Stableford Capital II LLC Sells 137 Shares of United Parcel Service, Inc. (NYSE:UPS)

Stableford Capital II LLC lowered its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,613 shares of the transportation company’s stock after selling 137 shares during the quarter. Stableford Capital II LLC’s holdings in United Parcel Service were worth $834,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Independence Bank of Kentucky raised its holdings in shares of United Parcel Service by 3.9% in the fourth quarter. Independence Bank of Kentucky now owns 21,047 shares of the transportation company’s stock valued at $2,654,000 after purchasing an additional 788 shares during the last quarter. Waldron Private Wealth LLC grew its position in United Parcel Service by 74.0% in the 4th quarter. Waldron Private Wealth LLC now owns 5,649 shares of the transportation company’s stock worth $712,000 after purchasing an additional 2,403 shares in the last quarter. Clear Creek Financial Management LLC increased its stake in United Parcel Service by 153.3% in the 4th quarter. Clear Creek Financial Management LLC now owns 7,720 shares of the transportation company’s stock valued at $974,000 after buying an additional 4,672 shares during the last quarter. N.E.W. Advisory Services LLC lifted its position in shares of United Parcel Service by 9.5% during the 4th quarter. N.E.W. Advisory Services LLC now owns 4,339 shares of the transportation company’s stock worth $547,000 after buying an additional 376 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in shares of United Parcel Service in the 4th quarter worth approximately $40,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Stock Down 0.6 %

Shares of NYSE UPS opened at $114.19 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. The company has a market cap of $97.45 billion, a P/E ratio of 17.25, a P/E/G ratio of 1.88 and a beta of 1.00. United Parcel Service, Inc. has a 52 week low of $109.62 and a 52 week high of $158.95. The business has a 50-day simple moving average of $128.31 and a two-hundred day simple moving average of $130.40.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. During the same period last year, the company earned $2.47 earnings per share. Research analysts anticipate that United Parcel Service, Inc. will post 7.5 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $1.63 dividend. The ex-dividend date was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 5.71%. United Parcel Service’s payout ratio is currently 98.49%.

Insider Buying and Selling

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

UPS has been the subject of a number of research analyst reports. 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 research report on Wednesday, January 8th. Evercore ISI raised 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. Wells Fargo & Company lowered their target price on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a research note on Friday. Bank of America reduced their price target on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a research report on Friday. Finally, Raymond James lowered their price objective on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating on the stock in a research report on Friday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $141.95.

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.