United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC boosted its position in United Parcel Service, Inc. (NYSE:UPS) by 9.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,339 shares of the transportation company’s stock after acquiring an additional 376 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in United Parcel Service were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. True Wealth Design LLC boosted its holdings in United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 171 shares during the last quarter. IFS Advisors LLC boosted its holdings in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares during the last quarter. Princeton Global Asset Management LLC boosted its holdings in United Parcel Service by 720.0% in 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. PSI Advisors LLC boosted its holdings in 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 during the last quarter. Finally, FSA Wealth Management LLC acquired a new position in United Parcel Service in the third quarter valued at $36,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of UPS stock opened at $114.19 on Friday. United Parcel Service, Inc. has a 12-month low of $109.62 and a 12-month high of $158.95. The firm has a market capitalization of $97.45 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 1.88 and a beta of 1.00. The business has a 50 day simple moving average of $128.72 and a 200 day simple moving average of $130.61. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data 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 return on equity of 37.38% and a net margin of 6.25%. During the same period last year, the business posted $2.47 earnings per share. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.5 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s payout ratio is currently 98.49%.

Wall Street Analyst Weigh In

UPS has been the topic of several research reports. Susquehanna cut their price objective on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday. Wells Fargo & Company cut their price objective on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a research report on Friday. Citigroup cut their price objective on United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a research report on Friday. Morgan Stanley cut their price objective on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, Oppenheimer lifted their target price on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, United Parcel Service has an average rating of “Moderate Buy” and an average target price of $141.95.

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 stock in a transaction on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

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.