Focus Partners Advisor Solutions LLC Buys 4,699 Shares of United Parcel Service, Inc. $UPS

Focus Partners Advisor Solutions LLC increased its holdings in United Parcel Service, Inc. (NYSE:UPS) by 14.3% in the fourth quarter, Holdings Channel reports. The fund owned 37,618 shares of the transportation company’s stock after purchasing an additional 4,699 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in United Parcel Service were worth $3,731,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Coston McIsaac & Partners lifted its stake in United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after acquiring an additional 119 shares during the period. Torren Management LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at about $29,000. Elyxium Wealth LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at about $40,000. Activest Wealth Management raised its holdings in shares of United Parcel Service by 144.3% in the 4th quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 241 shares in the last quarter. Finally, Optima Capital LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at about $44,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Trading Up 0.1%

NYSE UPS opened at $107.85 on Wednesday. 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 firm has a market cap of $91.68 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 1.71 and a beta of 1.05. The company has a 50 day moving average price of $102.65 and a 200 day moving average price of $103.84. 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 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. The firm had revenue of $21.20 billion during the quarter, compared to analyst estimates of $20.99 billion. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. United Parcel Service’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.49 EPS. As a group, sell-side analysts forecast that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, May 18th were paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.1%. The ex-dividend date was Monday, May 18th. United Parcel Service’s payout ratio is 106.15%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Susquehanna boosted their price target on shares of United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Evercore reduced their price target on shares of 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. Weiss Ratings lowered shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Citigroup boosted their price target on shares of United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, UBS Group reduced their price target on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $111.50.

United Parcel Service Company 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.