Twin City Private Wealth LLC Sells 1,251 Shares of United Parcel Service, Inc. (NYSE:UPS)

Twin City Private Wealth LLC cut its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 11.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,305 shares of the transportation company’s stock after selling 1,251 shares during the quarter. Twin City Private Wealth LLC’s holdings in United Parcel Service were worth $1,173,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Pacific Sage Partners LLC grew its holdings in shares of United Parcel Service by 4.8% during the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company’s stock valued at $212,000 after purchasing an additional 77 shares during the last quarter. Quent Capital LLC grew its holdings in shares of United Parcel Service by 16.7% during the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 80 shares during the last quarter. Gleason Group Inc. grew its holdings in shares of United Parcel Service by 1.3% during the 4th quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company’s stock valued at $840,000 after purchasing an additional 84 shares during the last quarter. Dunhill Financial LLC grew its holdings in shares of United Parcel Service by 4.9% during the 3rd quarter. Dunhill Financial LLC now owns 1,831 shares of the transportation company’s stock valued at $250,000 after purchasing an additional 86 shares during the last quarter. Finally, Weaver Consulting Group grew its holdings in shares of United Parcel Service by 3.0% during the 3rd quarter. Weaver Consulting Group now owns 3,053 shares of the transportation company’s stock valued at $416,000 after purchasing an additional 89 shares during the last quarter. 60.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

UPS has been the topic of several research reports. Robert W. Baird downgraded shares of United Parcel Service from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $160.00 to $130.00 in a research report on Friday, January 31st. Wolfe Research upgraded shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price on the stock in a research report on Wednesday, January 8th. Morgan Stanley cut their target price on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research report on Friday, January 31st. Raymond James cut their target price 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, January 31st. Finally, Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, United Parcel Service presently has an average rating of “Moderate Buy” and an average price target of $138.09.

United Parcel Service Stock Performance

NYSE:UPS opened at $115.25 on Monday. The company has a fifty day moving average of $120.13 and a 200-day moving average of $127.00. The firm has a market capitalization of $98.44 billion, a P/E ratio of 17.05, a P/E/G ratio of 1.55 and a beta of 0.94. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $157.99.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results 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 6.35% and a return on equity of 39.13%. During the same quarter last year, the firm posted $2.47 earnings per share. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 5.69%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s payout ratio is 97.04%.

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.