Fort Washington Investment Advisors Inc. OH Sells 1,820 Shares of United Parcel Service, Inc. (NYSE:UPS)

Fort Washington Investment Advisors Inc. OH lessened its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 13.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,916 shares of the transportation company’s stock after selling 1,820 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in United Parcel Service were worth $1,503,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. Public Sector Pension Investment Board increased its holdings in shares of United Parcel Service by 76.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 28,189 shares of the transportation company’s stock worth $3,858,000 after purchasing an additional 12,208 shares in the last quarter. Toronto Dominion Bank increased its holdings in shares of United Parcel Service by 0.6% in the 2nd quarter. Toronto Dominion Bank now owns 241,863 shares of the transportation company’s stock worth $33,099,000 after purchasing an additional 1,511 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of United Parcel Service in the 2nd quarter worth $2,631,000. AXA S.A. boosted its stake in shares of United Parcel Service by 1.1% in the 2nd quarter. AXA S.A. now owns 209,247 shares of the transportation company’s stock worth $28,635,000 after buying an additional 2,291 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of United Parcel Service by 102.4% in the 2nd quarter. AQR Capital Management LLC now owns 475,418 shares of the transportation company’s stock worth $65,061,000 after buying an additional 240,554 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Price Performance

NYSE:UPS opened at $133.61 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. The business’s 50-day simple moving average is $128.95 and its two-hundred day simple moving average is $130.82. The stock has a market cap of $114.01 billion, a PE ratio of 20.18, a P/E/G ratio of 1.87 and a beta of 1.00. United Parcel Service, Inc. has a 52 week low of $121.56 and a 52 week high of $161.35.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $22.10 billion. During the same period in the previous year, the firm posted $1.57 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year. As a group, analysts forecast that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 4.88%. United Parcel Service’s dividend payout ratio (DPR) is 98.49%.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated 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 sale, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on UPS. Stifel Nicolaus dropped their price target on United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research note on Thursday. Susquehanna raised their price target on United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target on the stock in a research note on Wednesday, January 8th. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, Evercore ISI lifted their target price on United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service has an average rating of “Moderate Buy” and a consensus target price of $151.24.

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.