United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,380 shares of the transportation company’s stock after selling 135 shares during the period. Wealthcare Advisory Partners LLC’s holdings in United Parcel Service were worth $7,135,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. MWA Asset Management acquired a new stake in shares of United Parcel Service during the 3rd quarter worth $2,125,000. Chesapeake Wealth Management increased its holdings in United Parcel Service by 1.3% in the third quarter. Chesapeake Wealth Management now owns 7,886 shares of the transportation company’s stock valued at $1,229,000 after buying an additional 103 shares during the last quarter. Cerity Partners LLC boosted its holdings in United Parcel Service by 13.1% in the fourth quarter. Cerity Partners LLC now owns 387,381 shares of the transportation company’s stock worth $60,908,000 after purchasing an additional 44,721 shares during the period. CapWealth Advisors LLC boosted its stake in United Parcel Service by 1.2% in the fourth quarter. CapWealth Advisors LLC now owns 58,184 shares of the transportation company’s stock valued at $9,148,000 after acquiring an additional 686 shares during the period. Finally, Telos Capital Management Inc. boosted its holdings in shares of United Parcel Service by 1.0% during the third quarter. Telos Capital Management Inc. now owns 74,337 shares of the transportation company’s stock valued at $11,587,000 after acquiring an additional 740 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on UPS. Deutsche Bank Aktiengesellschaft reduced their price objective on United Parcel Service from $183.00 to $179.00 and set a “buy” rating for the company in a research report on Thursday, March 28th. TheStreet raised United Parcel Service from a “c” rating to a “b-” rating in a research note on Tuesday, January 30th. Redburn Atlantic raised United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a report on Wednesday, April 3rd. Stifel Nicolaus reduced their target price on shares of United Parcel Service from $178.00 to $170.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. Finally, Evercore ISI restated an “in-line” rating and set a $154.00 target price on shares of United Parcel Service in a research report on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $165.23.

United Parcel Service Price Performance

United Parcel Service stock traded up $0.78 during trading on Tuesday, reaching $147.45. The company had a trading volume of 1,479,966 shares, compared to its average volume of 4,161,619. United Parcel Service, Inc. has a 1-year low of $133.68 and a 1-year high of $192.98. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.04 and a current ratio of 1.10. The firm’s 50-day simple moving average is $149.38 and its 200 day simple moving average is $150.56. The firm has a market capitalization of $125.72 billion, a PE ratio of 21.32, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.10. United Parcel Service had a net margin of 6.60% and a return on equity of 37.42%. The business had revenue of $21.70 billion for the quarter, compared to analysts’ expectations of $21.84 billion. During the same quarter in the prior year, the company earned $2.20 earnings per share. The business’s quarterly revenue was down 5.3% on a year-over-year basis. As a group, equities research analysts anticipate that United Parcel Service, Inc. will post 8.23 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Monday, May 13th will be given a $1.63 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $6.52 dividend on an annualized basis and a yield of 4.42%. United Parcel Service’s dividend payout ratio (DPR) is 94.49%.

United Parcel Service Company 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.