Trilogy Capital Inc. Acquires 2,036 Shares of United Parcel Service, Inc. (NYSE:UPS)

Trilogy Capital Inc. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 10.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 22,007 shares of the transportation company’s stock after acquiring an additional 2,036 shares during the period. Trilogy Capital Inc.’s holdings in United Parcel Service were worth $3,000,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. RFG Advisory LLC grew its position in United Parcel Service by 49.9% in the first quarter. RFG Advisory LLC now owns 6,459 shares of the transportation company’s stock valued at $960,000 after acquiring an additional 2,149 shares during the period. Douglas Lane & Associates LLC boosted its stake in shares of United Parcel Service by 6.1% in the 1st quarter. Douglas Lane & Associates LLC now owns 3,247 shares of the transportation company’s stock valued at $483,000 after purchasing an additional 188 shares in the last quarter. Range Financial Group LLC grew its stake in United Parcel Service by 3.5% during the first quarter. Range Financial Group LLC now owns 3,421 shares of the transportation company’s stock worth $508,000 after buying an additional 116 shares during the last quarter. Southland Equity Partners LLC increased its holdings in shares of United Parcel Service by 22.8% during the first quarter. Southland Equity Partners LLC now owns 2,125 shares of the transportation company’s stock worth $316,000 after buying an additional 394 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new position in shares of United Parcel Service in the first quarter valued at approximately $20,029,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Stifel Nicolaus cut their price objective on United Parcel Service from $170.00 to $151.00 and set a “buy” rating for the company in a research report on Wednesday, July 24th. Stephens decreased their price objective on shares of United Parcel Service from $168.00 to $140.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 24th. The Goldman Sachs Group dropped their target price on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. Robert W. Baird decreased their price target on shares of United Parcel Service from $170.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 24th. Finally, Baird R W upgraded shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 24th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.24.

Insider Buying and Selling

In other United Parcel Service news, Director William R. Johnson purchased 5,000 shares of the stock in a transaction on Thursday, July 25th. The shares were purchased at an average price of $128.61 per share, with a total value of $643,050.00. Following the completion of the transaction, the director now directly owns 5,160 shares in the company, valued at $663,627.60. This represents a 3,100.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is currently owned by corporate insiders.

United Parcel Service Stock Up 0.4 %

UPS stock opened at $135.93 on Monday. The company has a market cap of $116.43 billion, a price-to-earnings ratio of 22.17, a P/E/G ratio of 2.00 and a beta of 0.99. United Parcel Service, Inc. has a twelve month low of $123.12 and a twelve month high of $163.82. The business has a 50 day moving average price of $130.21 and a two-hundred day moving average price of $136.46. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.18.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.20). United Parcel Service had a return on equity of 35.27% and a net margin of 5.87%. The firm had revenue of $21.82 billion for the quarter, compared to analyst estimates of $22.17 billion. During the same quarter in the previous year, the firm posted $2.54 earnings per share. United Parcel Service’s quarterly revenue was down 1.1% on a year-over-year basis. Analysts anticipate that United Parcel Service, Inc. will post 7.44 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Monday, August 19th were issued a $1.63 dividend. The ex-dividend date was Monday, August 19th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.80%. United Parcel Service’s payout ratio is 106.36%.

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.