Daner Wealth Management LLC Makes New $1.31 Million Investment in United Parcel Service, Inc. (NYSE:UPS)

Daner Wealth Management LLC acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 11,369 shares of the transportation company’s stock, valued at approximately $1,306,000. United Parcel Service accounts for about 1.0% of Daner Wealth Management LLC’s holdings, making the stock its 19th largest holding.

A number of other large investors have also recently made changes to their positions in UPS. IFS Advisors LLC raised its position in United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after buying an additional 151 shares during the last quarter. True Wealth Design LLC increased its stake in shares of United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after acquiring an additional 171 shares during the period. Princeton Global Asset Management LLC increased its stake in shares of United Parcel Service by 720.0% in the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after acquiring an additional 216 shares during the period. FSA Wealth Management LLC purchased a new position in shares of United Parcel Service during the third quarter worth $36,000. Finally, Sugar Maple Asset Management LLC acquired a new position in United Parcel Service during the fourth quarter valued at $38,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

Shares of NYSE:UPS opened at $118.11 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. 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 $100.89 billion, a PE ratio of 17.47, a P/E/G ratio of 1.55 and a beta of 0.98. The business’s 50 day moving average price is $122.78 and its 200-day moving average price is $128.27.

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, topping the consensus estimate 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 firm posted $2.47 EPS. As a group, equities research 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be issued a $1.64 dividend. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a yield of 5.55%. United Parcel Service’s dividend payout ratio is presently 97.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on UPS shares. Evercore ISI increased their price target on United Parcel Service from $141.00 to $147.00 and gave the stock an “in-line” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company dropped their target price on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target for the company in a report on Wednesday, January 8th. Robert W. Baird cut shares of United Parcel Service from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $160.00 to $130.00 in a research note on Friday, January 31st. Finally, The Goldman Sachs Group decreased their target price on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $140.73.

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.