United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Caprock Group LLC

Caprock Group LLC trimmed its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,889 shares of the transportation company’s stock after selling 1,144 shares during the period. Caprock Group LLC’s holdings in United Parcel Service were worth $1,751,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. IFS Advisors LLC increased its position in shares of United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. True Wealth Design LLC increased its position in United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after purchasing an additional 171 shares during the last quarter. PSI Advisors LLC raised its position in United Parcel Service by 408.2% during the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 200 shares in the last quarter. Princeton Global Asset Management LLC raised its holdings in shares of United Parcel Service by 720.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 216 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in shares of United Parcel Service in the third quarter worth about $36,000. 60.26% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Trading Down 0.6 %

UPS opened at $114.19 on Monday. United Parcel Service, Inc. has a twelve month low of $109.62 and a twelve month high of $158.95. The firm has a market cap of $97.45 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 1.88 and a beta of 1.00. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s fifty day moving average is $128.31 and its two-hundred day moving average is $130.28.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating 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 period in the previous year, the business earned $2.47 earnings per share. Equities research analysts anticipate that United Parcel Service, Inc. will post 7.5 EPS for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were paid a $1.63 dividend. 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 payout ratio is currently 96.45%.

Analyst Upgrades and Downgrades

UPS has been the subject of a number of analyst reports. Barclays restated an “underweight” rating and issued a $120.00 price objective on shares of United Parcel Service in a research note on Monday, October 21st. Wells Fargo & Company decreased their price objective on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday. Morgan Stanley lowered 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 note on Friday. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, Bank of America cut their target price on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a research note 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service presently has a consensus rating of “Moderate Buy” and an average price target of $141.95.

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.