Future Financial Wealth Managment LLC Increases Holdings in United Parcel Service, Inc. (NYSE:UPS)

Future Financial Wealth Managment LLC grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,100 shares of the transportation company’s stock after buying an additional 255 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in United Parcel Service were worth $643,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in UPS. True Wealth Design LLC increased its position in shares of United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after acquiring an additional 171 shares during the period. PSI Advisors LLC boosted its stake in United Parcel Service by 408.2% in the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 200 shares in the last quarter. Princeton Global Asset Management LLC boosted its stake 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 valued at $34,000 after acquiring an additional 216 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in United Parcel Service in the third quarter valued at approximately $36,000. Finally, Meeder Asset Management Inc. boosted its stake in United Parcel Service by 271.7% in the second quarter. Meeder Asset Management Inc. now owns 394 shares of the transportation company’s stock valued at $54,000 after acquiring an additional 288 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

NYSE:UPS traded up $1.42 during mid-day trading on Monday, reaching $124.70. 3,822,151 shares of the stock were exchanged, compared to its average volume of 4,104,106. 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 1 year low of $121.56 and a 1 year high of $161.35. The company has a 50 day simple moving average of $129.54 and a 200-day simple moving average of $131.16. The stock has a market capitalization of $106.42 billion, a P/E ratio of 18.84, a P/E/G ratio of 2.11 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, beating 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 firm had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. During the same period last year, the business posted $1.57 EPS. United Parcel Service’s quarterly revenue was up 5.4% on a year-over-year basis. Analysts anticipate that United Parcel Service, Inc. will post 7.48 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s payout ratio is 98.49%.

Analyst Upgrades and Downgrades

UPS has been the subject of several research reports. Susquehanna lifted their price objective on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. StockNews.com upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Wells Fargo & Company lowered 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 note on Tuesday, January 7th. Finally, Evercore ISI lifted their price objective on shares of United Parcel Service from $138.00 to $141.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 22nd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $151.10.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.13% of the stock is owned by insiders.

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.