Kintegral Advisory LLC Sells 733 Shares of United Parcel Service, Inc. (NYSE:UPS)

Kintegral Advisory LLC reduced its holdings in United Parcel Service, Inc. (NYSE:UPS) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,742 shares of the transportation company’s stock after selling 733 shares during the quarter. Kintegral Advisory LLC’s holdings in United Parcel Service were worth $1,985,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in UPS. AMF Tjanstepension AB boosted its stake in shares of United Parcel Service by 39.7% during the 3rd quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock valued at $14,793,000 after purchasing an additional 30,815 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in United Parcel Service by 40.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 103,515 shares of the transportation company’s stock valued at $14,113,000 after acquiring an additional 29,657 shares in the last quarter. Dakota Wealth Management boosted its position in United Parcel Service by 42.2% during the 3rd quarter. Dakota Wealth Management now owns 11,060 shares of the transportation company’s stock valued at $1,508,000 after acquiring an additional 3,280 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of United Parcel Service by 18.5% during the 3rd quarter. Silver Oak Securities Incorporated now owns 3,977 shares of the transportation company’s stock worth $534,000 after acquiring an additional 620 shares during the period. Finally, Pavion Blue Capital LLC raised its position in shares of United Parcel Service by 1.8% in the 3rd quarter. Pavion Blue Capital LLC now owns 26,029 shares of the transportation company’s stock worth $3,549,000 after acquiring an additional 469 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Trading Down 0.2 %

United Parcel Service stock opened at $116.35 on Friday. United Parcel Service, Inc. has a one year low of $109.40 and a one year high of $158.95. The business’s fifty day moving average is $123.21 and its 200 day moving average is $128.36. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The stock has a market capitalization of $99.38 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter in the previous year, the firm earned $2.47 earnings per share. On average, sell-side analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be given a dividend of $1.64 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a yield of 5.64%. United Parcel Service’s payout ratio is 97.04%.

Insiders Place Their Bets

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

UPS has been the topic of several recent research reports. Citigroup reduced their price target on United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Bank of America decreased their price target on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Finally, BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and decreased their target price for the company from $155.00 to $150.00 in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, United Parcel Service presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.73.

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.