United Parcel Service, Inc. (NYSE:UPS) Shares Sold by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora cut its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 93.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 469 shares of the transportation company’s stock after selling 6,708 shares during the quarter. OLD Second National Bank of Aurora’s holdings in United Parcel Service were worth $59,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in UPS. Quarry LP grew its holdings in shares of United Parcel Service by 453.6% during the second quarter. Quarry LP now owns 537 shares of the transportation company’s stock valued at $73,000 after purchasing an additional 440 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of United Parcel Service during the second quarter worth approximately $20,309,000. Newbridge Financial Services Group Inc. boosted its position in shares of United Parcel Service by 67.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 745 shares of the transportation company’s stock worth $102,000 after buying an additional 300 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of United Parcel Service by 47,670.7% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 450,000 shares of the transportation company’s stock worth $61,582,000 after buying an additional 449,058 shares during the period. Finally, Neville Rodie & Shaw Inc. boosted its position in shares of United Parcel Service by 3.8% during the third quarter. Neville Rodie & Shaw Inc. now owns 10,000 shares of the transportation company’s stock worth $1,363,000 after buying an additional 365 shares during the period. 60.26% of the stock is owned by institutional investors.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $114.94 on Friday. The company’s fifty day moving average is $129.05 and its two-hundred day moving average is $130.72. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a 12-month low of $109.62 and a 12-month high of $158.95. The company has a market cap of $98.09 billion, a P/E ratio of 17.36, a price-to-earnings-growth ratio of 1.88 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. During the same quarter in the prior year, the company posted $2.47 EPS. Equities analysts expect that United Parcel Service, Inc. will post 7.5 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 5.67%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is currently 98.49%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Citigroup reduced their price objective on United Parcel Service from $163.00 to $158.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. The Goldman Sachs Group reduced their price objective on United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price objective for the company in a research report on Wednesday, January 8th. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Finally, Wells Fargo & Company cut their target price on United Parcel Service from $155.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, United Parcel Service currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.24.

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.