Ausdal Financial Partners Inc. Has $644,000 Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Ausdal Financial Partners Inc. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 113.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,106 shares of the transportation company’s stock after purchasing an additional 2,714 shares during the period. Ausdal Financial Partners Inc.’s holdings in United Parcel Service were worth $644,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in UPS. IMG Wealth Management Inc. acquired a new position in shares of United Parcel Service during the fourth quarter valued at about $25,000. Generali Investments Management Co LLC bought a new position in United Parcel Service in the fourth quarter worth approximately $26,000. IFS Advisors LLC boosted its holdings in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. True Wealth Design LLC increased its holdings 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 valued at $29,000 after acquiring an additional 171 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. acquired a new position in shares of United Parcel Service during the fourth quarter worth approximately $30,000. 60.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on UPS. Stifel Nicolaus reduced their price target on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Susquehanna decreased their target price on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Citigroup dropped their price target on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Robert W. Baird downgraded United Parcel Service from an “outperform” rating to a “neutral” rating and cut their price target for the company from $160.00 to $130.00 in a research note on Friday, January 31st. Finally, Raymond James lowered their price objective on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research note on Friday, January 31st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service has an average rating of “Moderate Buy” and a consensus target price of $137.57.

United Parcel Service Price Performance

United Parcel Service stock opened at $111.05 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The business’s 50 day simple moving average is $118.92 and its 200 day simple moving average is $126.58. United Parcel Service, Inc. has a 12 month low of $109.40 and a 12 month high of $154.29. The company has a market cap of $94.85 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 1.55 and a beta of 0.94.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter in the prior year, the business posted $2.47 earnings per share. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were given a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 5.91%. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s payout ratio is 97.04%.

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.