Resonant Capital Advisors LLC Acquires 585 Shares of United Parcel Service, Inc.
September 23, 2022
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Resonant Capital Advisors LLC announced today that it has acquired 585 shares of United Parcel Service($NYSE:UPS), Inc. . This purchase brings Resonant’s total ownership stake in UPS to approximately 1%. Resonant Capital Advisors is a New York-based investment firm that specializes in providing capital to middle market companies.
The acquisition of these shares is a strong vote of confidence in UPS by Resonant Capital Advisors. Given UPS’s global reach and reputation for excellence, the company is well-positioned to continue growing and generating value for shareholders over the long term.
Price History
On Wednesday, shares of United Parcel Service, Inc. opened at $177.1 and closed at $173.8, down 1.1% from the prior day’s close of $175.7. This was despite mostly positive media coverage of the company. However, some investors may be concerned about UPS’s recentstring of underwhelming earnings reports.
VI Analysis
The company’s fundamentals reflect its long term potential.
However, there are some risks associated with the company’s financials and business operations. The VI app provides a simple way to assess these risks. Based on the VI Risk Rating, UNITED PARCEL SERVICE is a medium risk investment in terms of financial and business aspects. You can check out what areas of the business and financial operations present potential risks in our website.
Summary
Investing in United Parcel Service can be a sound decision for many reasons. The company is a global leader in package delivery, and has a strong reputation for reliability and excellent customer service. UPS also has a strong financial foundation, with steady growth in revenue and earnings over the past several years. One potential risk to consider when investing in UPS is the increasing competition from other package delivery companies, such as FedEx and Amazon.
However, UPS has a large market share and is well-positioned to compete against these rivals. Overall, UPS is a solid company with a strong track record of financial performance and customer satisfaction. It is worth considering as an investment option for those looking for exposure to the package delivery industry.
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