GHP Investment Advisors Inc. Has $2.33 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

GHP Investment Advisors Inc. increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 4.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 18,461 shares of the transportation company’s stock after buying an additional 724 shares during the period. GHP Investment Advisors Inc.’s holdings in United Parcel Service were worth $2,328,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. AMF Tjanstepension AB boosted its stake 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 valued at $14,793,000 after purchasing an additional 30,815 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in United Parcel Service by 0.7% during the third quarter. Dynamic Advisor Solutions LLC now owns 22,522 shares of the transportation company’s stock valued at $3,071,000 after acquiring an additional 150 shares during the last quarter. Hoxton Planning & Management LLC acquired a new stake in United Parcel Service during the 3rd quarter worth about $257,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of United Parcel Service by 10.3% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,255 shares of the transportation company’s stock worth $444,000 after acquiring an additional 303 shares in the last quarter. Finally, CWM LLC lifted its stake in shares of United Parcel Service by 1.6% in the 3rd quarter. CWM LLC now owns 85,536 shares of the transportation company’s stock valued at $11,662,000 after purchasing an additional 1,378 shares during the period. 60.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction dated 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. This trade represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.13% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently commented on UPS. Stifel Nicolaus decreased their target price on United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price objective on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. UBS Group dropped their target price on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from $155.00 to $150.00 in a report on Tuesday, December 10th. Finally, 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 report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $113.47 on Friday. United Parcel Service, Inc. has a 1-year low of $109.40 and a 1-year high of $158.95. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The stock has a market cap of $96.83 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 1.63 and a beta of 0.98. The stock’s fifty day simple moving average is $126.84 and its two-hundred day simple moving average is $129.57.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share 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 quarter in the previous year, the firm earned $2.47 EPS. As a group, analysts forecast that United Parcel Service, Inc. will post 8.61 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.78%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, February 18th. United Parcel Service’s dividend payout ratio (DPR) is presently 96.45%.

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.