United Parcel Service, Inc. (NYSE:UPS) Stake Raised by Mitchell & Pahl Private Wealth LLC

Mitchell & Pahl Private Wealth LLC grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,741 shares of the transportation company’s stock after purchasing an additional 1,249 shares during the period. Mitchell & Pahl Private Wealth LLC’s holdings in United Parcel Service were worth $2,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Culbertson A N & Co. Inc. boosted its holdings in United Parcel Service by 1.6% during the fourth quarter. Culbertson A N & Co. Inc. now owns 28,416 shares of the transportation company’s stock worth $3,583,000 after buying an additional 435 shares in the last quarter. ZWJ Investment Counsel Inc. boosted its stake in shares of United Parcel Service by 4.1% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 4,869 shares of the transportation company’s stock worth $614,000 after acquiring an additional 193 shares in the last quarter. Pure Financial Advisors LLC boosted its stake in shares of United Parcel Service by 1.6% during the 4th quarter. Pure Financial Advisors LLC now owns 18,442 shares of the transportation company’s stock worth $2,326,000 after acquiring an additional 285 shares in the last quarter. Bonness Enterprises Inc. grew its holdings in shares of United Parcel Service by 24.0% in the 4th quarter. Bonness Enterprises Inc. now owns 21,150 shares of the transportation company’s stock worth $2,667,000 after acquiring an additional 4,100 shares during the last quarter. Finally, LaFleur & Godfrey LLC raised its position in shares of United Parcel Service by 62.8% during the fourth quarter. LaFleur & Godfrey LLC now owns 6,225 shares of the transportation company’s stock worth $785,000 after purchasing an additional 2,401 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Down 0.1 %

UPS opened at $129.77 on Tuesday. The firm has a market cap of $110.74 billion, a P/E ratio of 19.60, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The business has a 50 day moving average price of $128.95 and a 200 day moving average price of $130.87. 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) last issued its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. During the same period in the previous year, the company earned $1.57 earnings per share. United Parcel Service’s revenue for the quarter was up 5.4% on a year-over-year basis. Research analysts forecast that United Parcel Service, Inc. will post 7.49 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 5.02%. The ex-dividend date was Monday, November 18th. United Parcel Service’s dividend payout ratio is currently 98.49%.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the sale, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

UPS has been the topic of a number of analyst reports. Bank of America raised United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Thursday, January 16th. BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their target price for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. Wells Fargo & Company lowered their price objective on shares of United Parcel Service from $155.00 to $150.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Finally, StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $151.10.

United Parcel Service Company 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.