United Parcel Service, Inc. $UPS Shares Acquired by IFP Advisors Inc

IFP Advisors Inc grew its stake in United Parcel Service, Inc. (NYSE:UPS) by 16.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 44,878 shares of the transportation company’s stock after buying an additional 6,204 shares during the quarter. IFP Advisors Inc’s holdings in United Parcel Service were worth $4,451,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Coston McIsaac & Partners lifted its holdings in shares of 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 buying an additional 119 shares during the period. Torren Management LLC acquired a new position in United Parcel Service in the 4th quarter worth about $29,000. Physician Wealth Advisors Inc. raised its holdings in United Parcel Service by 76.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock worth $31,000 after purchasing an additional 163 shares during the period. Elyxium Wealth LLC acquired a new position in United Parcel Service in the 4th quarter worth about $40,000. Finally, Activest Wealth Management raised its holdings in United Parcel Service by 144.3% in the 4th quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock worth $40,000 after purchasing an additional 241 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Price Performance

NYSE:UPS opened at $98.84 on Thursday. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The stock has a 50 day moving average of $100.39 and a two-hundred day moving average of $102.72. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.50. The firm has a market cap of $84.02 billion, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 1.54 and a beta of 1.06.

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

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, May 18th will be paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.6%. The ex-dividend date is Monday, May 18th. United Parcel Service’s payout ratio is 106.15%.

Analysts Set New Price Targets

A number of research firms recently weighed in on UPS. UBS Group reduced their price target on United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Evercore reduced their price target on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a report on Wednesday, April 22nd. TD Cowen upped their price target on United Parcel Service from $101.00 to $115.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. Oppenheimer upped their price target on United Parcel Service from $107.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Finally, Stephens upped their price target on United Parcel Service from $113.00 to $115.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $111.87.

United Parcel Service Profile

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.