GW Henssler & Associates Ltd. trimmed its holdings in United Parcel Service, Inc. (NYSE:UPS – Get Rating) by 21.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,348 shares of the transportation company’s stock after selling 650 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in United Parcel Service were worth $504,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Rational Advisors LLC lifted its stake in United Parcel Service by 126.4% during the fourth quarter. Rational Advisors LLC now owns 120 shares of the transportation company’s stock valued at $26,000 after buying an additional 67 shares in the last quarter. DB Fitzpatrick & Co Inc purchased a new stake in United Parcel Service during the fourth quarter valued at about $28,000. Curi Wealth Management LLC purchased a new stake in United Parcel Service during the fourth quarter valued at about $28,000. Cyrus J. Lawrence LLC acquired a new position in shares of United Parcel Service in the 1st quarter valued at about $30,000. Finally, Crewe Advisors LLC acquired a new position in shares of United Parcel Service in the 1st quarter valued at about $31,000. 57.85% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CMO Kevin M. Warren sold 23,366 shares of the firm’s stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $193.31, for a total value of $4,516,881.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.12% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
United Parcel Service Stock Down 0.3 %
UPS opened at $196.09 on Tuesday. United Parcel Service, Inc. has a 1-year low of $165.34 and a 1-year high of $233.72. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $171.34 billion, a price-to-earnings ratio of 15.75, a P/E/G ratio of 1.73 and a beta of 1.08. The business has a 50 day moving average of $183.14 and a 200-day moving average of $194.06.
United Parcel Service (NYSE:UPS – Get Rating) last issued its earnings results on Tuesday, July 26th. The transportation company reported $3.29 EPS for the quarter, topping the consensus estimate of $3.14 by $0.15. The firm had revenue of $24.80 billion during the quarter, compared to analysts’ expectations of $24.59 billion. United Parcel Service had a return on equity of 76.43% and a net margin of 10.92%. United Parcel Service’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business earned $3.06 earnings per share. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 12.81 earnings per share for the current year.
United Parcel Service Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 15th will be given a $1.52 dividend. The ex-dividend date of this dividend is Friday, August 12th. This represents a $6.08 annualized dividend and a yield of 3.10%. United Parcel Service’s dividend payout ratio (DPR) is currently 48.84%.
About United Parcel Service
United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
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