Eagle Bluffs Wealth Management LLC Purchases 586 Shares of United Parcel Service, Inc. (NYSE:UPS)

Eagle Bluffs Wealth Management LLC lifted its position in United Parcel Service, Inc. (NYSE:UPS) by 13.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,799 shares of the transportation company’s stock after purchasing an additional 586 shares during the quarter. Eagle Bluffs Wealth Management LLC’s holdings in United Parcel Service were worth $755,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in UPS. Aspire Private Capital LLC boosted its stake in shares of United Parcel Service by 0.3% during the first quarter. Aspire Private Capital LLC now owns 18,392 shares of the transportation company’s stock valued at $3,568,000 after purchasing an additional 60 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of United Parcel Service by 0.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company’s stock valued at $2,756,000 after purchasing an additional 64 shares in the last quarter. Field & Main Bank boosted its stake in shares of United Parcel Service by 1.7% during the third quarter. Field & Main Bank now owns 3,840 shares of the transportation company’s stock valued at $599,000 after purchasing an additional 65 shares in the last quarter. First Financial Corp IN boosted its stake in shares of United Parcel Service by 24.2% during the fourth quarter. First Financial Corp IN now owns 334 shares of the transportation company’s stock valued at $53,000 after purchasing an additional 65 shares in the last quarter. Finally, Gleason Group Inc. boosted its stake in shares of United Parcel Service by 1.1% during the fourth quarter. Gleason Group Inc. now owns 6,351 shares of the transportation company’s stock valued at $999,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of NYSE UPS traded down $1.41 during trading on Tuesday, reaching $143.44. 2,858,669 shares of the stock traded hands, compared to its average volume of 4,301,971. United Parcel Service, Inc. has a 52-week low of $133.68 and a 52-week high of $197.80. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.10 and a quick ratio of 1.10. The company has a 50-day moving average of $149.81 and a 200-day moving average of $151.49. The stock has a market capitalization of $122.30 billion, a P/E ratio of 18.36, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.46 by $0.01. The business had revenue of $24.92 billion during the quarter, compared to the consensus estimate of $25.40 billion. United Parcel Service had a return on equity of 39.46% and a net margin of 7.37%. The firm’s revenue was down 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.62 EPS. Analysts forecast that United Parcel Service, Inc. will post 8.21 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.55%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date was Friday, February 16th. United Parcel Service’s dividend payout ratio (DPR) is currently 83.70%.

Insiders Place Their Bets

In related news, Director Eva C. Boratto purchased 1,400 shares of the firm’s stock in a transaction on Friday, February 2nd. The shares were acquired at an average cost of $142.30 per share, with a total value of $199,220.00. Following the purchase, the director now directly owns 1,400 shares of the company’s stock, valued at $199,220. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

UPS has been the topic of a number of recent research reports. TheStreet raised United Parcel Service from a “c” rating to a “b-” rating in a research note on Tuesday, January 30th. Morgan Stanley lifted their price objective on United Parcel Service from $95.00 to $100.00 and gave the stock an “underweight” rating in a research note on Wednesday, March 27th. Raymond James cut their price objective on United Parcel Service from $185.00 to $175.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, January 31st. JPMorgan Chase & Co. cut their price objective on United Parcel Service from $154.00 to $150.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 9th. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $154.00 price objective on shares of United Parcel Service in a research note on Wednesday, March 27th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $165.61.

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.