As United Parcel Service (UPS) Valuation Declined, Holder Chesapeake Asset Management Has Raised Holding; Par Capital Management Continues to Hold Position in Synchrony Finl (SYF)

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Par Capital Management Inc increased its stake in Synchrony Finl (SYF) by 8.84% based on its latest 2019Q1 regulatory filing with the SEC. Par Capital Management Inc bought 195,000 shares as the company’s stock rose 13.29% with the market. The hedge fund held 2.40 million shares of the consumer services company at the end of 2019Q1, valued at $76.56 million, up from 2.21 million at the end of the previous reported quarter. Par Capital Management Inc who had been investing in Synchrony Finl for a number of months, seems to be bullish on the $22.97 billion market cap company. The stock decreased 1.36% or $0.46 during the last trading session, reaching $33.32. About 10.86 million shares traded or 66.49% up from the average. Synchrony Financial (NYSE:SYF) has risen 2.71% since June 11, 2018 and is uptrending. It has underperformed by 1.72% the S&P500. Some Historical SYF News: 15/05/2018 – OMEGA ADVISORS DISSOLVES STAKE IN CEMEX SAB DE CV- SEC FILING; 16/05/2018 – Bloomberg Big Decisions: Synchrony CEO Margaret Keane (Video); 17/05/2018 – Synchrony Financial Raises Dividend to 21c Vs. 15c; 17/05/2018 – S&PGR Affirms Synchrony Financial ‘BBB-‘ Rtg; Outlook Stable; 12/03/2018 – Moody’s Assigns Provisional Ratings To Synchrony’s 2018-1 Card Abs; 05/04/2018 – SYNCHRONY FINANCIAL SYF.N : CITIGROUP STARTS WITH NEUTRAL; TARGET PRICE $37; 16/05/2018 – Synchrony Financial CEO ‘Very Excited’ to Have Buffett’s Backing (Video); 17/05/2018 – SYNCHRONY FINANCIAL – BOARD APPROVED A SHARE REPURCHASE PROGRAM OF UP TO $2.2 BLN THROUGH JUNE 30, 2019; 11/04/2018 – CRATE-BARREL SELECTS SYNCHRONY FOR PRIVATE LABEL CARD CREDIT; 10/05/2018 – SYNCHRONY FINANCIAL – DEAL IS NOT EXPECTED TO HAVE MATERIAL IMPACT ON SYNCHRONY’S FINANCIAL RESULTS

Chesapeake Asset Management Llc increased its stake in United Parcel Service Inc (UPS) by 285.84% based on its latest 2019Q1 regulatory filing with the SEC. Chesapeake Asset Management Llc bought 9,464 shares as the company’s stock declined 9.35% while stock markets rallied. The hedge fund held 12,775 shares of the transportation company at the end of 2019Q1, valued at $1.43M, up from 3,311 at the end of the previous reported quarter. Chesapeake Asset Management Llc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $86.15 billion market cap company. The stock increased 1.89% or $1.86 during the last trading session, reaching $100.09. About 3.25 million shares traded or 5.51% up from the average. United Parcel Service, Inc. (NYSE:UPS) has declined 12.72% since June 11, 2018 and is downtrending. It has underperformed by 17.15% the S&P500. Some Historical UPS News: 06/03/2018 – S&PGR Ups KEMET to ‘B+’ On Strong Oper Perf, Lower Leverage; 08/03/2018 – S&PGR Ups Rtg To ‘AAA’ On Knox Cnty Ft Util Dist, TN Bnds; 12/04/2018 – S&PGR Ups International Investment Bank To ‘BBB+’; Otlk Stable; 03/05/2018 – SCA UPS PRICES ON PUBLICATION PAPER; 24/05/2018 – UPS Launches New Technology To Optimize Field Inventory For Critical Medical Devices; 04/04/2018 – UPS COMMENTS ON PROPOSED TARIFFS IN E-MAILED STATEMENT; 06/03/2018 – United Parcel Service Names Nando Cesarone International President; 26/04/2018 – United Parcel Service 1Q International Rev and Operating Profit Climb 15%; 18/04/2018 – Same-day Delivery Market in the US 2018-2022 with A-1 Express, Deutsche Post DHL, FedEx, UPS & USA Couriers Dominating – ResearchAndMarkets.com; 21/03/2018 – GERALD HARVEY UPS VOTING STAKE IN HARVEY NORMAN TO 30.51%

Par Capital Management Inc, which manages about $3.46B and $5.39B US Long portfolio, decreased its stake in United Contl Hldgs Inc (NYSE:UAL) by 5,000 shares to 15.62M shares, valued at $1.25B in 2019Q1, according to the filing. It also reduced its holding in Anthem Inc (NYSE:ANTM) by 55,000 shares in the quarter, leaving it with 20,000 shares, and cut its stake in Booking Hldgs Inc.

