TCM Advisors LLC Has $971,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

TCM Advisors LLC decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,700 shares of the transportation company’s stock after selling 600 shares during the quarter. TCM Advisors LLC’s holdings in United Parcel Service were worth $971,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. IMG Wealth Management Inc. acquired a new stake in United Parcel Service during the 4th quarter worth $25,000. Generali Investments Management Co LLC acquired a new stake in shares of United Parcel Service during the fourth quarter worth $26,000. IFS Advisors LLC increased 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 valued at $27,000 after purchasing an additional 151 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new position in United Parcel Service in the fourth quarter valued at about $30,000. Finally, Whipplewood Advisors LLC bought a new position in United Parcel Service during the fourth quarter worth about $34,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Up 0.4 %

UPS stock opened at $96.95 on Friday. The company has a market cap of $82.81 billion, a price-to-earnings ratio of 14.34, a P/E/G ratio of 1.55 and a beta of 1.10. United Parcel Service, Inc. has a twelve month low of $90.55 and a twelve month high of $153.42. The business has a 50 day moving average price of $112.11 and a two-hundred day moving average price of $123.97. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the firm earned $2.47 earnings per share. Analysts anticipate 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. Investors of record on Tuesday, February 18th were paid a $1.64 dividend. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a yield of 6.77%. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s dividend payout ratio (DPR) is 97.04%.

Analyst Ratings Changes

UPS has been the subject of a number of recent analyst reports. Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. reduced their price target on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. The Goldman Sachs Group decreased their price target on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a report on Friday, January 31st. Raymond James reduced their target price on United Parcel Service from $145.00 to $130.00 and set a “strong-buy” rating on the stock in a report on Tuesday, April 8th. Finally, Loop Capital decreased their target price on United Parcel Service from $120.00 to $115.00 and set a “hold” rating for the company in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $131.32.

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.