Boyar Asset Management Lowered Its United Parcel Service (UPS) Position, Navios Maritime Acquisition Has 1.58 Sentiment

June 20, 2017 - By Linda Rogers

Boyar Asset Management Inc decreased United Parcel Service Inc (UPS) stake by 31.79% reported in 2016Q4 SEC filing. Boyar Asset Management Inc sold 7,992 shares as United Parcel Service Inc (UPS)’s stock declined 3.26%. The Boyar Asset Management Inc holds 17,145 shares with $1.97 million value, down from 25,137 last quarter. United Parcel Service Inc now has $95.86 billion valuation. The stock declined 0.61% or $0.68 reaching $110.19 per share. About 94,754 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since June 20, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Navios Maritime Acquisition Corporation is an international shipping company. The company has market cap of $212.48 million. The Firm owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing marine transportation services around the world. It has a 5.17 P/E ratio. The Firm charters its vessels to international oil companies, refiners and vessel operators under long, medium and short-term charters.

It is down 4.17% since June 20, 2016 and is downtrending. It has underperformed by 20.87% the S&P500.

Berson & Corrado Investment Advisors Llc holds 0.22% of its portfolio in Navios Maritime Acquisition Corporation for 211,340 shares. Owl Creek Asset Management L.P. owns 753,558 shares or 0.08% of their US portfolio. Moreover, Tfs Capital Llc has 0.05% invested in the company for 116,178 shares. The Illinois-based Chicago Equity Partners Llc has invested 0.03% in the stock. First Heartland Consultants Inc., a Missouri-based fund reported 54,000 shares.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on July, 27 before the open. They expect $1.46 EPS, up 2.10% or $0.03 from last year’s $1.43 per share. UPS’s profit will be $1.27B for 18.87 P/E if the $1.46 EPS becomes a reality. After $1.32 actual EPS reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 10.61% EPS growth.

Since February 24, 2017, it had 0 insider buys, and 2 insider sales for $686,820 activity. 4,500 shares were sold by McClure Teri P, worth $471,840 on Friday, February 24. 2,000 shares were sold by Gutmann Kathleen M., worth $214,980 on Monday, June 5.