United Parcel Service, Inc. (NYSE:UPS) Position Decreased by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC reduced its holdings in United Parcel Service, Inc. (NYSE:UPS) by 9.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,608 shares of the transportation company’s stock after selling 176 shares during the quarter. Quantum Financial Advisors LLC’s holdings in United Parcel Service were worth $203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Thoroughbred Financial Services LLC boosted its stake in shares of United Parcel Service by 106.1% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,363 shares of the transportation company’s stock worth $597,000 after acquiring an additional 2,246 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of United Parcel Service during the second quarter valued at $2,986,000. Citizens Financial Group Inc. RI boosted its position in shares of United Parcel Service by 6.1% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 14,349 shares of the transportation company’s stock valued at $1,964,000 after purchasing an additional 823 shares during the period. Excalibur Management Corp increased its stake in United Parcel Service by 5.3% in the 2nd quarter. Excalibur Management Corp now owns 12,826 shares of the transportation company’s stock worth $1,755,000 after purchasing an additional 646 shares in the last quarter. Finally, Edgestream Partners L.P. raised its holdings in United Parcel Service by 1,134.0% during the 2nd quarter. Edgestream Partners L.P. now owns 55,764 shares of the transportation company’s stock worth $7,631,000 after buying an additional 51,245 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

UPS has been the subject of several research analyst reports. Bank of America increased their price objective on United Parcel Service from $132.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. UBS Group raised their price target on shares of United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Susquehanna boosted their price objective on shares of United Parcel Service from $135.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Citigroup cut their target price on shares of United Parcel Service from $163.00 to $158.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Finally, The Goldman Sachs Group dropped their price target on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, United Parcel Service currently has an average rating of “Moderate Buy” and a consensus price target of $151.10.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.13% of the company’s stock.

United Parcel Service Trading Up 1.5 %

Shares of NYSE:UPS opened at $125.14 on Tuesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s 50-day moving average is $129.38 and its 200-day moving average is $131.08. The company has a market cap of $106.79 billion, a P/E ratio of 18.90, a P/E/G ratio of 2.11 and a beta of 1.00. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35.

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

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 5.21%. The ex-dividend date was Monday, November 18th. United Parcel Service’s payout ratio is currently 98.49%.

About United Parcel Service

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.