United Parcel Service, Inc. (NYSE:UPS) Shares Bought by Stolper Co

Stolper Co boosted its position in United Parcel Service, Inc. (NYSE:UPS) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,558 shares of the transportation company’s stock after acquiring an additional 638 shares during the quarter. United Parcel Service accounts for about 1.5% of Stolper Co’s holdings, making the stock its 27th biggest holding. Stolper Co’s holdings in United Parcel Service were worth $4,484,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UPS. Cigna Investments Inc. New raised its position in shares of United Parcel Service by 1.0% during the 3rd quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company’s stock valued at $1,024,000 after acquiring an additional 75 shares in the last quarter. Banco Santander S.A. lifted its position in shares of United Parcel Service by 0.6% in the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock worth $1,717,000 after buying an additional 79 shares during the last quarter. Gleason Group Inc. boosted its holdings in shares of United Parcel Service by 1.2% in the 3rd quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company’s stock valued at $897,000 after buying an additional 80 shares during the period. Tradewinds LLC. grew its position in shares of United Parcel Service by 1.8% during the 3rd quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company’s stock valued at $612,000 after buying an additional 81 shares during the last quarter. Finally, OLD Second National Bank of Aurora raised its stake in United Parcel Service by 1.2% during the third quarter. OLD Second National Bank of Aurora now owns 7,177 shares of the transportation company’s stock worth $979,000 after acquiring an additional 83 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Evercore ISI boosted their target price on United Parcel Service from $138.00 to $141.00 and gave the stock an “in-line” rating in a report on Tuesday, October 22nd. Citigroup cut their target price on United Parcel Service from $163.00 to $158.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Stifel Nicolaus lifted their price target on United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Finally, Bank of America boosted their price target on shares of United Parcel Service from $132.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.10.

United Parcel Service Trading Up 1.3 %

United Parcel Service stock opened at $127.42 on Thursday. United Parcel Service, Inc. has a one year low of $121.56 and a one year high of $161.35. The company’s fifty day moving average price is $129.22 and its two-hundred day moving average price is $131.01. 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 company has a market capitalization of $108.74 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 1.73 and a beta of 1.00.

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

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.12%. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Insiders Place Their Bets

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 shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.13% of the company’s stock.

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.