United Parcel Service, Inc. (NYSE:UPS) is Jamison Private Wealth Management Inc.’s 4th Largest Position

Jamison Private Wealth Management Inc. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 180,494 shares of the transportation company’s stock after purchasing an additional 3,721 shares during the quarter. United Parcel Service accounts for about 3.4% of Jamison Private Wealth Management Inc.’s investment portfolio, making the stock its 4th largest holding. Jamison Private Wealth Management Inc.’s holdings in United Parcel Service were worth $22,760,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. True Wealth Design LLC lifted its position 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 acquiring an additional 171 shares in the last quarter. IFS Advisors LLC raised its stake 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 valued at $27,000 after purchasing an additional 151 shares during the period. Princeton Global Asset Management LLC lifted its position in shares of United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after purchasing an additional 216 shares in the last quarter. PSI Advisors LLC boosted its stake in shares of United Parcel Service by 408.2% in the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 200 shares during the period. Finally, FSA Wealth Management LLC acquired a new stake in United Parcel Service during the 3rd quarter valued at $36,000. 60.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the sale, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of recent analyst reports. Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Stifel Nicolaus reduced their price objective on United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research note on Thursday. The Goldman Sachs Group lowered their target price on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. Wells Fargo & Company reduced their price target on shares of United Parcel Service from $155.00 to $150.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Finally, Citigroup lowered their price objective on shares of United Parcel Service from $163.00 to $158.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.24.

United Parcel Service Stock Down 0.5 %

United Parcel Service stock opened at $132.98 on Friday. The company’s 50-day moving average price is $128.95 and its two-hundred day moving average price is $130.82. The stock has a market cap of $113.48 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.86 and a beta of 1.00. United Parcel Service, Inc. has a 52 week low of $121.56 and a 52 week high of $161.35. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The firm had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. During the same period in the prior year, the firm posted $1.57 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, analysts expect that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 4.90%. United Parcel Service’s dividend payout ratio (DPR) is 98.49%.

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.