M Holdings Securities Inc. acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,021 shares of the transportation company’s stock, valued at approximately $1,216,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Clear Harbor Asset Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at approximately $25,000. Koshinski Asset Management Inc. increased its stake in shares of United Parcel Service by 61.9% in the fourth quarter. Koshinski Asset Management Inc. now owns 4,713 shares of the transportation company’s stock worth $549,000 after buying an additional 1,802 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of United Parcel Service by 46.9% in the fourth quarter. Russell Investments Group Ltd. now owns 203,423 shares of the transportation company’s stock worth $23,758,000 after buying an additional 64,976 shares during the last quarter. CFM Wealth Partners LLC bought a new stake in shares of United Parcel Service in the fourth quarter worth $148,000. Finally, Andesa Financial Management Inc. bought a new stake in shares of United Parcel Service in the fourth quarter worth $270,000. Institutional investors own 54.83% of the company’s stock.
NYSE UPS traded up $0.62 on Tuesday, hitting $99.90. The stock had a trading volume of 662,646 shares, compared to its average volume of 4,012,177. The company’s 50-day moving average is $96.90 and its two-hundred day moving average is $105.59. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $125.31. The stock has a market cap of $85.97 billion, a price-to-earnings ratio of 20.07, a P/E/G ratio of 2.43 and a beta of 0.83. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 8.06.
United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.08). United Parcel Service had a return on equity of 152.81% and a net margin of 5.73%. The business had revenue of $18.04 billion during the quarter, compared to the consensus estimate of $17.17 billion. During the same period last year, the company earned $1.39 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 5.58 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 26th will be paid a $1.01 dividend. The ex-dividend date is Friday, May 22nd. This represents a $4.04 annualized dividend and a dividend yield of 4.04%. United Parcel Service’s payout ratio is 53.65%.
A number of analysts recently issued reports on UPS shares. Barclays lowered shares of United Parcel Service from an “equal weight” rating to an “underweight” rating and set a $90.00 price target for the company. in a research note on Friday, April 17th. UBS Group lowered shares of United Parcel Service from a “buy” rating to a “neutral” rating in a research note on Sunday, April 19th. Standpoint Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Thursday, February 27th. Stifel Nicolaus dropped their price target on shares of United Parcel Service from $104.00 to $102.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Cowen dropped their price target on shares of United Parcel Service from $119.00 to $101.00 and set a “market perform” rating for the company in a research note on Thursday, April 2nd. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $110.76.
United Parcel Service Profile
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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