Total Wealth Planning & Management Inc. Acquires Shares of 6,387 United Parcel Service, Inc. $UPS

Total Wealth Planning & Management Inc. acquired a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 6,387 shares of the transportation company’s stock, valued at approximately $634,000.

Several other institutional investors and hedge funds have also bought and sold shares of UPS. Norges Bank acquired a new stake in United Parcel Service during the 4th quarter valued at approximately $902,446,000. Pacer Advisors Inc. lifted its stake in shares of United Parcel Service by 507.8% in the 4th quarter. Pacer Advisors Inc. now owns 3,244,234 shares of the transportation company’s stock valued at $321,796,000 after purchasing an additional 2,710,470 shares during the period. Manning & Napier Advisors LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at $181,951,000. Vanguard Group Inc. lifted its stake in shares of United Parcel Service by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock valued at $6,794,160,000 after purchasing an additional 1,218,432 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of United Parcel Service by 94.8% in the 2nd quarter. AQR Capital Management LLC now owns 2,300,081 shares of the transportation company’s stock valued at $231,388,000 after purchasing an additional 1,119,372 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on UPS shares. Susquehanna boosted their target price on shares of United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Citigroup boosted their target price on shares of United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Evercore decreased their target price on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a research note on Wednesday, April 22nd. UBS Group decreased their target price on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Weiss Ratings cut shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $111.50.

United Parcel Service Stock Performance

UPS opened at $110.10 on Friday. The stock has a market cap of $93.59 billion, a P/E ratio of 17.82, a P/E/G ratio of 1.73 and a beta of 1.05. The firm has a fifty day moving average price of $101.98 and a 200 day moving average price of $103.53. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.21 and a quick ratio of 1.21. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. The company had revenue of $21.20 billion during the quarter, compared to analyst estimates of $20.99 billion. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The firm’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.49 EPS. Equities research analysts anticipate that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, May 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Monday, May 18th. United Parcel Service’s payout ratio is presently 106.15%.

About United Parcel Service

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.