5,500 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 5,500 shares of the transportation company’s stock, valued at approximately $694,000.

Several other large investors have also recently added to or reduced their stakes in the stock. IFS Advisors LLC increased its position in United Parcel Service by 232.3% in the 4th 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 period. True Wealth Design LLC grew its stake in shares of United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after purchasing an additional 171 shares in the last quarter. PSI Advisors LLC increased its holdings in shares of United Parcel Service by 408.2% during 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. Princeton Global Asset Management LLC raised 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 purchasing an additional 216 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in United Parcel Service in the third quarter worth about $36,000. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $111.75 on Wednesday. United Parcel Service, Inc. has a 12 month low of $109.40 and a 12 month high of $158.95. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The stock has a market cap of $95.37 billion, a PE ratio of 16.53, a price-to-earnings-growth ratio of 1.63 and a beta of 0.98. The business has a fifty day simple moving average of $127.78 and a 200-day simple moving average of $129.93.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter last year, the firm posted $2.47 earnings per share. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 8.61 EPS for the current fiscal year.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service 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 of the company’s stock, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.13% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on UPS shares. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Oppenheimer boosted their target price on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and cut their target price for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. Stifel Nicolaus lowered their price target on United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. Finally, Citigroup cut their price objective on United Parcel Service from $158.00 to $149.00 and set a “buy” rating for the company in a report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $140.73.

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.