United Parcel Service, Inc. (NYSE:UPS) Holdings Raised by Mather Group LLC.

Mather Group LLC. raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,620 shares of the transportation company’s stock after buying an additional 1,823 shares during the period. Mather Group LLC.’s holdings in United Parcel Service were worth $3,357,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UPS. AMF Tjanstepension AB grew its holdings in shares of United Parcel Service by 39.7% in the 3rd quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock worth $14,793,000 after acquiring an additional 30,815 shares during the last quarter. Czech National Bank lifted its holdings in shares of United Parcel Service by 7.4% during the third quarter. Czech National Bank now owns 149,220 shares of the transportation company’s stock valued at $20,345,000 after purchasing an additional 10,227 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of United Parcel Service by 5.3% in the 3rd quarter. GAMMA Investing LLC now owns 5,680 shares of the transportation company’s stock valued at $774,000 after purchasing an additional 286 shares during the period. Eagle Rock Investment Company LLC raised its holdings in United Parcel Service by 0.8% during the 3rd quarter. Eagle Rock Investment Company LLC now owns 43,360 shares of the transportation company’s stock worth $5,912,000 after buying an additional 331 shares during the period. Finally, Miracle Mile Advisors LLC lifted its stake in United Parcel Service by 20.3% during the third quarter. Miracle Mile Advisors LLC now owns 52,392 shares of the transportation company’s stock valued at $7,143,000 after buying an additional 8,834 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling at United Parcel Service

In related 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 sale, the insider now owns 45,098 shares of the company’s stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating on the stock in a report on Friday. Wells Fargo & Company dropped their price target on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a research report on Friday. The Goldman Sachs Group decreased their price objective on United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a research report on Friday. Stifel Nicolaus reduced their price target on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Finally, Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $140.73.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $111.26 on Tuesday. The company has a market cap of $94.95 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 1.63 and a beta of 0.98. The business has a 50 day moving average price of $128.31 and a 200 day moving average price of $130.16. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $158.95.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period in the prior year, the business earned $2.47 EPS. Research analysts predict that United Parcel Service, Inc. will post 8.61 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is presently 96.45%.

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.