United Parcel Service, Inc. (NYSE:UPS) Shares Bought by Drucker Wealth 3.0 LLC

Drucker Wealth 3.0 LLC increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,801 shares of the transportation company’s stock after buying an additional 194 shares during the period. Drucker Wealth 3.0 LLC’s holdings in United Parcel Service were worth $3,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UPS. RFG Advisory LLC lifted its stake in United Parcel Service by 84.6% in the 2nd quarter. RFG Advisory LLC now owns 11,921 shares of the transportation company’s stock valued at $1,631,000 after buying an additional 5,462 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in shares of United Parcel Service by 17.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 22,372 shares of the transportation company’s stock valued at $3,062,000 after acquiring an additional 3,318 shares in the last quarter. Noble Family Wealth LLC increased its position in shares of United Parcel Service by 3.5% during the second quarter. Noble Family Wealth LLC now owns 7,275 shares of the transportation company’s stock worth $996,000 after purchasing an additional 245 shares in the last quarter. Cox Capital Mgt LLC raised its stake in United Parcel Service by 163.3% in the 2nd quarter. Cox Capital Mgt LLC now owns 30,239 shares of the transportation company’s stock valued at $4,138,000 after purchasing an additional 18,753 shares during the last quarter. Finally, Mason & Associates LLC acquired a new position in United Parcel Service in the 2nd quarter valued at $414,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $125.61 on Monday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $107.19 billion, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 2.06 and a beta of 0.98. The business has a 50-day moving average of $133.32 and a 200 day moving average of $133.04. United Parcel Service, Inc. has a 12 month low of $123.12 and a 12 month high of $163.82.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.57 earnings per share. As a group, sell-side analysts forecast that United Parcel Service, Inc. will post 7.48 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 5.19%. United Parcel Service’s dividend payout ratio is currently 98.49%.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction dated 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on UPS shares. TD Cowen assumed coverage on shares of United Parcel Service in a report on Thursday, August 22nd. They set a “hold” rating and a $144.00 target price for the company. Bank of America upped their price objective on shares of United Parcel Service from $132.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Stifel Nicolaus increased their price objective on shares of United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a report on Friday, October 25th. Oppenheimer boosted their target price on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Finally, Evercore ISI increased their price target on United Parcel Service from $138.00 to $141.00 and gave the company an “in-line” rating in a report on Tuesday, October 22nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $151.52.

United Parcel Service 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.