N.E.W. Advisory Services LLC Boosts Stake in United Parcel Service, Inc. (NYSE:UPS)

N.E.W. Advisory Services LLC raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 9.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,339 shares of the transportation company’s stock after purchasing an additional 376 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in United Parcel Service were worth $547,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. True Wealth Design LLC raised its holdings 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 during the period. IFS Advisors LLC raised its holdings in shares of United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after buying an additional 151 shares during the period. Princeton Global Asset Management LLC raised its holdings in shares of United Parcel Service by 720.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after buying an additional 216 shares during the period. PSI Advisors LLC raised its holdings in shares of United Parcel Service by 408.2% in the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after buying an additional 200 shares during the period. Finally, FSA Wealth Management LLC purchased a new stake in shares of United Parcel Service in the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service 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 transaction of $1,015,025.25. Following the sale, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by insiders.

United Parcel Service Stock Performance

Shares of UPS stock opened at $114.19 on Friday. The company has a market cap of $97.45 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 1.88 and a beta of 1.00. The stock has a 50 day simple moving average of $128.72 and a 200-day simple moving average of $130.61. United Parcel Service, Inc. has a 12-month low of $109.62 and a 12-month high of $158.95. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20.

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

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on UPS shares. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Morgan Stanley cut their price target on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a report on Friday. Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target on the stock in a report on Wednesday, January 8th. UBS Group cut their price target on United Parcel Service from $170.00 to $141.00 and set a “buy” rating on the stock in a report on Friday. Finally, Susquehanna cut their price target on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, United Parcel Service currently has an average rating of “Moderate Buy” and an average target price of $141.95.

About United Parcel Service

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.