Integrated Advisors Network LLC Grows Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Integrated Advisors Network LLC lifted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 13.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,358 shares of the transportation company’s stock after purchasing an additional 1,445 shares during the period. Integrated Advisors Network LLC’s holdings in United Parcel Service were worth $1,943,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Tennessee Valley Asset Management Partners purchased a new position in shares of United Parcel Service during the fourth quarter valued at approximately $26,000. Life Planning Partners Inc purchased a new position in United Parcel Service during the 4th quarter valued at $28,000. Northwest Financial Advisors bought a new position in United Parcel Service in the 4th quarter worth $28,000. Bourgeon Capital Management LLC bought a new position in United Parcel Service in the 4th quarter worth $31,000. Finally, Security National Bank purchased a new stake in shares of United Parcel Service in the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Up 0.6 %

Shares of UPS stock traded up $0.76 during mid-day trading on Friday, hitting $135.65. The company’s stock had a trading volume of 3,800,244 shares, compared to its average volume of 3,265,808. The stock has a market cap of $116.06 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 1.72 and a beta of 1.01. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.04 and a current ratio of 1.10. United Parcel Service, Inc. has a 52-week low of $132.90 and a 52-week high of $192.98. The business has a 50-day moving average price of $143.62 and a 200 day moving average price of $149.86.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.10. The business had revenue of $21.70 billion during the quarter, compared to analyst estimates of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. United Parcel Service’s revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.20 EPS. Research analysts predict that United Parcel Service, Inc. will post 8.22 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 4.81%. The ex-dividend date was Friday, May 10th. United Parcel Service’s dividend payout ratio is currently 94.49%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Bank of America increased their price target on shares of United Parcel Service from $157.00 to $160.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 24th. HSBC raised United Parcel Service from a “hold” rating to a “buy” rating and increased their target price for the stock from $150.00 to $170.00 in a research report on Thursday, April 25th. Evercore ISI restated an “in-line” rating and set a $154.00 price target on shares of United Parcel Service in a research report on Wednesday, March 27th. JPMorgan Chase & Co. decreased their price objective on United Parcel Service from $154.00 to $150.00 and set a “neutral” rating for the company in a report on Tuesday, April 9th. Finally, Redburn Atlantic upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $164.95.

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.