United Parcel Service, Inc. (NYSE:UPS) Holdings Cut by Stratos Investment Management LLC

Stratos Investment Management LLC lessened its position in United Parcel Service, Inc. (NYSE:UPS) by 9.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,390 shares of the transportation company’s stock after selling 676 shares during the period. Stratos Investment Management LLC’s holdings in United Parcel Service were worth $806,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UPS. IFS Advisors LLC boosted its holdings in shares of United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares in the last quarter. True Wealth Design LLC lifted its position in shares of United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 171 shares in the last quarter. PSI Advisors LLC boosted its stake in United Parcel Service by 408.2% in the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Princeton Global Asset Management LLC raised its stake in United Parcel Service by 720.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 216 shares during the period. Finally, FSA Wealth Management LLC bought a new stake in United Parcel Service in the third quarter worth approximately $36,000. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Up 0.4 %

NYSE:UPS opened at $111.75 on Wednesday. The stock’s fifty day moving average price is $127.78 and its two-hundred day moving average price is $129.93. The company has a market cap of $95.37 billion, a price-to-earnings ratio of 16.53, a P/E/G ratio of 1.63 and a beta of 0.98. United Parcel Service, Inc. has a 52-week low of $109.40 and a 52-week high of $158.95. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same quarter in the prior year, the firm posted $2.47 EPS. On average, analysts anticipate that United Parcel Service, Inc. will post 8.61 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on UPS shares. Morgan Stanley lowered their price objective on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a report on Friday, January 31st. Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Susquehanna dropped their price objective on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. JPMorgan Chase & Co. lowered their target price on United Parcel Service from $135.00 to $120.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Finally, Robert W. Baird cut United Parcel Service from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $160.00 to $130.00 in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, United Parcel Service currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

Insider Buying and Selling at United Parcel Service

In related 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 sale, the insider now owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

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.