United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Town & Country Bank & Trust CO dba First Bankers Trust CO

Town & Country Bank & Trust CO dba First Bankers Trust CO lessened its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 32.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,208 shares of the transportation company’s stock after selling 5,909 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in United Parcel Service were worth $1,539,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in UPS. IFS Advisors LLC increased its stake in shares of United Parcel Service by 232.3% during the 4th 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 position in United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares in the last quarter. PSI Advisors LLC lifted its position 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 acquiring an additional 200 shares in the last quarter. Princeton Global Asset Management LLC boosted its stake 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 valued at $34,000 after acquiring an additional 216 shares during the last quarter. Finally, FSA Wealth Management LLC purchased a new position in United Parcel Service in the 3rd quarter valued at about $36,000. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

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 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 completion of the sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by insiders.

United Parcel Service Stock Up 2.4 %

United Parcel Service stock opened at $136.23 on Tuesday. The firm has a market capitalization of $116.26 billion, a P/E ratio of 20.58, a P/E/G ratio of 1.86 and a beta of 1.00. The company has a 50-day simple moving average of $128.95 and a 200-day simple moving average of $130.76. United Parcel Service, Inc. has a one year low of $121.56 and a one year high of $158.95. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 4.79%. United Parcel Service’s dividend payout ratio is presently 98.49%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Citigroup lowered their price objective on 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. The Goldman Sachs Group lowered their price target on United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Oppenheimer increased their price objective on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Evercore ISI boosted their target price on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a report on Wednesday, January 22nd. Finally, Wells Fargo & Company decreased 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 report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $151.24.

United Parcel Service 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.