Soltis Investment Advisors LLC Has $4.58 Million Holdings in United Parcel Service, Inc. (NYSE:UPS)

Soltis Investment Advisors LLC grew its position in United Parcel Service, Inc. (NYSE:UPS) by 5.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,580 shares of the transportation company’s stock after purchasing an additional 1,719 shares during the quarter. Soltis Investment Advisors LLC’s holdings in United Parcel Service were worth $4,578,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in UPS. ORG Partners LLC grew its stake in shares of United Parcel Service by 872.8% in the second quarter. ORG Partners LLC now owns 3,220 shares of the transportation company’s stock valued at $438,000 after acquiring an additional 2,889 shares in the last quarter. Cornerstone Wealth Management LLC boosted its holdings in United Parcel Service by 1.8% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 8,690 shares of the transportation company’s stock valued at $1,189,000 after purchasing an additional 152 shares during the period. Corundum Group Inc. grew its position in shares of United Parcel Service by 26.5% during the 2nd quarter. Corundum Group Inc. now owns 9,249 shares of the transportation company’s stock worth $1,266,000 after purchasing an additional 1,940 shares in the last quarter. Blackston Financial Advisory Group LLC increased its holdings in shares of United Parcel Service by 1.4% during the second quarter. Blackston Financial Advisory Group LLC now owns 5,068 shares of the transportation company’s stock worth $694,000 after purchasing an additional 69 shares during the period. Finally, Archford Capital Strategies LLC raised its position in shares of United Parcel Service by 1.7% in the second quarter. Archford Capital Strategies LLC now owns 6,102 shares of the transportation company’s stock valued at $835,000 after buying an additional 101 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Up 1.3 %

NYSE:UPS opened at $130.22 on Wednesday. United Parcel Service, Inc. has a one year low of $123.12 and a one year high of $163.82. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $111.13 billion, a PE ratio of 19.67, a P/E/G ratio of 2.06 and a beta of 0.98. The firm’s 50 day simple moving average is $133.16 and its 200 day simple moving average is $132.96.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. United Parcel Service’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.57 earnings per share. On average, research analysts anticipate that United Parcel Service, Inc. will post 7.48 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.01%. United Parcel Service’s dividend payout ratio (DPR) is currently 98.49%.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on UPS shares. UBS Group raised their price objective on United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Argus upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. Bank of America upped their price objective on shares of United Parcel Service from $132.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Wells Fargo & Company raised their target price on shares of United Parcel Service from $134.00 to $142.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. Finally, The Goldman Sachs Group dropped their target price on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $151.29.

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.