Measured Wealth Private Client Group LLC Invests $14.07 Million in United Parcel Service, Inc. (NYSE:UPS)

Measured Wealth Private Client Group LLC acquired a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 111,552 shares of the transportation company’s stock, valued at approximately $14,067,000. United Parcel Service makes up 4.5% of Measured Wealth Private Client Group LLC’s holdings, making the stock its 7th biggest position.

Several other large investors also recently added to or reduced their stakes in the stock. AMF Tjanstepension AB increased its stake in shares of United Parcel Service by 39.7% during the third quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock valued at $14,793,000 after buying an additional 30,815 shares during the period. Dynamic Advisor Solutions LLC increased its position in United Parcel Service by 0.7% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 22,522 shares of the transportation company’s stock valued at $3,071,000 after purchasing an additional 150 shares during the period. Hoxton Planning & Management LLC bought a new stake in shares of United Parcel Service in the 3rd quarter valued at about $257,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of United Parcel Service by 10.3% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,255 shares of the transportation company’s stock worth $444,000 after purchasing an additional 303 shares during the period. Finally, CWM LLC boosted its stake in shares of United Parcel Service by 1.6% during the third quarter. CWM LLC now owns 85,536 shares of the transportation company’s stock valued at $11,662,000 after purchasing an additional 1,378 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Trading Up 1.4 %

Shares of United Parcel Service stock opened at $113.47 on Friday. United Parcel Service, Inc. has a fifty-two week low of $109.40 and a fifty-two week high of $158.95. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The firm has a market capitalization of $96.83 billion, a price-to-earnings ratio of 16.79, a PEG ratio of 1.63 and a beta of 0.98. The stock has a 50 day moving average of $126.84 and a 200 day moving average of $129.57.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data 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 net margin of 6.35% and a return on equity of 39.13%. During the same quarter in the previous year, the company posted $2.47 earnings per share. As a group, research analysts predict that United Parcel Service, Inc. will post 8.61 earnings per share for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $1.64 per share. The ex-dividend date is Tuesday, February 18th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a yield of 5.78%. United Parcel Service’s dividend payout ratio is 96.45%.

Analyst Ratings Changes

UPS has been the subject of a number of recent research reports. Susquehanna reduced 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 note on Friday, January 31st. Robert W. Baird lowered shares of United Parcel Service from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $160.00 to $130.00 in a report on Friday, January 31st. Morgan Stanley lowered their price objective on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a research report on Friday, January 31st. JPMorgan Chase & Co. reduced their target price on United Parcel Service from $135.00 to $120.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Finally, Bank of America lowered their price target on United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a report on Friday, January 31st. Two analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, United Parcel Service currently has an average rating of “Moderate Buy” and a consensus price target of $140.73.

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 value of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.13% of the company’s stock.

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.