United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC trimmed its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 17.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,957 shares of the transportation company’s stock after selling 8,859 shares during the period. Level Four Advisory Services LLC’s holdings in United Parcel Service were worth $5,417,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UPS. CreativeOne Wealth LLC grew its stake in United Parcel Service by 23.0% in the 3rd quarter. CreativeOne Wealth LLC now owns 14,532 shares of the transportation company’s stock valued at $1,981,000 after acquiring an additional 2,720 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of United Parcel Service by 7.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 285,266 shares of the transportation company’s stock valued at $38,893,000 after purchasing an additional 19,666 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of United Parcel Service by 6.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,639,272 shares of the transportation company’s stock worth $632,518,000 after purchasing an additional 292,777 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of United Parcel Service by 14.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 32,289 shares of the transportation company’s stock worth $4,402,000 after purchasing an additional 4,100 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. lifted its stake in United Parcel Service by 44.4% in the 3rd quarter. Northwest & Ethical Investments L.P. now owns 55,829 shares of the transportation company’s stock valued at $7,612,000 after buying an additional 17,155 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

United Parcel Service stock opened at $109.66 on Friday. United Parcel Service, Inc. has a 52 week low of $109.40 and a 52 week high of $154.29. 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 stock has a market cap of $93.66 billion, a P/E ratio of 16.22, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94. The stock has a 50 day moving average of $118.52 and a 200-day moving average of $126.44.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 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 business posted $2.47 EPS. On average, analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend was Tuesday, February 18th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio (DPR) is currently 97.04%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on UPS shares. Baird R W downgraded United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Wells Fargo & Company decreased their price target on shares of United Parcel Service from $128.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft started coverage on shares of United Parcel Service in a research report on Friday, March 7th. They issued a “hold” rating and a $119.00 price objective for the company. Raymond James decreased their target price on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating on the stock in a research report on Friday, January 31st. Finally, BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and cut their price target for the company from $155.00 to $150.00 in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service presently has a consensus rating of “Moderate Buy” and an average target price of $137.57.

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.