Modera Wealth Management LLC Sells 12,670 Shares of United Parcel Service, Inc. $UPS

Modera Wealth Management LLC lowered its stake in United Parcel Service, Inc. (NYSE:UPS) by 9.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 125,637 shares of the transportation company’s stock after selling 12,670 shares during the quarter. Modera Wealth Management LLC’s holdings in United Parcel Service were worth $12,682,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in UPS. Graybill Wealth Management LTD. bought a new position in United Parcel Service during the first quarter worth about $26,000. Mid American Wealth Advisory Group Inc. bought a new position in United Parcel Service during the 2nd quarter worth approximately $26,000. Hemington Wealth Management boosted its stake in United Parcel Service by 68.9% during the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after acquiring an additional 115 shares during the last quarter. Saudi Central Bank acquired a new position in United Parcel Service during the first quarter valued at approximately $32,000. Finally, Flaharty Asset Management LLC bought a new stake in United Parcel Service in the first quarter valued at approximately $33,000. 60.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Christiana Smith Shi purchased 500 shares of United Parcel Service stock in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average cost of $88.17 per share, with a total value of $44,085.00. Following the completion of the transaction, the director owned 500 shares of the company’s stock, valued at approximately $44,085. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on UPS. Vertical Research reissued a “hold” rating and issued a $103.00 price target on shares of United Parcel Service in a report on Wednesday, July 30th. Wall Street Zen raised United Parcel Service from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. BMO Capital Markets reaffirmed a “market perform” rating and set a $96.00 price target (down previously from $125.00) on shares of United Parcel Service in a research report on Friday, September 19th. Citigroup lifted their price objective on United Parcel Service from $112.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Susquehanna raised their target price on shares of United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Price Performance

Shares of UPS opened at $93.64 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $138.67. The stock has a market capitalization of $79.37 billion, a P/E ratio of 14.47, a P/E/G ratio of 2.29 and a beta of 1.11. The company has a 50 day moving average of $86.77 and a 200-day moving average of $92.99.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.31 by $0.43. The business had revenue of $21.40 billion during the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The firm’s revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 7.0%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio is presently 101.39%.

About United Parcel Service

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.