United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Capital Advisors Wealth Management LLC

Capital Advisors Wealth Management LLC trimmed its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,171 shares of the transportation company’s stock after selling 185 shares during the quarter. Capital Advisors Wealth Management LLC’s holdings in United Parcel Service were worth $274,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC increased its holdings in shares of United Parcel Service by 15,779.6% during the 3rd quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company’s stock worth $1,994,853,000 after buying an additional 14,539,321 shares during the last quarter. Marshall Wace LLP grew its position in United Parcel Service by 284.8% during the second quarter. Marshall Wace LLP now owns 2,569,831 shares of the transportation company’s stock valued at $351,681,000 after acquiring an additional 1,901,914 shares during the period. Two Sigma Advisers LP grew its position in United Parcel Service by 833.4% during the third quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company’s stock valued at $282,783,000 after acquiring an additional 1,851,900 shares during the period. Van ECK Associates Corp raised its holdings in shares of United Parcel Service by 1,061.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company’s stock worth $232,959,000 after purchasing an additional 1,620,091 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of United Parcel Service by 6.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock valued at $2,989,609,000 after purchasing an additional 1,320,921 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Ratings Changes

UPS has been the subject of a number of research analyst reports. Evercore ISI increased their target price on shares of United Parcel Service from $138.00 to $141.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 22nd. BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their price objective for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. Barclays restated an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a report on Monday, October 21st. Susquehanna upped their price target on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. raised their price objective on United Parcel Service from $134.00 to $135.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $151.10.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.13% of the company’s stock.

United Parcel Service Stock Up 2.0 %

Shares of NYSE:UPS opened at $129.97 on Friday. United Parcel Service, Inc. has a 12-month low of $121.56 and a 12-month high of $161.35. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20. The firm has a market cap of $110.91 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 1.73 and a beta of 1.00. The company has a fifty day simple moving average of $129.09 and a 200 day simple moving average of $130.98.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.57 EPS. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 5.02%. United Parcel Service’s payout ratio is 98.49%.

United Parcel Service Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.