Financial Management Professionals Inc. Boosts Stake in United Parcel Service, Inc. (NYSE:UPS)

Financial Management Professionals Inc. raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 7.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,714 shares of the transportation company’s stock after acquiring an additional 184 shares during the quarter. Financial Management Professionals Inc.’s holdings in United Parcel Service were worth $342,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Ameritas Advisory Services LLC boosted its holdings in United Parcel Service by 636.8% during the fourth quarter. Ameritas Advisory Services LLC now owns 58,465 shares of the transportation company’s stock worth $7,372,000 after buying an additional 50,530 shares in the last quarter. HB Wealth Management LLC boosted its stake in shares of United Parcel Service by 18.8% during the 4th quarter. HB Wealth Management LLC now owns 39,106 shares of the transportation company’s stock worth $4,931,000 after acquiring an additional 6,183 shares in the last quarter. Trust Co. of Vermont grew its holdings in shares of United Parcel Service by 109.3% in the 4th quarter. Trust Co. of Vermont now owns 18,416 shares of the transportation company’s stock worth $2,322,000 after acquiring an additional 9,616 shares during the period. Sanibel Captiva Trust Company Inc. increased its stake in United Parcel Service by 16.7% in the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 95,512 shares of the transportation company’s stock valued at $12,044,000 after purchasing an additional 13,669 shares in the last quarter. Finally, Howard Financial Services LTD. raised its holdings in United Parcel Service by 17.2% during the fourth quarter. Howard Financial Services LTD. now owns 2,369 shares of the transportation company’s stock worth $299,000 after purchasing an additional 348 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction on Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is currently owned by company insiders.

United Parcel Service Stock Down 0.1 %

Shares of NYSE UPS opened at $129.77 on Friday. The stock has a market cap of $110.74 billion, a PE ratio of 19.60, a PEG ratio of 1.73 and a beta of 1.00. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The business has a fifty day moving average of $128.95 and a two-hundred day moving average of $130.93.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The company had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. During the same period last year, the firm earned $1.57 EPS. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, equities research analysts expect that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.02%. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Argus upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. Oppenheimer lifted their target price on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Evercore ISI increased their price target on shares of United Parcel Service from $138.00 to $141.00 and gave the company an “in-line” rating in a research report on Tuesday, October 22nd. 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. Finally, BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their target price for the company from $155.00 to $150.00 in a report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, United Parcel Service has a consensus rating of “Moderate Buy” and a consensus price target of $151.10.

United Parcel Service 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.