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Nuance Investments Has Lowered Its United Parcel Service (UPS) Holding; Covenant Transportation Group (CVTI) Has 1.45 Sentiment

Covenant Transportation Group, Inc., together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. The company has market cap of $529.97 million. It offers long haul, dedicated, temperature-controlled, and regional solo-driver services; long haul, regional, dedicated, and intermodal temperature-controlled services; and regional solo-driver and dedicated services. It has a 43.97 P/E ratio. The firm also provides ancillary services, including freight brokerage services and accounts receivable factoring.

Nuance Investments Llc decreased United Parcel Service Inc (UPS) stake by 44.67% reported in 2017Q2 SEC filing. Nuance Investments Llc sold 160,196 shares as United Parcel Service Inc (UPS)’s stock declined 3.26%. The Nuance Investments Llc holds 198,407 shares with $21.94 million value, down from 358,603 last quarter. United Parcel Service Inc now has $101.71B valuation. The stock decreased 0.02% or $0.0199 during the last trading session, reaching $118.0301. About 834,600 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since December 12, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Investors sentiment increased to 1.14 in 2017 Q2. Its up 0.09, from 1.05 in 2017Q1. It improved, as 61 investors sold UPS shares while 410 reduced holdings. 91 funds opened positions while 402 raised stakes. 447.95 million shares or 1.37% less from 454.16 million shares in 2017Q1 were reported. Texas Capital Bank Inc Tx holds 0.86% or 3,442 shares. Ironwood Inv Counsel Limited Liability owns 36,149 shares or 1.46% of their US portfolio. Berkshire Asset Pa reported 10,102 shares. Stellar Capital Mngmt Ltd Liability Corporation reported 17,227 shares. Wetherby Asset Mgmt has invested 0.25% in United Parcel Service, Inc. (NYSE:UPS). Coastline Tru Company invested in 0.29% or 14,560 shares. Manufacturers Life Insurance Co The stated it has 0.29% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Df Dent And Inc owns 0.01% invested in United Parcel Service, Inc. (NYSE:UPS) for 3,097 shares. Jlb & reported 14,473 shares. Blair William And Co Il owns 385,326 shares. Private Wealth holds 2,542 shares or 0.12% of its portfolio. Stratos Wealth Ptnrs Ltd owns 46,070 shares for 0.26% of their portfolio. Baxter Bros has invested 1.39% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Commonwealth Equity Svcs owns 275,671 shares. Moreover, Concorde Asset Mngmt Ltd Limited Liability Company has 0.42% invested in United Parcel Service, Inc. (NYSE:UPS) for 2,783 shares.

Nuance Investments Llc increased Bb&T Corp (NYSE:BBT) stake by 71,831 shares to 135,671 valued at $6.16 million in 2017Q2. It also upped Simpson Manufacturing Co Inc (NYSE:SSD) stake by 8,651 shares and now owns 138,885 shares. Berkley W R Corp (NYSE:WRB) was raised too.

Among 20 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. United Parcel Service had 53 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Hold” rating by Robert W. Baird on Friday, October 27. The firm has “Sell” rating by Morgan Stanley given on Monday, December 11. The stock has “Hold” rating by Robert W. Baird on Thursday, August 24. Oppenheimer maintained United Parcel Service, Inc. (NYSE:UPS) on Wednesday, September 20 with “Buy” rating. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Tuesday, August 8 by Citigroup. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Friday, September 29 by Robert W. Baird. Cowen & Co maintained United Parcel Service, Inc. (NYSE:UPS) rating on Monday, September 25. Cowen & Co has “Hold” rating and $115.0 target. The rating was maintained by S&P Research with “Buy” on Wednesday, July 29. The firm has “Hold” rating given on Wednesday, November 2 by Deutsche Bank. On Friday, April 29 the stock rating was maintained by Citigroup with “Neutral”.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on January, 30. They expect $1.67 earnings per share, up 2.45% or $0.04 from last year’s $1.63 per share. UPS’s profit will be $1.44B for 17.67 P/E if the $1.67 EPS becomes a reality. After $1.45 actual earnings per share reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 15.17% EPS growth.

Ratings analysis reveals 100% of Covenant Transport’s analysts are positive. Out of 2 Wall Street analysts rating Covenant Transport, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $20.0 while the high is $24.0. The stock’s average target of $22 is -24.09% below today’s ($28.98) share price. CVTI was included in 2 notes of analysts from October 14, 2016. Stifel Nicolaus maintained the shares of CVTI in report on Thursday, October 20 with “Buy” rating. The stock of Covenant Transportation Group, Inc. (NASDAQ:CVTI) has “Outperform” rating given on Friday, October 14 by Cowen & Co.

Analysts await Covenant Transportation Group, Inc. (NASDAQ:CVTI) to report earnings on January, 24. They expect $0.48 earnings per share, up 45.45% or $0.15 from last year’s $0.33 per share. CVTI’s profit will be $8.78 million for 15.09 P/E if the $0.48 EPS becomes a reality. After $0.25 actual earnings per share reported by Covenant Transportation Group, Inc. for the previous quarter, Wall Street now forecasts 92.00% EPS growth.

The stock increased 0.29% or $0.09 during the last trading session, reaching $28.98. About 90,579 shares traded. Covenant Transportation Group, Inc. (CVTI) has declined 12.60% since December 12, 2016 and is downtrending. It has underperformed by 29.30% the S&P500.

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