Advent Capital Management Trimmed Its Position in United Parcel Service (UPS) by $3.11 Million; Amgen (AMGN) Share Value Declined While Spectrum Management Group Has Increased Stake by $2.34 Million

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

Spectrum Management Group Inc increased its stake in Amgen Inc (AMGN) by 77537.5% based on its latest 2019Q1 regulatory filing with the SEC. Spectrum Management Group Inc bought 12,406 shares as the company’s stock declined 10.11% while stock markets rallied. The institutional investor held 12,422 shares of the biological products (no diagnostic substances) company at the end of 2019Q1, valued at $2.36 million, up from 16 at the end of the previous reported quarter. Spectrum Management Group Inc who had been investing in Amgen Inc for a number of months, seems to be bullish on the $107.40 billion market cap company. The stock decreased 0.36% or $0.63 during the last trading session, reaching $176.08. About 1.62M shares traded. Amgen Inc. (NASDAQ:AMGN) has declined 3.46% since June 15, 2018 and is downtrending. It has underperformed by 7.89% the S&P500. Some Historical AMGN News: 23/05/2018 - Amgen Enters Groundbreaking Collaboration To Improve Symptom Management During Cancer Treatment; 01/05/2018 - SANOFI & REGENERON TO LOWER NET PRICE OF PRALUENT; 01/05/2018 - REGENERON & SANOFI TO LOWER NET PRICE OF PRALUENT® (ALIROCUMAB); 21/05/2018 - FDA Approves Prolia® (Denosumab) For Glucocorticoid-Induced Osteoporosis; 24/04/2018 - AMGEN 1Q REPATHA REV. $123M, EST. $104.7M; 07/03/2018 - AMGEN INC AMGN.O SETS QUARTERLY DIVIDEND OF $1.32/SHR; 09/03/2018 - New Analyses Show Payer Utilization Management Criteria Deny Access To PCSK9 Inhibitors For Patients At The Highest Risk For Subsequent Cardiovascular Events; 10/03/2018 - NUMERICALLY FEWER HEART-RELATED DEATHS REPORTED WITH PRALUENT VS PLACEBO IN STUDY - RESEARCHERS; 17/05/2018 - FDA Approves Anti-migraine Drug From Novartis, Amgen — MarketWatch; 08/03/2018 - Amgen Announces Final Results Of Tender Offer

Advent Capital Management decreased its stake in United Parcel Service Inc (UPS) by 41.16% based on its latest 2019Q1 regulatory filing with the SEC. Advent Capital Management sold 27,980 shares as the company’s stock declined 9.35% while stock markets rallied. The institutional investor held 40,000 shares of the transportation company at the end of 2019Q1, valued at $4.47 million, down from 67,980 at the end of the previous reported quarter. Advent Capital Management who had been investing in United Parcel Service Inc for a number of months, seems to be less bullish one the $87.47 billion market cap company. The stock decreased 0.39% or $0.4 during the last trading session, reaching $101.62. About 1.77M shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 12.72% since June 15, 2018 and is downtrending. It has underperformed by 17.15% the S&P500. Some Historical UPS News: 20/03/2018 - United Parcel Service Expands Marketplace Shipping Platform by Adding Houzz and Pricefalls Marketplace; 25/05/2018 - Go-Jek Says More Focused on Local Tie-Ups Than an IPO (Correct); 26/04/2018 - UPS CFO RICHARD PERETZ COMMENTS ON BLOOMBERG TV; 15/03/2018 - ZEW KOGENERACJA SA KGN.WA - PGE ENERGIA CIEPLA UPS ITS STAKE IN CO TO 25.81 PCT FROM 17.74 PCT IN TENDER OFFER; 25/04/2018 - UPS OFFERS VOLUNTARY RETIREMENT INCENTIVE TO ELIGIBLE U.S.-BASE; 05/04/2018 - Amazon and UPS have been quietly fighting over the post office’s cost structure - long before Trump; 14/03/2018 - UPS Chatbot Now Available Via The Google Assistant; 09/04/2018 - S&PGR Ups Fremont-Rideout Hlth Gp, CA Bnd Rtg To ‘A’ Fm ‘BBB-‘; 15/03/2018 - UPS To Hold Webcast On Adopting New Accounting Standards; 11/03/2018 - The Register: Rant launches Eric Raymond’s next project: open-source the UPS

Advent Capital Management, which manages about $4.53 billion US Long portfolio, upped its stake in Blackrock Tcp Cap Corp (Prn) by 1.50 million shares to 18.13 million shares, valued at $18.24M in 2019Q1, according to the filing. It also increased its holding in Advent Claymore Convertible Se (AVK) by 36,000 shares in the quarter, for a total of 136,000 shares, and has risen its stake in Rh (Prn).

Since February 13, 2019, it had 1 insider buy, and 1 insider sale for $996,353 activity. Shares for $1.01M were sold by Peretz Richard N..

