Twin City Private Wealth LLC Sells 1,251 Shares of United Parcel Service, Inc. (NYSE:UPS)

Twin City Private Wealth LLC decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,305 shares of the transportation company’s stock after selling 1,251 shares during the quarter. Twin City Private Wealth LLC’s holdings in United Parcel Service were worth $1,173,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Pacific Sage Partners LLC grew its stake in shares of United Parcel Service by 4.8% in 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. Quent Capital LLC grew 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 worth $70,000 after acquiring an additional 80 shares in the last quarter. Gleason Group Inc. grew its stake in shares of United Parcel Service by 1.3% in the 4th quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company’s stock worth $840,000 after acquiring an additional 84 shares in the last quarter. Dunhill Financial LLC grew its stake in shares of United Parcel Service by 4.9% in the 3rd quarter. Dunhill Financial LLC now owns 1,831 shares of the transportation company’s stock worth $250,000 after acquiring an additional 86 shares in the last quarter. Finally, Weaver Consulting Group grew its stake in shares of United Parcel Service by 3.0% in the 3rd quarter. Weaver Consulting Group now owns 3,053 shares of the transportation company’s stock worth $416,000 after acquiring an additional 89 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Down 1.5 %

Shares of United Parcel Service stock opened at $115.25 on Monday. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $157.99. The company has a market cap of $98.44 billion, a price-to-earnings ratio of 17.05, a PEG ratio of 1.55 and a beta of 0.94. 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 company’s 50-day moving average price is $120.13 and its 200-day moving average price is $127.00.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results 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 period in the prior year, the business earned $2.47 EPS. On average, equities analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 5.69%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s dividend payout ratio is 97.04%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on UPS. JPMorgan Chase & Co. reduced their target price on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Citigroup cut their price target on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Morgan Stanley cut their price target on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a report on Friday, January 31st. Wells Fargo & Company cut their price target on shares of United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. Finally, Stifel Nicolaus cut their price target on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $138.09.

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.