5,950 Shares in United Parcel Service, Inc. $UPS Bought by Diversified Management Inc.

Diversified Management Inc. acquired a new stake in United Parcel Service, Inc. (NYSE:UPSFree Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 5,950 shares of the transportation company’s stock, valued at approximately $590,000.

Several other institutional investors also recently bought and sold shares of the company. Salzhauer Michael acquired a new stake in shares of United Parcel Service in the 3rd quarter worth $31,000. Physician Wealth Advisors Inc. increased its stake in shares of United Parcel Service by 76.5% during the third quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock worth $31,000 after acquiring an additional 163 shares during the period. Avion Wealth raised its holdings in United Parcel Service by 284.1% during the third quarter. Avion Wealth now owns 434 shares of the transportation company’s stock worth $36,000 after purchasing an additional 321 shares in the last quarter. Winch Advisory Services LLC raised its holdings in United Parcel Service by 37.3% during the third quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock worth $38,000 after purchasing an additional 124 shares in the last quarter. Finally, WPG Advisers LLC lifted its position in United Parcel Service by 47.7% in the third quarter. WPG Advisers LLC now owns 486 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 157 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Susquehanna boosted their target price on United Parcel Service from $105.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. UBS Group lifted their price target on United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Stephens increased their price objective on United Parcel Service from $113.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 28th. Jefferies Financial Group raised their target price on United Parcel Service from $115.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Sanford C. Bernstein boosted their target price on shares of United Parcel Service from $122.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, United Parcel Service presently has an average rating of “Hold” and a consensus target price of $113.03.

View Our Latest Analysis on United Parcel Service

Trending Headlines about United Parcel Service

Here are the key news stories impacting United Parcel Service this week:

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total transaction of $2,655,236.10. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.19% of the company’s stock.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $103.50 on Thursday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.45. The company’s 50-day moving average price is $105.90 and its 200 day moving average price is $100.14. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The stock has a market cap of $87.88 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 1.62 and a beta of 1.12.

United Parcel Service (NYSE:UPSGet Free Report) last announced its earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The company had revenue of $24.48 billion during the quarter, compared to analysts’ expectations of $23.91 billion. During the same quarter in the previous year, the business posted $2.75 earnings per share. The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were paid a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.3%. United Parcel Service’s dividend payout ratio is presently 100.00%.

United Parcel Service Company Profile

(Free Report)

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

Featured Articles

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.