Rnc Capital Management Boosted United Parcel Service (UPS) Position By $721,050, 7 Analysts Covering Spirit AeroSystems Holdings, Inc. (SPR)

June 19, 2017 - By olga

Rnc Capital Management Llc increased United Parcel Service (UPS) stake by 2.76% reported in 2016Q4 SEC filing. Rnc Capital Management Llc acquired 6,325 shares as United Parcel Service (UPS)’s stock declined 3.26%. The Rnc Capital Management Llc holds 235,276 shares with $26.97M value, up from 228,951 last quarter. United Parcel Service now has $96.13 billion valuation. The stock declined 0.13% or $0.14 reaching $110.45 on the news. About 30,700 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since June 19, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Among 15 analysts covering Spirit Aerosystems (NYSE:SPR), 7 have Buy rating, 1 Sell and 7 Hold. Therefore 47% are positive. Spirit Aerosystems had 26 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Sector Perform” rating and $55 target in Wednesday, October 28 report. The firm has “Hold” rating by Deutsche Bank given on Monday, July 11. Morgan Stanley initiated Spirit AeroSystems Holdings, Inc. (NYSE:SPR) on Thursday, June 23 with “Overweight” rating. The firm has “Overweight” rating by Barclays Capital given on Thursday, June 9. The stock of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has “Sell” rating given on Friday, January 29 by Goldman Sachs. The firm earned “Hold” rating on Monday, December 5 by Deutsche Bank. The firm has “Hold” rating by Suntrust Robinson given on Thursday, January 19. The firm earned “Outperform” rating on Monday, January 18 by Credit Suisse. The company was downgraded on Tuesday, February 28 by Standpoint Research. The company was maintained on Thursday, February 4 by RBC Capital Markets. See Spirit AeroSystems Holdings, Inc. (NYSE:SPR) latest ratings:

09/05/2017 Broker: UBS Old Rating: Neutral New Rating: Buy New Target: $63.00 Upgrade
28/02/2017 Broker: Standpoint Research Old Rating: Buy New Rating: Hold Downgrade
19/01/2017 Broker: Suntrust Robinson Rating: Hold Initiate
19/01/2017 Broker: SunTrust Rating: Hold Initiate
12/01/2017 Broker: RBC Capital Markets Rating: Underperform New Target: $55 Initiate

Since February 24, 2017, it had 0 insider buys, and 2 selling transactions for $686,820 activity. $214,980 worth of United Parcel Service, Inc. (NYSE:UPS) was sold by Gutmann Kathleen M. on Monday, June 5. McClure Teri P sold $471,840 worth of United Parcel Service, Inc. (NYSE:UPS) on Friday, February 24.

Among 16 analysts covering United Parcel Service (NYSE:UPS), 5 have Buy rating, 1 Sell and 10 Hold. Therefore 31% are positive. United Parcel Service had 26 analyst reports since July 29, 2015 according to SRatingsIntel. The company was initiated on Wednesday, November 2 by Deutsche Bank. The firm earned “Buy” rating on Tuesday, September 22 by S&P Research. On Tuesday, September 1 the stock rating was upgraded by Zacks to “Hold”. The rating was maintained by Macquarie Research with “Neutral” on Wednesday, October 28. Citigroup maintained United Parcel Service, Inc. (NYSE:UPS) rating on Friday, April 29. Citigroup has “Neutral” rating and $109 target. BMO Capital Markets downgraded the shares of UPS in report on Wednesday, February 1 to “Market Perform” rating. On Wednesday, July 29 the stock rating was maintained by S&P Research with “Buy”. The stock has “Hold” rating by BMO Capital Markets on Thursday, June 1. Bank of America downgraded the stock to “Neutral” rating in Wednesday, February 22 report. As per Wednesday, February 3, the company rating was maintained by Oppenheimer.

Rnc Capital Management Llc decreased Apple Inc (NASDAQ:AAPL) stake by 3,297 shares to 99,029 valued at $11.47M in 2016Q4. It also reduced Centurylink Inc (NYSE:CTL) stake by 27,697 shares and now owns 65,671 shares. Lilly Eli& Company (NYSE:LLY) was reduced too.

Investors sentiment decreased to 1.04 in Q4 2016. Its down 0.01, from 1.05 in 2016Q3. It is negative, as 49 investors sold UPS shares while 433 reduced holdings. 108 funds opened positions while 392 raised stakes. 457.21 million shares or 1.93% more from 448.58 million shares in 2016Q3 were reported. Edge Asset Mngmt holds 0.33% or 372,059 shares. 107,164 are owned by Panagora Asset Mgmt. Bush Odonnell Advsr owns 3,295 shares. 4,506 are owned by Private Tru Communication Na. Strs Ohio, Ohio-based fund reported 443,546 shares. Moreover, Golub Ltd Co has 0.1% invested in United Parcel Service, Inc. (NYSE:UPS) for 8,640 shares. Salzhauer Michael reported 1,993 shares stake. Cg Asset Ltd Liability Corporation holds 0.45% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 10,520 shares. West Oak Cap Lc holds 0% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 732 shares. Friess Assoc Ltd Company reported 576 shares. Fincl Counselors Inc holds 45,091 shares or 0.28% of its portfolio. Tdam Usa has invested 0.38% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Pathstone Family Office Ltd has 8,600 shares for 0.63% of their portfolio. Willingdon Wealth reported 2,835 shares. Saturna invested 1.26% in United Parcel Service, Inc. (NYSE:UPS).

About 1,250 shares traded. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has risen 15.24% since June 19, 2016 and is uptrending. It has underperformed by 1.46% the S&P500.

Spirit AeroSystems Holdings, Inc. is a non-original equipment maker , aircraft parts designer and maker of commercial aero-structures. The company has market cap of $6.95 billion. The Firm is also a supplier of aero-structures. It has a 16.15 P/E ratio. The Firm operates through three divisions: Fuselage Systems, Propulsion Systems and Wing Systems.

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