United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Executive Wealth Management LLC

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Executive Wealth Management LLC boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 3.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 50,425 shares of the transportation company’s stock after purchasing an additional 1,626 shares during the period. United Parcel Service comprises approximately 0.7% of Executive Wealth Management LLC’s portfolio, making the stock its 24th largest position. Executive Wealth Management LLC’s holdings in United Parcel Service were worth $5,207,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. First National Corp MA ADV acquired a new stake in United Parcel Service in the 1st quarter valued at approximately $38,000. RPG Investment Advisory LLC increased its holdings in United Parcel Service by 277.1% in the 1st quarter. RPG Investment Advisory LLC now owns 264 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 194 shares during the last quarter. Financial Gravity Wealth Inc. acquired a new stake in United Parcel Service in the 1st quarter valued at approximately $32,000. Capital Advisors Ltd. LLC increased its holdings in United Parcel Service by 65.0% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 297 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 117 shares during the last quarter. Finally, Whitener Capital Management Inc. increased its holdings in United Parcel Service by 75.0% in the 1st quarter. Whitener Capital Management Inc. now owns 350 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 55.50% of the company’s stock.

Several analysts recently weighed in on the stock. Credit Suisse Group set a $119.00 target price on shares of United Parcel Service and gave the company a “neutral” rating in a report on Wednesday, July 31st. Bank of America raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Thursday, July 25th. Berenberg Bank reaffirmed a “buy” rating on shares of United Parcel Service in a research report on Friday, July 26th. Goldman Sachs Group started coverage on shares of United Parcel Service in a research report on Wednesday, July 10th. They set a “buy” rating and a $123.00 price objective for the company. Finally, Raymond James lifted their price objective on shares of United Parcel Service from $130.00 to $135.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 25th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $118.82.

Shares of UPS opened at $115.83 on Wednesday. United Parcel Service, Inc. has a 1-year low of $89.89 and a 1-year high of $125.09. The stock has a market capitalization of $99.39 billion, a PE ratio of 16.00, a PEG ratio of 1.76 and a beta of 1.23. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 4.62. The company has a fifty day moving average of $109.05.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Wednesday, July 24th. The transportation company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.03. United Parcel Service had a net margin of 6.56% and a return on equity of 175.60%. The firm had revenue of $18.05 billion during the quarter, compared to analysts’ expectations of $17.98 billion. During the same period in the previous year, the company earned $1.94 earnings per share. United Parcel Service’s quarterly revenue was up 3.4% compared to the same quarter last year. On average, analysts anticipate that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 4th. Investors of record on Monday, August 19th will be given a $0.96 dividend. The ex-dividend date is Friday, August 16th. This represents a $3.84 dividend on an annualized basis and a yield of 3.32%. United Parcel Service’s dividend payout ratio (DPR) is presently 53.04%.

About United Parcel Service

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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