B. Metzler seel. Sohn & Co. AG Sells 16,981 Shares of United Parcel Service, Inc. (NYSE:UPS)

B. Metzler seel. Sohn & Co. AG lessened its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 26.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,060 shares of the transportation company’s stock after selling 16,981 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in United Parcel Service were worth $5,934,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Boston Research & Management Inc. increased its position in shares of United Parcel Service by 3.0% during the 4th quarter. Boston Research & Management Inc. now owns 40,759 shares of the transportation company’s stock worth $5,139,000 after purchasing an additional 1,183 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in United Parcel Service by 3,650.0% during the fourth quarter. Meeder Asset Management Inc. now owns 4,500 shares of the transportation company’s stock worth $567,000 after buying an additional 4,380 shares during the last quarter. O Shaughnessy Asset Management LLC raised its position in United Parcel Service by 1.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 41,386 shares of the transportation company’s stock worth $5,219,000 after acquiring an additional 641 shares in the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new stake in United Parcel Service in the fourth quarter valued at $304,000. Finally, Schroder Investment Management Group grew its position in shares of United Parcel Service by 6.9% in the 4th quarter. Schroder Investment Management Group now owns 190,286 shares of the transportation company’s stock valued at $23,847,000 after acquiring an additional 12,286 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Trading Up 0.3 %

Shares of UPS stock opened at $110.00 on Tuesday. 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, Inc. has a fifty-two week low of $108.30 and a fifty-two week high of $154.29. The company has a market cap of $93.96 billion, a PE ratio of 16.27, a P/E/G ratio of 1.55 and a beta of 0.94. The stock’s fifty day moving average price is $118.12 and its two-hundred day moving average price is $126.27.

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 return on equity of 39.13% and a net margin of 6.35%. During the same period in the previous year, the firm earned $2.47 EPS. Equities analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were paid a $1.64 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 5.96%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio is currently 97.04%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on UPS shares. The Goldman Sachs Group dropped their target price on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Deutsche Bank Aktiengesellschaft assumed coverage on 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. Wells Fargo & Company decreased their target price on United Parcel Service from $128.00 to $120.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Truist Financial initiated coverage on United Parcel Service in a report on Thursday, March 13th. They set a “buy” rating and a $140.00 price target for the company. Finally, UBS Group decreased their price objective on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Two investment 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $136.26.

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.