United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Town & Country Bank & Trust CO dba First Bankers Trust CO

Town & Country Bank & Trust CO dba First Bankers Trust CO reduced its holdings in United Parcel Service, Inc. (NYSE:UPS) by 32.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,208 shares of the transportation company’s stock after selling 5,909 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in United Parcel Service were worth $1,539,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BankPlus Wealth Management LLC purchased a new stake in United Parcel Service in the 4th quarter worth $237,000. Level Financial Advisors acquired a new position in shares of United Parcel Service during the fourth quarter valued at approximately $1,561,000. Eaton Cambridge Inc. grew its holdings in shares of United Parcel Service by 3.1% during the fourth quarter. Eaton Cambridge Inc. now owns 3,238 shares of the transportation company’s stock worth $408,000 after buying an additional 98 shares in the last quarter. Foundations Investment Advisors LLC lifted its stake in United Parcel Service by 7.6% in the 4th quarter. Foundations Investment Advisors LLC now owns 17,066 shares of the transportation company’s stock worth $2,152,000 after purchasing an additional 1,209 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of United Parcel Service by 11.1% in the fourth quarter. Pacer Advisors Inc. now owns 374,920 shares of the transportation company’s stock valued at $47,277,000 after purchasing an additional 37,340 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Oppenheimer boosted their price objective on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. UBS Group upped their price objective on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised their price objective on shares of United Parcel Service from $134.00 to $135.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.24.

United Parcel Service Trading Up 2.4 %

NYSE UPS opened at $136.23 on Tuesday. The firm’s fifty day moving average price is $128.95 and its 200 day moving average price is $130.76. United Parcel Service, Inc. has a 12 month low of $121.56 and a 12 month high of $158.95. 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 company has a market capitalization of $116.26 billion, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is currently 98.49%.

About United Parcel Service

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.