More notable recent Synchrony Financial (NYSE:SYF) news were published by: Seekingalpha.com which released: “Synchrony Financial: Cheap Stock With A Good Yield – Seeking Alpha” on October 22, 2018, also Seekingalpha.com with their article: “Synchrony Financial Isn’t Completely Synced With Its Market – Seeking Alpha” published on November 08, 2018, Globenewswire.com published: “Hagens Berman Reminds Synchrony Financial (NYSE: SYF) Investors of Securities Fraud Class Action and January 2, 2019 Lead Plaintiff Deadline – GlobeNewswire” on December 21, 2018. More interesting news about Synchrony Financial (NYSE:SYF) were released by: Finance.Yahoo.com and their article: “Did Hedge Funds Drop The Ball On Anadarko Petroleum Corporation (APC)? – Yahoo Finance” published on June 10, 2019 as well as Seekingalpha.com‘s news article titled: “Synchrony announces capital return moves – Seeking Alpha” with publication date: May 09, 2019.

Chesapeake Asset Management Llc, which manages about $889.99 million and $58.80M US Long portfolio, decreased its stake in Jacobs Engr Group Inc (NYSE:JEC) by 14,595 shares to 23,422 shares, valued at $1.76M in 2019Q1, according to the filing. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 6,540 shares in the quarter, leaving it with 19,108 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Fool.com which released: “FedEx Dumps Amazon Before Amazon Dumps It – Motley Fool” on June 10, 2019, also Benzinga.com with their article: “Cannabis Market A Huge Opportunity For Transportation And Logistics Industry – Benzinga” published on May 15, 2019, Globenewswire.com published: “NOTICE TO UPS EMPLOYEES WITH MERRILL LYNCH ACCOUNTS: Klayman & Toskes, PA Files FINRA Arbitration Claim for $500000 Against Merrill Lynch on Behalf of Former UPS Employee Who Sustained Losses from Unsuitable Covered Call Writing Strategies – GlobeNewswire” on May 15, 2019. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Benzinga.com and their article: “UPS Places Big Order For Renewable Fuel In Bid To Hit Ambitious Sustainability Target – Benzinga” published on May 22, 2019 as well as Investorplace.com‘s news article titled: “9 Hot Stocks to Buy Now – Investorplace.com” with publication date: June 10, 2019.

Since February 13, 2019, it had 1 insider purchase, and 1 sale for $996,353 activity. $1.01M worth of United Parcel Service, Inc. (NYSE:UPS) was sold by Peretz Richard N..

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. Cohen And Steers stated it has 40,133 shares. Baker Avenue Asset Management Ltd Partnership owns 38,424 shares for 0.35% of their portfolio. Bank has 0.21% invested in United Parcel Service, Inc. (NYSE:UPS) for 5,905 shares. Trexquant Inv L P, a Connecticut-based fund reported 27,614 shares. Acg Wealth stated it has 7,547 shares or 0.11% of all its holdings. Nelson Roberts Advsrs Llc reported 1,360 shares or 0.04% of all its holdings. Reilly Herbert Faulkner Iii owns 7,848 shares. Webster Financial Bank N A owns 843 shares. Allstate Corp reported 0.08% in United Parcel Service, Inc. (NYSE:UPS). Signalpoint Asset Management Ltd Company accumulated 2,070 shares. Mason Street Advisors owns 99,292 shares or 0.23% of their US portfolio. Gam Ag reported 83,131 shares stake. Hall Laurie J Trustee has 1,700 shares for 0.1% of their portfolio. Thompson Siegel And Walmsley Lc has 0% invested in United Parcel Service, Inc. (NYSE:UPS) for 75 shares. Moors Cabot Incorporated invested 0.31% in United Parcel Service, Inc. (NYSE:UPS).

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

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