United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Marino Stram & Associates LLC

Marino Stram & Associates LLC lowered its holdings in United Parcel Service, Inc. (NYSE:UPS) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,397 shares of the transportation company’s stock after selling 303 shares during the quarter. Marino Stram & Associates LLC’s holdings in United Parcel Service were worth $807,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Finley Financial LLC purchased a new position in United Parcel Service in the 4th quarter valued at approximately $335,000. Bourne Lent Asset Management Inc. boosted its position in United Parcel Service by 8.4% in the 4th quarter. Bourne Lent Asset Management Inc. now owns 25,658 shares of the transportation company’s stock valued at $3,235,000 after buying an additional 1,999 shares during the period. Simon Quick Advisors LLC boosted its position in United Parcel Service by 6.7% in the 4th quarter. Simon Quick Advisors LLC now owns 4,066 shares of the transportation company’s stock valued at $513,000 after buying an additional 257 shares during the period. Sheets Smith Wealth Management boosted its position in United Parcel Service by 32.9% in the 4th quarter. Sheets Smith Wealth Management now owns 2,430 shares of the transportation company’s stock valued at $306,000 after buying an additional 602 shares during the period. Finally, Octavia Wealth Advisors LLC boosted its position in United Parcel Service by 70.7% in the 4th quarter. Octavia Wealth Advisors LLC now owns 7,995 shares of the transportation company’s stock valued at $1,008,000 after buying an additional 3,311 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insider Activity

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the 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 directly owns 45,098 shares in the company, valued at $6,249,229.86. This represents a 13.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.13% of the company’s stock.

United Parcel Service Price 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 firm has a fifty day moving average of $128.97 and a 200-day moving average of $130.81. The firm has a market capitalization of $113.15 billion, a P/E ratio of 20.03, a PEG ratio of 1.87 and a beta of 1.00. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20.

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

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 4.92%. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Analysts Set New Price Targets

UPS has been the subject of several recent analyst reports. Barclays reaffirmed an “underweight” rating and set a $120.00 price objective on shares of United Parcel Service in a research report on Monday, October 21st. UBS Group lifted their price objective on shares of United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. The Goldman Sachs Group decreased their price objective on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Bank of America raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a research report on Thursday, January 16th. Finally, Stifel Nicolaus lifted their price target on shares of United Parcel Service from $151.00 to $156.00 and gave the stock a “buy” rating in a research note 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $151.38.

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.