S.A. Mason LLC Sells 100 Shares of United Parcel Service, Inc. (NYSE:UPS)

S.A. Mason LLC decreased its holdings in United Parcel Service, Inc. (NYSE:UPS) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,011 shares of the transportation company’s stock after selling 100 shares during the period. S.A. Mason LLC’s holdings in United Parcel Service were worth $631,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. VisionPoint Advisory Group LLC bought a new stake in United Parcel Service during the 2nd quarter valued at $25,000. OFI Invest Asset Management purchased a new position in United Parcel Service in the third quarter worth $25,000. IMA Wealth Inc. grew its holdings in United Parcel Service by 100.0% in the second quarter. IMA Wealth Inc. now owns 142 shares of the transportation company’s stock worth $25,000 after purchasing an additional 71 shares during the last quarter. Pacific Center for Financial Services acquired a new position in shares of United Parcel Service during the first quarter worth $25,000. Finally, Worth Asset Management LLC purchased a new stake in shares of United Parcel Service during the 1st quarter valued at $27,000. 60.26% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other United Parcel Service news, Director Eva C. Boratto bought 1,400 shares of United Parcel Service stock in a transaction dated Friday, February 2nd. The stock was acquired at an average cost of $142.30 per share, with a total value of $199,220.00. Following the purchase, the director now directly owns 1,400 shares in the company, valued at approximately $199,220. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.13% of the stock is currently owned by company insiders.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $147.33 on Thursday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market capitalization of $125.62 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 1.64 and a beta of 1.05. The firm’s 50 day simple moving average is $150.79 and its 200-day simple moving average is $152.28. United Parcel Service, Inc. has a 12 month low of $133.68 and a 12 month high of $197.80.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.46 by $0.01. The company had revenue of $24.92 billion for the quarter, compared to analyst estimates of $25.40 billion. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The firm’s revenue was down 7.8% on a year-over-year basis. During the same quarter last year, the business earned $3.62 earnings per share. Analysts expect that United Parcel Service, Inc. will post 8.29 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were issued a $1.63 dividend. This is a boost from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date of this dividend was Friday, February 16th. This represents a $6.52 dividend on an annualized basis and a yield of 4.43%. United Parcel Service’s dividend payout ratio is presently 83.70%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on UPS shares. Barclays reduced their target price on United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 31st. Morgan Stanley upped their price objective on shares of United Parcel Service from $95.00 to $100.00 and gave the company an “underweight” rating in a report on Wednesday. UBS Group upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $160.00 to $175.00 in a research note on Tuesday, February 6th. TD Cowen cut their price target on shares of United Parcel Service from $175.00 to $147.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 31st. Finally, Raymond James lowered their price objective on shares of United Parcel Service from $185.00 to $175.00 and set a “strong-buy” rating for the company in a research note on Wednesday, January 31st. One analyst has rated the stock with a sell rating, sixteen have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $166.81.

About United Parcel Service

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.