United Parcel Service, Inc. (NYSE:UPS) Shares Bought by Pure Financial Advisors LLC

Pure Financial Advisors LLC grew its stake in United Parcel Service, Inc. (NYSE:UPS) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,442 shares of the transportation company’s stock after purchasing an additional 285 shares during the quarter. Pure Financial Advisors LLC’s holdings in United Parcel Service were worth $2,326,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. IFS Advisors LLC boosted its holdings in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after buying an additional 151 shares during the last quarter. True Wealth Design LLC lifted its position in shares of United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 171 shares in the last quarter. PSI Advisors LLC boosted its stake in shares of United Parcel Service by 408.2% in the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after acquiring an additional 200 shares during the last quarter. Princeton Global Asset Management LLC increased its position in shares of United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after purchasing an additional 216 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new position in United Parcel Service in the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Down 0.1 %

United Parcel Service stock opened at $129.77 on Tuesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a 50 day moving average price of $128.95 and a 200 day moving average price of $130.87. United Parcel Service, Inc. has a fifty-two week low of $121.56 and a fifty-two week high of $161.35. The company has a market capitalization of $110.74 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The firm had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $22.10 billion. During the same quarter in the previous year, the business earned $1.57 EPS. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. Research analysts expect that United Parcel Service, Inc. will post 7.49 earnings per share for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.02%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is currently 98.49%.

Analysts Set New Price Targets

Several brokerages have issued reports on UPS. Wolfe Research raised shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price for the company in a report on Wednesday, January 8th. Stifel Nicolaus upped their price objective on shares of United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a research note on Friday, October 25th. UBS Group raised their target price on shares of United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Barclays restated an “underweight” rating and issued a $120.00 price target on shares of United Parcel Service in a research report on Monday, October 21st. Finally, Citigroup reduced their price objective on United Parcel Service from $163.00 to $158.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. 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 issued a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service presently has an average rating of “Moderate Buy” and a consensus price target of $151.10.

Insider Buying and Selling

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.13% of the stock is owned by insiders.

About United Parcel Service

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.