United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Rational Advisors LLC

Rational Advisors LLC raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPSGet Rating) by 126.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 120 shares of the transportation company’s stock after acquiring an additional 67 shares during the quarter. Rational Advisors LLC’s holdings in United Parcel Service were worth $26,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Lumature Wealth Partners LLC lifted its position in United Parcel Service by 5.5% during the fourth quarter. Lumature Wealth Partners LLC now owns 4,131 shares of the transportation company’s stock valued at $885,000 after buying an additional 214 shares in the last quarter. Confluence Wealth Services Inc. acquired a new position in United Parcel Service during the fourth quarter valued at approximately $1,127,000. CarsonAllaria Wealth Management Ltd. acquired a new position in United Parcel Service during the fourth quarter valued at approximately $166,000. Pictet Asset Management SA lifted its position in United Parcel Service by 1.1% during the fourth quarter. Pictet Asset Management SA now owns 337,601 shares of the transportation company’s stock valued at $72,361,000 after buying an additional 3,515 shares in the last quarter. Finally, Pittenger & Anderson Inc. lifted its position in United Parcel Service by 219.3% during the fourth quarter. Pittenger & Anderson Inc. now owns 1,143 shares of the transportation company’s stock valued at $245,000 after buying an additional 785 shares in the last quarter. 57.85% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently commented on UPS shares. Credit Suisse Group reduced their target price on shares of United Parcel Service from $263.00 to $226.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 27th. Susquehanna Bancshares reduced their target price on shares of United Parcel Service from $218.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 27th. KeyCorp boosted their target price on shares of United Parcel Service from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 2nd. Barclays reduced their target price on shares of United Parcel Service from $245.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 27th. Finally, Sanford C. Bernstein set a $272.00 target price on shares of United Parcel Service in a research report on Friday, March 11th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $225.04.

In related news, insider Philippe R. Gilbert sold 3,897 shares of the company’s stock in a transaction dated Thursday, March 3rd. The shares were sold at an average price of $215.37, for a total value of $839,296.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Laura J. Lane sold 6,988 shares of the company’s stock in a transaction dated Friday, February 18th. The stock was sold at an average price of $208.28, for a total transaction of $1,455,460.64. The disclosure for this sale can be found here. 0.12% of the stock is currently owned by corporate insiders.

Shares of United Parcel Service stock traded up $0.90 during trading on Friday, hitting $178.04. 3,598,100 shares of the stock were exchanged, compared to its average volume of 3,628,483. The stock’s fifty day moving average is $197.52 and its 200 day moving average is $205.72. The stock has a market cap of $154.96 billion, a PE ratio of 14.53, a P/E/G ratio of 1.55 and a beta of 1.16. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.52 and a current ratio of 1.52. United Parcel Service, Inc. has a 12 month low of $173.19 and a 12 month high of $233.72.

United Parcel Service (NYSE:UPSGet Rating) last released its quarterly earnings results on Tuesday, April 26th. The transportation company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.88 by $0.17. The business had revenue of $24.40 billion during the quarter, compared to analyst estimates of $23.80 billion. United Parcel Service had a net margin of 10.90% and a return on equity of 82.94%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.77 earnings per share. Sell-side analysts anticipate that United Parcel Service, Inc. will post 12.83 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 2nd. Stockholders of record on Monday, May 16th will be given a dividend of $1.52 per share. The ex-dividend date is Friday, May 13th. This represents a $6.08 annualized dividend and a dividend yield of 3.41%. United Parcel Service’s dividend payout ratio is currently 49.63%.

United Parcel Service Company Profile (Get Rating)

United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. 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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Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPSGet Rating).

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

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