Valley National Advisers Inc. Lowers Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Valley National Advisers Inc. lessened its position in United Parcel Service, Inc. (NYSE:UPS) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,192 shares of the transportation company’s stock after selling 186 shares during the quarter. Valley National Advisers Inc.’s holdings in United Parcel Service were worth $528,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. IFS Advisors LLC lifted its position in shares of United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after purchasing an additional 151 shares in the last quarter. True Wealth Design LLC increased its stake in United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares during the period. PSI Advisors LLC lifted its holdings in United Parcel Service by 408.2% during the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after buying an additional 200 shares in the last quarter. Princeton Global Asset Management LLC boosted its position in United Parcel Service by 720.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after buying an additional 216 shares during the period. Finally, FSA Wealth Management LLC purchased a new stake in shares of United Parcel Service during the third quarter worth $36,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Trading Down 0.6 %

Shares of United Parcel Service stock opened at $114.19 on Monday. The company’s fifty day moving average is $128.31 and its two-hundred day moving average is $130.28. United Parcel Service, Inc. has a 1 year low of $109.62 and a 1 year high of $158.95. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The company has a market capitalization of $97.45 billion, a P/E ratio of 16.89, a PEG ratio of 1.63 and a beta of 0.98.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping 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 quarter last year, the company earned $2.47 EPS. Analysts forecast that United Parcel Service, Inc. will post 8.61 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 5.71%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio is presently 96.45%.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the sale, the insider now owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the company. BMO Capital Markets raised United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their target price for the stock from $155.00 to $150.00 in a research note on Tuesday, December 10th. Bank of America lowered their price objective on United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a research report on Friday. Barclays reaffirmed an “underweight” rating and issued a $120.00 target price on shares of United Parcel Service in a report on Monday, October 21st. Baird R W cut shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a report on Friday. Finally, StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.95.

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.