Powers Advisory Group LLC Has $521,000 Stake in United Parcel Service, Inc. (NYSE:UPS)

Powers Advisory Group LLC increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,131 shares of the transportation company’s stock after purchasing an additional 111 shares during the quarter. Powers Advisory Group LLC’s holdings in United Parcel Service were worth $521,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC increased its stake in shares of United Parcel Service by 15,779.6% in the third quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company’s stock worth $1,994,853,000 after purchasing an additional 14,539,321 shares during the period. Two Sigma Advisers LP raised its stake in United Parcel Service by 833.4% during the 3rd quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company’s stock valued at $282,783,000 after purchasing an additional 1,851,900 shares during the last quarter. Van ECK Associates Corp boosted its holdings in United Parcel Service by 1,061.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company’s stock valued at $232,959,000 after purchasing an additional 1,620,091 shares during the period. Charles Schwab Investment Management Inc. grew its position in United Parcel Service by 6.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock worth $2,989,609,000 after purchasing an additional 1,320,921 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in United Parcel Service by 5,136.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,079,964 shares of the transportation company’s stock worth $147,242,000 after purchasing an additional 1,059,339 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of NYSE:UPS opened at $114.94 on Friday. The business has a fifty day moving average of $129.05 and a 200-day moving average of $130.72. 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, Inc. has a twelve month low of $109.62 and a twelve month high of $158.95. The firm has a market cap of $98.09 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 1.88 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last announced its 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 net margin of 6.25% and a return on equity of 37.38%. During the same quarter last year, the business earned $2.47 EPS. On average, equities research analysts predict that United Parcel Service, Inc. will post 7.5 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. Shareholders of record on Monday, November 18th were issued a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.67%. United Parcel Service’s dividend payout ratio is currently 98.49%.

Insider Buying and Selling 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 on Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the sale, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on UPS. Evercore ISI upped their price objective on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday, January 22nd. Bank of America cut their price target on United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a report on Friday. Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Wells Fargo & Company cut their target price on United Parcel Service from $155.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, UBS Group raised their target price on United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $149.00.

About United Parcel Service

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.