By otakuyassine3@gmail.com 
LexAurum Advisors LLC boosted its stake in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 21.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,747 shares of the transportation company’s stock after purchasing an additional 487 shares during the quarter. LexAurum Advisors LLC’s holdings in United Parcel Service were worth $346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. True Wealth Design LLC boosted its holdings in shares of United Parcel Service by 397.7% in 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. IFS Advisors LLC boosted its stake in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares in the last quarter. Princeton Global Asset Management LLC grew its holdings in 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 worth $34,000 after purchasing an additional 216 shares during the last quarter. PSI Advisors LLC increased its position in shares of United Parcel Service by 408.2% during the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after purchasing an additional 200 shares in the last quarter. Finally, FSA Wealth Management LLC purchased a new stake in shares of United Parcel Service during the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.
United Parcel Service Price Performance
Shares of United Parcel Service stock opened at $132.98 on Friday. The firm has a market cap of $113.48 billion, a PE ratio of 20.09, a P/E/G ratio of 1.86 and a beta of 1.00. The business has a 50-day moving average price of $128.97 and a 200 day moving average price of $130.84. 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, Inc. has a twelve month low of $121.56 and a twelve month high of $161.35.
United Parcel Service (NYSE:UPS – Get Free Report) last announced its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The business had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. During the same period in the prior year, the company posted $1.57 EPS. The business’s quarterly revenue was up 5.4% on a year-over-year basis. Sell-side analysts predict that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.
United Parcel Service Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio is presently 98.49%.
Insider Buying and Selling at United Parcel Service
In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the company. Barclays restated an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a research note on Monday, October 21st. Wells Fargo & Company decreased their price objective on shares of United Parcel Service from $155.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Stifel Nicolaus cut their price target on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research note on Thursday. Oppenheimer lifted their price objective on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Finally, Citigroup cut their target price 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. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $151.24.
Check Out Our Latest Report on UPS
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.
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