GenTrust LLC Has $314,000 Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

GenTrust LLC lessened its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 9.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,000 shares of the transportation company’s stock after selling 204 shares during the quarter. GenTrust LLC’s holdings in United Parcel Service were worth $314,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. VisionPoint Advisory Group LLC acquired a new position in shares of United Parcel Service during the second quarter valued at $25,000. OFI Invest Asset Management acquired a new position in shares of United Parcel Service during the third quarter valued at $25,000. IMA Wealth Inc. lifted its stake in shares of United Parcel Service by 100.0% during the second quarter. IMA Wealth Inc. now owns 142 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 71 shares during the period. Pacific Center for Financial Services acquired a new position in shares of United Parcel Service during the first quarter valued at $25,000. Finally, Worth Asset Management LLC acquired a new position in shares of United Parcel Service during the first quarter valued at $27,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Ratings Changes

UPS has been the topic of several analyst reports. Barclays cut their target price on United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 31st. Morgan Stanley increased their target price on United Parcel Service from $95.00 to $100.00 and gave the company an “underweight” rating in a research note on Wednesday. BMO Capital Markets increased their target price on United Parcel Service from $160.00 to $165.00 and gave the company a “market perform” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut their target price on United Parcel Service from $183.00 to $179.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Stifel Nicolaus cut their target price on United Parcel Service from $178.00 to $170.00 and set a “buy” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, United Parcel Service has an average rating of “Hold” and an average target price of $165.23.

Insiders Place Their Bets

In related news, Director Eva C. Boratto purchased 1,400 shares of the stock in a transaction on Friday, February 2nd. The shares were purchased at an average price of $142.30 per share, with a total value of $199,220.00. Following the transaction, the director now directly owns 1,400 shares of the company’s stock, valued at $199,220. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

United Parcel Service Stock Up 0.9 %

NYSE:UPS opened at $148.64 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market cap of $126.74 billion, a PE ratio of 19.08, a PEG ratio of 1.79 and a beta of 1.05. United Parcel Service, Inc. has a 52-week low of $133.68 and a 52-week high of $197.80. The stock has a 50-day simple moving average of $150.64 and a 200 day simple moving average of $152.25.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, January 30th. The transportation company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.01. The firm had revenue of $24.92 billion during the quarter, compared to the consensus estimate of $25.40 billion. United Parcel Service had a return on equity of 39.46% and a net margin of 7.37%. The business’s revenue was down 7.8% compared to the same quarter last year. During the same period last year, the company earned $3.62 earnings per share. On average, sell-side analysts expect that United Parcel Service, Inc. will post 8.28 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Tuesday, February 20th were given a dividend of $1.63 per share. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date of this dividend was Friday, February 16th. This represents a $6.52 annualized dividend and a dividend yield of 4.39%. United Parcel Service’s payout ratio is 83.70%.

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.