United Parcel Service, Inc. (NYSE:UPS) Shares Bought by Lester Murray Antman dba SimplyRich

Lester Murray Antman dba SimplyRich raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 5.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,238 shares of the transportation company’s stock after purchasing an additional 172 shares during the quarter. Lester Murray Antman dba SimplyRich’s holdings in United Parcel Service were worth $408,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Cigna Investments Inc. New grew its position in United Parcel Service by 1.0% during the third quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company’s stock valued at $1,024,000 after buying an additional 75 shares during the period. Pacific Sage Partners LLC boosted its stake in shares of United Parcel Service by 4.8% during the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company’s stock worth $212,000 after acquiring an additional 77 shares in the last quarter. Banco Santander S.A. grew its position in shares of United Parcel Service by 0.6% during the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock valued at $1,717,000 after acquiring an additional 79 shares during the period. Gleason Group Inc. increased its stake in shares of United Parcel Service by 1.2% in the 3rd quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company’s stock valued at $897,000 after purchasing an additional 80 shares in the last quarter. Finally, Quent Capital LLC increased its stake in shares of United Parcel Service by 16.7% in the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Citigroup dropped their price objective on United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a report on Friday, January 31st. UBS Group decreased their target price on 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. Raymond James cut their price target on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a report on Friday, January 31st. Loop Capital decreased their price objective on shares of United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a report on Monday, February 3rd. Finally, Stifel Nicolaus dropped their target price on shares of 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. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, United Parcel Service presently has an average rating of “Moderate Buy” and a consensus price target of $140.73.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction that occurred on 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 transaction, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.13% of the stock is owned by insiders.

United Parcel Service Trading Up 0.3 %

Shares of UPS stock opened at $114.49 on Wednesday. United Parcel Service, Inc. has a 1 year low of $109.40 and a 1 year high of $158.95. The firm has a market capitalization of $97.70 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.50 and a beta of 0.98. The stock has a fifty day moving average of $125.55 and a two-hundred day moving average of $129.16. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating 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 previous year, the company earned $2.47 EPS. As a group, research analysts expect that United Parcel Service, Inc. will post 7.99 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th will be issued a $1.64 dividend. The ex-dividend date is Tuesday, February 18th. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a dividend yield of 5.73%. United Parcel Service’s dividend payout ratio (DPR) is 96.45%.

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.