United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC increased its position in United Parcel Service, Inc. (NYSE:UPS) by 10.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,436 shares of the transportation company’s stock after acquiring an additional 424 shares during the period. Orion Portfolio Solutions LLC’s holdings in United Parcel Service were worth $808,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. PrairieView Partners LLC bought a new position in United Parcel Service in the 3rd quarter valued at about $27,000. Carderock Capital Management Inc. bought a new position in shares of United Parcel Service during the 3rd quarter valued at about $30,000. Financial Insights Inc. bought a new position in shares of United Parcel Service during the 2nd quarter valued at about $38,000. BDO Wealth Advisors LLC lifted its stake in United Parcel Service by 56.1% during the second quarter. BDO Wealth Advisors LLC now owns 242 shares of the transportation company’s stock valued at $50,000 after buying an additional 87 shares in the last quarter. Finally, Destiny Wealth Partners LLC purchased a new stake in United Parcel Service during the third quarter valued at about $47,000. 56.97% of the stock is currently owned by institutional investors and hedge funds.

UPS opened at $206.54 on Friday. United Parcel Service, Inc. has a 1-year low of $154.76 and a 1-year high of $220.24. The stock’s fifty day simple moving average is $209.04 and its 200 day simple moving average is $201.57. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.73. The stock has a market cap of $179.51 billion, a PE ratio of 27.84, a price-to-earnings-growth ratio of 1.46 and a beta of 1.13.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, October 26th. The transportation company reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.16. United Parcel Service had a return on equity of 127.98% and a net margin of 6.92%. The business had revenue of $23.18 billion for the quarter, compared to analysts’ expectations of $22.57 billion. During the same quarter in the prior year, the business earned $2.28 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. Equities analysts forecast that United Parcel Service, Inc. will post 11.61 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 8th. Shareholders of record on Monday, November 22nd were issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date was Friday, November 19th. United Parcel Service’s dividend payout ratio is 54.99%.

A number of research firms have recently issued reports on UPS. JPMorgan Chase & Co. set a $243.00 price target on shares of United Parcel Service in a research report on Wednesday. Citigroup raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and raised their price objective for the company from $245.00 to $250.00 in a research report on Wednesday, December 15th. Oppenheimer raised their price objective on shares of United Parcel Service from $222.00 to $236.00 and gave the company an “outperform” rating in a research report on Wednesday, October 27th. Stifel Nicolaus raised their price objective on shares of United Parcel Service from $224.00 to $241.00 and gave the company a “buy” rating in a research report on Wednesday, October 27th. Finally, Bank of America increased their price target on United Parcel Service from $220.00 to $244.00 and gave the company a “buy” rating in a report on Wednesday, October 27th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $213.76.

United Parcel Service Company Profile

United Parcel Service, Inc operates as a logistics and package delivery company that provides supply chain management services. Its logistics services include transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage, insurance, and financing. The firm operates through the following segments: U.S.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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