United Parcel Service, Inc. $UPS Shares Sold by Hillman Capital Management Inc.

Hillman Capital Management Inc. trimmed its position in United Parcel Service, Inc. (NYSE:UPS) by 22.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,616 shares of the transportation company’s stock after selling 7,268 shares during the period. Hillman Capital Management Inc.’s holdings in United Parcel Service were worth $2,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. acquired a new position in shares of United Parcel Service in the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of United Parcel Service in the 4th quarter valued at $25,000. Coston McIsaac & Partners increased its position in shares of United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 119 shares during the period. Torren Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service in the 4th quarter valued at $29,000. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

United Parcel Service Price Performance

NYSE:UPS opened at $110.15 on Wednesday. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $93.63 billion, a PE ratio of 17.82, a price-to-earnings-growth ratio of 1.73 and a beta of 1.05. The stock’s 50-day moving average price is $103.68 and its 200-day moving average price is $104.33.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The firm had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period last year, the firm earned $1.49 EPS. The company’s quarterly revenue was down 1.4% on a year-over-year basis. As a group, equities analysts expect that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal 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 paid a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a yield of 6.0%. United Parcel Service’s dividend payout ratio (DPR) is currently 106.15%.

United Parcel Service Profile

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.