GHP Investment Advisors Inc. Purchases 724 Shares of United Parcel Service, Inc. (NYSE:UPS)

GHP Investment Advisors Inc. raised its position in United Parcel Service, Inc. (NYSE:UPS) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,461 shares of the transportation company’s stock after purchasing an additional 724 shares during the period. GHP Investment Advisors Inc.’s holdings in United Parcel Service were worth $2,328,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. True Wealth Design LLC increased its position in shares of United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after buying an additional 171 shares in the last quarter. IFS Advisors LLC grew its stake in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares during the period. Princeton Global Asset Management LLC increased its holdings 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 in the last quarter. PSI Advisors LLC raised its position in shares of United Parcel Service by 408.2% during the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Finally, FSA Wealth Management LLC bought a new position in shares of United Parcel Service during the 3rd quarter valued at about $36,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Trading Up 1.4 %

Shares of UPS stock opened at $113.47 on Friday. The stock has a market cap of $96.83 billion, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 1.63 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. The stock has a 50 day simple moving average of $126.84 and a 200 day simple moving average of $129.57.

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

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th will be given a $1.64 dividend. The ex-dividend date is Tuesday, February 18th. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a dividend yield of 5.78%. United Parcel Service’s payout ratio is presently 96.45%.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction on 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 sale, the insider now owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.13% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UPS. Susquehanna lowered their price objective on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. UBS Group lowered their target price on United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a report on Friday, January 31st. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and cut their price target for the company from $155.00 to $150.00 in a report on Tuesday, December 10th. Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. Finally, Evercore ISI lifted their target price on United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday, January 22nd. 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 company’s stock. According to MarketBeat, United Parcel Service presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

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.