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Benzinga.com which released: “Threatened Levy On Mexican Imports To Pressure 3PL - Benzinga” on June 03, 2019, also Fool.com with their article: “5 Reasons the Market Is Being Harsh on UPS - The Motley Fool” published on May 13, 2019, Finance.Yahoo.com published: “UPS Triples Network For Saturday Export Service From U.S. - Yahoo Finance” on May 14, 2019. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Globenewswire.com and their article: “UPS And Inxeption Collaborate To Make B2B E-Commerce Easier For Merchants - GlobeNewswire” published on March 21, 2019 as well as Bizjournals.com‘s news article titled: “Coca-Cola continues slide, UPS makes slight jump on Fortune 500 list (Slideshow) - Atlanta Business Chronicle” with publication date: May 16, 2019.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on July, 24. They expect $1.93 EPS, down 0.52% or $0.01 from last year’s $1.94 per share. UPS’s profit will be $1.66B for 13.16 P/E if the $1.93 EPS becomes a reality. After $1.39 actual EPS reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 38.85% EPS growth.

Investors sentiment increased to 1.27 in Q1 2019. Its up 0.36, from 0.91 in 2018Q4. It improved, as 43 investors sold UPS shares while 373 reduced holdings. 128 funds opened positions while 399 raised stakes. 465.49 million shares or 0.08% less from 465.85 million shares in 2018Q4 were reported. Moreover, Fayez Sarofim And has 0% invested in United Parcel Service, Inc. (NYSE:UPS). Old Republic Intll holds 381,100 shares. Mycio Wealth Prtnrs Limited Company has 0.06% invested in United Parcel Service, Inc. (NYSE:UPS) for 6,480 shares. Brown Advisory Secs reported 3,022 shares. Clean Yield Gru reported 3,849 shares stake. Dearborn Ptnrs Ltd owns 192,081 shares. Cleararc Inc holds 16,892 shares or 0.35% of its portfolio. Lsv Asset Mgmt reported 8,500 shares. Burney reported 2,035 shares or 0.01% of all its holdings. Nelson Roberts Invest Advisors Lc invested in 0.04% or 1,360 shares. State Street Corporation has 0.25% invested in United Parcel Service, Inc. (NYSE:UPS). Sumitomo Mitsui Trust Holdings owns 2.64 million shares for 0.27% of their portfolio. Mackay Shields Limited Liability invested in 198,643 shares or 0.16% of the stock. Ci Investments invested 0.62% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Utah Retirement Systems reported 0.29% in United Parcel Service, Inc. (NYSE:UPS).

More notable recent Amgen Inc. (NASDAQ:AMGN) news were published by: Schaeffersresearch.com which released: “Drug Stock Scaling the Nasdaq on a Halo Lift - Schaeffers Research” on June 03, 2019, also Nasdaq.com with their article: “Health Care Sector Update for 06/04/2019: PTI, SOLY, SRNE, JNJ, PFE, ABT, MRK, AMGN - Nasdaq” published on June 04, 2019, Nasdaq.com published: “Health Care Sector Update for 05/24/2019: SURF, BMY, CELG, AXSM, JNJ, PFE, ABT, MRK, AMGN - Nasdaq” on May 24, 2019. More interesting news about Amgen Inc. (NASDAQ:AMGN) were released by: Benzinga.com and their article: “The Daily Biotech Pulse: Hematology And Rheumatology Conference Presentations Take The Spotlight, Eton In-Licenses Epilepsy Drug NDA - Benzinga” published on June 14, 2019 as well as Nasdaq.com‘s news article titled: “Amgen (AMGN) Stock Sinks As Market Gains: What You Should Know - Nasdaq” with publication date: June 06, 2019.

Since February 7, 2019, it had 0 insider purchases, and 1 sale for $380,000 activity.

Investors sentiment decreased to 0.88 in Q1 2019. Its down 0.11, from 0.99 in 2018Q4. It worsened, as 70 investors sold AMGN shares while 539 reduced holdings. 131 funds opened positions while 405 raised stakes. 457.12 million shares or 8.22% less from 498.05 million shares in 2018Q4 were reported. Smith Salley And invested 0.56% in Amgen Inc. (NASDAQ:AMGN). Oppenheimer Asset Mgmt holds 0.18% or 43,036 shares in its portfolio. Blb&B Advsrs Ltd Limited Liability Company invested in 4,156 shares or 0.09% of the stock. 21,632 were accumulated by Amica Mutual Ins. Ibm Retirement Fund reported 0.4% stake. 10,047 are held by West Oak Capital Limited Liability Corporation. Hrt Ltd invested in 0.23% or 7,734 shares. Creative Planning has 99,118 shares for 0.07% of their portfolio. Moreover, Midas Management Corp has 1.17% invested in Amgen Inc. (NASDAQ:AMGN). Argent stated it has 0.18% of its portfolio in Amgen Inc. (NASDAQ:AMGN). The California-based Wetherby Asset Management has invested 0.34% in Amgen Inc. (NASDAQ:AMGN). Mercer Cap Advisers owns 4,958 shares for 0.63% of their portfolio. Laffer Invs owns 0% invested in Amgen Inc. (NASDAQ:AMGN) for 23,725 shares. Profit Management Ltd Liability Company holds 0.81% or 5,614 shares. Jennison Ltd Llc owns 20,286 shares for 0% of their portfolio.

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

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