United Parcel Service, Inc. (UPS): Are Hedge Funds Right About This Stock?

Page 1 of 2

Is United Parcel Service, Inc. (NYSE:UPS) a buy?

To the average investor, there are many methods market participants can use to watch their holdings. Some of the best are hedge fund and insider trading movement. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top fund managers can outclass the broader indices by a very impressive amount (see just how much).

Just as useful, optimistic insider trading activity is another way to look at the marketplace. Just as you’d expect, there are lots of incentives for an upper level exec to drop shares of his or her company, but only one, very clear reason why they would buy. Various empirical studies have demonstrated the impressive potential of this strategy if shareholders understand what to do (learn more here).

What’s more, we’re going to study the newest info about United Parcel Service, Inc. (NYSE:UPS).

Hedge fund activity in United Parcel Service, Inc. (NYSE:UPS)

In preparation for the third quarter, a total of 44 of the hedge funds we track were bullish in this stock, a change of 5% from one quarter earlier. With hedgies’ sentiment swirling, there exists an “upper tier” of notable hedge fund managers who were boosting their holdings considerably.

United Parcel Service, Inc. (NYSE:UPS)When using filings from the hedgies we track, Jonathon Jacobson’s Highfields Capital Management had the most valuable position in United Parcel Service, Inc. (NYSE:UPS), worth close to $353.5 million, comprising 2.9% of its total 13F portfolio. The second largest stake is held by Edgar Wachenheim of Greenhaven Associates, with a $349 million position; 9.3% of its 13F portfolio is allocated to the company. Other hedgies that hold long positions include James Crichton and Adam Weiss’s Scout Capital Management, Lee Ainslie’s Maverick Capital and Jonathon Jacobson’s Highfields Capital Management.

With a general bullishness amongst the titans, particular hedge funds have jumped into United Parcel Service, Inc. (NYSE:UPS) headfirst. Highfields Capital Management, managed by Jonathon Jacobson, created the most valuable position in United Parcel Service, Inc. (NYSE:UPS). Highfields Capital Management had 353.5 million invested in the company at the end of the quarter. Edgar Wachenheim’s Greenhaven Associates also made a $349 million investment in the stock during the quarter. The other funds with brand new UPS positions are James Crichton and Adam Weiss’s Scout Capital Management, Lee Ainslie’s Maverick Capital, and Jonathon Jacobson’s Highfields Capital Management.

How are insiders trading United Parcel Service, Inc. (NYSE:UPS)?

Insider buying is most useful when the primary stock in question has experienced transactions within the past six months. Over the latest six-month time frame, United Parcel Service, Inc. (NYSE:UPS) has seen zero unique insiders buying, and 6 insider sales (see the details of insider trades here).

We’ll go over the relationship between both of these indicators in other stocks similar to United Parcel Service, Inc. (NYSE:UPS). These stocks are Hub Group Inc (NASDAQ:HUBG), UTi Worldwide Inc. (NASDAQ:UTIW), Expeditors International of Washington (NASDAQ:EXPD), C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW), and FedEx Corporation (NYSE:FDX). This group of stocks are the members of the air delivery & freight services industry and their market caps resemble UPS’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!