Yousif Capital Management LLC Sells 1,144 Shares of United Parcel Service, Inc. (NYSE:UPS)

Yousif Capital Management LLC cut its holdings in United Parcel Service, Inc. (NYSE:UPS) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 104,655 shares of the transportation company’s stock after selling 1,144 shares during the quarter. Yousif Capital Management LLC’s holdings in United Parcel Service were worth $13,197,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UPS. AMF Tjanstepension AB lifted its stake in United Parcel Service by 39.7% in the third quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock valued at $14,793,000 after buying an additional 30,815 shares during the period. Czech National Bank raised its position in shares of United Parcel Service by 7.4% in the 3rd quarter. Czech National Bank now owns 149,220 shares of the transportation company’s stock valued at $20,345,000 after acquiring an additional 10,227 shares during the period. GAMMA Investing LLC boosted its stake in United Parcel Service by 5.3% during the 3rd quarter. GAMMA Investing LLC now owns 5,680 shares of the transportation company’s stock worth $774,000 after acquiring an additional 286 shares during the last quarter. Greenfield Savings Bank grew its holdings in United Parcel Service by 51.0% during the third quarter. Greenfield Savings Bank now owns 3,445 shares of the transportation company’s stock valued at $470,000 after purchasing an additional 1,164 shares during the period. Finally, Versant Capital Management Inc raised its holdings in United Parcel Service by 4.2% in the third quarter. Versant Capital Management Inc now owns 3,494 shares of the transportation company’s stock worth $476,000 after purchasing an additional 142 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group decreased their price target on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a report on Friday, January 31st. Raymond James dropped their price target 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. Bank of America cut their price objective on United Parcel Service from $150.00 to $133.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Oppenheimer increased their target price on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Finally, 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 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $140.73.

United Parcel Service Price Performance

Shares of UPS opened at $111.75 on Wednesday. The company has a market cap of $95.37 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.63 and a beta of 0.98. 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 fifty day simple moving average is $127.78 and its 200 day simple moving average is $129.93. United Parcel Service, Inc. has a 1-year low of $109.40 and a 1-year high of $158.95.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) 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 period in the previous year, the business posted $2.47 EPS. On average, research analysts forecast that United Parcel Service, Inc. will post 8.61 earnings per share for the current fiscal year.

Insider Activity

In other 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.13% of the company’s stock.

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.