Inceptionr LLC Cuts Position in United Parcel Service, Inc. (NYSE:UPS)

Inceptionr LLC lessened its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 77.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,046 shares of the transportation company’s stock after selling 7,077 shares during the quarter. Inceptionr LLC’s holdings in United Parcel Service were worth $258,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in UPS. IFS Advisors LLC grew its holdings 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 buying an additional 151 shares in the last quarter. True Wealth Design LLC grew its holdings in United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after buying an additional 171 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in United Parcel Service during the 4th quarter valued at approximately $34,000. FSA Wealth Management LLC purchased a new position in United Parcel Service during the 3rd quarter valued at approximately $36,000. Finally, Sugar Maple Asset Management LLC purchased a new position in United Parcel Service during the 4th quarter valued at approximately $38,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Price Performance

Shares of UPS stock opened at $121.59 on Monday. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $158.95. The stock has a market capitalization of $103.85 billion, a price-to-earnings ratio of 17.99, a P/E/G ratio of 1.55 and a beta of 0.94. The stock has a fifty day simple moving average of $121.73 and a two-hundred day simple moving average of $127.77. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping the consensus estimate 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 period in the previous year, the business posted $2.47 earnings per share. On average, analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were paid a dividend of $1.64 per share. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s dividend payout ratio is 97.04%.

Analyst Ratings Changes

UPS has been the subject of several research analyst reports. Evercore ISI raised their price target on United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. dropped their target price on United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Baird R W cut United Parcel Service from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Citigroup dropped their target price on United Parcel Service from $158.00 to $149.00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, Morgan Stanley dropped their target price on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a report on Friday, January 31st. Two analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $138.00.

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.