LifeGuide Financial Advisors LLC Cuts Position in United Parcel Service, Inc. (NYSE:UPS)

LifeGuide Financial Advisors LLC cut its holdings in United Parcel Service, Inc. (NYSE:UPS) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,371 shares of the transportation company’s stock after selling 215 shares during the quarter. United Parcel Service accounts for approximately 0.2% of LifeGuide Financial Advisors LLC’s investment portfolio, making the stock its 28th largest position. LifeGuide Financial Advisors LLC’s holdings in United Parcel Service were worth $551,000 at the end of the most recent quarter.

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

United Parcel Service Trading Up 2.5 %

Shares of UPS stock opened at $132.96 on Wednesday. The firm has a market capitalization of $113.47 billion, a P/E ratio of 20.08, a PEG ratio of 1.82 and a beta of 1.00. United Parcel Service, Inc. has a fifty-two week low of $121.56 and a fifty-two week high of $161.35. The stock’s fifty day moving average is $128.97 and its two-hundred day moving average is $130.81. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping 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 business had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $22.10 billion. During the same period in the previous year, the firm posted $1.57 EPS. The business’s revenue for the quarter 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 fiscal year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 4.90%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s payout ratio is presently 98.49%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on UPS shares. Oppenheimer raised their price objective on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. The Goldman Sachs Group lowered their price target on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Finally, Stifel Nicolaus boosted their price objective on United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $151.38.

Insider Activity at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’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 sale, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by insiders.

United Parcel Service Company 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.