Strengthening Families & Communities LLC Has $95,000 Stake in United Parcel Service, Inc. (NYSE:UPS)

Strengthening Families & Communities LLC reduced its holdings in United Parcel Service, Inc. (NYSE:UPS) by 94.4% in the 4th quarter, Holdings Channel reports. The fund owned 753 shares of the transportation company’s stock after selling 12,681 shares during the quarter. Strengthening Families & Communities LLC’s holdings in United Parcel Service were worth $95,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. AMF Tjanstepension AB lifted its position in 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 acquiring an additional 30,815 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of United Parcel Service by 257.1% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,235 shares of the transportation company’s stock valued at $714,000 after purchasing an additional 3,769 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of United Parcel Service by 2,441.5% in the third quarter. Exchange Traded Concepts LLC now owns 8,641 shares of the transportation company’s stock valued at $1,178,000 after purchasing an additional 8,301 shares in the last quarter. Willis Investment Counsel grew its holdings in shares of United Parcel Service by 0.8% during the third quarter. Willis Investment Counsel now owns 169,801 shares of the transportation company’s stock worth $23,151,000 after buying an additional 1,343 shares in the last quarter. Finally, Woodstock Corp raised its position in United Parcel Service by 20.7% in the 3rd quarter. Woodstock Corp now owns 44,837 shares of the transportation company’s stock valued at $6,113,000 after buying an additional 7,691 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction on Monday, November 25th. The stock was 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 approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

United Parcel Service Stock Performance

NYSE:UPS opened at $114.18 on Tuesday. The stock has a 50 day simple moving average of $125.95 and a 200 day simple moving average of $129.25. The stock has a market cap of $97.43 billion, a P/E ratio of 16.89, a PEG 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 current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter in the prior year, the company earned $2.47 earnings per share. Research analysts anticipate that United Parcel Service, Inc. will post 7.99 earnings per share for the current year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders 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 5.75%. The ex-dividend date is Tuesday, February 18th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio is presently 96.45%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on UPS shares. UBS Group reduced their price target on United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Raymond James decreased their target price on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Friday, January 31st. Susquehanna cut their price target on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. JPMorgan Chase & Co. decreased their price objective on United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Finally, Loop Capital dropped their target price on United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a report on Monday, February 3rd. 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 assigned a strong buy rating to the stock. According to MarketBeat.com, United Parcel Service presently has an average rating of “Moderate Buy” and a consensus price target of $140.73.

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.