Simon Quick Advisors LLC Has $513,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

Simon Quick Advisors LLC boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 6.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,066 shares of the transportation company’s stock after buying an additional 257 shares during the period. Simon Quick Advisors LLC’s holdings in United Parcel Service were worth $513,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of UPS. IFS Advisors LLC increased its holdings in shares of 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 during the last quarter. True Wealth Design LLC grew its holdings in United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 171 shares during the last quarter. PSI Advisors LLC grew its holdings in United Parcel Service by 408.2% during the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 200 shares during the last quarter. Princeton Global Asset Management LLC raised its position 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 valued at $34,000 after purchasing an additional 216 shares during the period. Finally, FSA Wealth Management LLC acquired a new stake in shares of United Parcel Service in the third quarter worth $36,000. 60.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the sale, the insider now owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.13% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Oppenheimer raised their target price on shares of United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price objective on the stock in a research note on Wednesday, January 8th. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Citigroup dropped their price target 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. Finally, Bank of America upgraded United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, United Parcel Service currently has an average rating of “Moderate Buy” and an average price target of $151.38.

United Parcel Service Stock Performance

United Parcel Service stock opened at $132.59 on Thursday. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a fifty day moving average price of $128.97 and a two-hundred day moving average price of $130.81. The firm has a market capitalization of $113.15 billion, a P/E ratio of 20.03, a P/E/G ratio of 1.87 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results 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. The firm had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the firm posted $1.57 EPS. As a group, analysts anticipate that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.92%. The ex-dividend date was Monday, November 18th. United Parcel Service’s payout ratio is currently 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.