Brooklands Fund Management Ltd Makes New Investment in United Parcel Service, Inc. $UPS

Brooklands Fund Management Ltd bought a new stake in United Parcel Service, Inc. (NYSE:UPS) during the 1st quarter, HoldingsChannel.com reports. The firm bought 10,990 shares of the transportation company’s stock, valued at approximately $1,081,000. United Parcel Service comprises approximately 1.2% of Brooklands Fund Management Ltd’s holdings, making the stock its 22nd biggest holding.

A number of other institutional investors have also recently made changes to their positions in the company. IFC & Insurance Marketing Inc. purchased a new position in shares of United Parcel Service in the fourth quarter worth about $25,000. University of Texas Texas AM Investment Management Co. purchased a new stake in United Parcel Service during the 4th quarter valued at about $25,000. Coston McIsaac & Partners raised its holdings in United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 119 shares during the last quarter. Torren Management LLC purchased a new position in United Parcel Service in the 4th quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service during the 4th quarter worth approximately $29,000. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Susquehanna increased their price target on United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Sanford C. Bernstein upped their target price on United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Tuesday. Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Stephens raised shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Citizens Jmp started coverage on shares of United Parcel Service in a report on Wednesday, July 15th. They issued a “market perform” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $111.50.

United Parcel Service Price Performance

UPS stock opened at $114.06 on Friday. The business has a fifty day moving average of $107.96 and a two-hundred day moving average of $106.57. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50. The stock has a market cap of $96.95 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 1.84 and a beta of 1.05. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.99 billion. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The company’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 EPS. As a group, research analysts anticipate that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were given a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a yield of 5.8%. United Parcel Service’s dividend payout ratio is presently 106.15%.

About United Parcel Service

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.