MWA Asset Management Sells 652 Shares of United Parcel Service, Inc. (NYSE:UPS)

MWA Asset Management decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 13.1% during the 4th quarter, Holdings Channel reports. The firm owned 4,326 shares of the transportation company’s stock after selling 652 shares during the quarter. MWA Asset Management’s holdings in United Parcel Service were worth $546,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. True Wealth Design LLC boosted its holdings in shares of United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares in the last quarter. IFS Advisors LLC lifted its position in shares of United Parcel Service by 232.3% during 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. Princeton Global Asset Management LLC boosted its stake in 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 worth $34,000 after acquiring an additional 216 shares in the last quarter. PSI Advisors LLC grew 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 worth $34,000 after purchasing an additional 200 shares during the period. Finally, FSA Wealth Management LLC bought a new stake 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.

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 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 sale, the insider now directly owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is owned by corporate insiders.

United Parcel Service Trading Down 0.2 %

Shares of United Parcel Service stock opened at $113.20 on Friday. The firm has a market cap of $96.60 billion, a PE ratio of 16.75, a P/E/G ratio of 1.50 and a beta of 0.98. United Parcel Service, Inc. has a 1 year low of $109.40 and a 1 year high of $158.95. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The stock has a fifty day moving average price of $126.40 and a 200-day moving average price of $129.46.

United Parcel Service (NYSE:UPS) last posted 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 net margin of 6.35% and a return on equity of 39.13%. During the same quarter in the prior year, the firm earned $2.47 earnings per share. Equities research analysts anticipate that United Parcel Service, Inc. will post 7.99 EPS for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be paid a $1.64 dividend. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $6.56 annualized dividend and a yield of 5.80%. United Parcel Service’s dividend payout ratio is presently 96.45%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on UPS shares. Wolfe Research raised shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price objective on the stock in a research report on Wednesday, January 8th. Robert W. Baird cut United Parcel Service from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $160.00 to $130.00 in a research note on Friday, January 31st. Raymond James lowered their target price on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating on the stock in a research report on Friday, January 31st. Citigroup reduced their price target on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Finally, Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

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.