,512 shares. 3,885 were reported by Essex Fincl. Farr Miller & Washington Limited Liability Corporation Dc invested 0.17% in United Parcel Service, Inc. (NYSE:UPS). Anchor Capital Advsr Lc holds 71,091 shares or 0.3% of its portfolio.

Baillie Gifford & Company increased Faro Technologies (NASDAQ:FARO) stake by 24,616 shares to 253,020 valued at $11.89M in 2017Q4. It also upped Alnylam Pharmaceuticals (NASDAQ:ALNY) stake by 205,622 shares and now owns 3.61M shares. Heico ‘A’ (NYSE:HEI.A) was raised too.

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. The firm has “Hold” rating by Deutsche Bank given on Wednesday, November 2. Cowen & Co maintained United Parcel Service, Inc. (NYSE:UPS) rating on Monday, October 23. Cowen & Co has “Hold” rating and $124.0 target. The firm earned “Buy” rating on Friday, August 14 by Zacks. The rating was maintained by Cowen & Co on Friday, April 29 with “Market Perform”. The firm has “Neutral” rating given on Wednesday, February 22 by Bank of America. Macquarie Research maintained the stock with “Neutral” rating in Wednesday, October 28 report. The firm earned “Buy” rating on Monday, February 26 by Loop Capital. On Friday, February 16 the stock rating was upgraded by Edward Jones to “Buy”. As per Thursday, September 17, the company rating was upgraded by Zacks. On Tuesday, September 22 the stock rating was maintained by S&P Research with “Buy”.

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

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