S.E.E.D. Planning Group LLC Acquires New Position in United Parcel Service, Inc. (NYSE:UPS)

S.E.E.D. Planning Group LLC bought a new position in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,950 shares of the transportation company’s stock, valued at approximately $498,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Thoroughbred Financial Services LLC raised its position in United Parcel Service by 106.1% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,363 shares of the transportation company’s stock worth $597,000 after purchasing an additional 2,246 shares during the period. Quantbot Technologies LP purchased a new position in shares of United Parcel Service in the second quarter worth about $2,986,000. Citizens Financial Group Inc. RI lifted its stake 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 acquiring an additional 823 shares during the last quarter. Excalibur Management Corp boosted its holdings in United Parcel Service by 5.3% during the 2nd quarter. Excalibur Management Corp now owns 12,826 shares of the transportation company’s stock valued at $1,755,000 after acquiring an additional 646 shares during the period. Finally, Edgestream Partners L.P. grew its position 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 acquiring an additional 51,245 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on UPS shares. UBS Group boosted their price objective on United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, October 25th. The Goldman Sachs Group lowered their price target on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Stifel Nicolaus raised their price target on shares of United Parcel Service from $151.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, October 25th. JPMorgan Chase & Co. upped their price objective on shares of United Parcel Service from $134.00 to $135.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Finally, Susquehanna increased their target price on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $151.10.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.13% of the company’s stock.

United Parcel Service Stock Up 0.7 %

NYSE:UPS opened at $125.89 on Wednesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The firm’s 50-day moving average price is $129.22 and its 200-day moving average price is $131.01. The company has a market capitalization of $107.43 billion, a PE ratio of 19.02, a P/E/G ratio of 2.11 and a beta of 1.00. United Parcel Service, Inc. has a 1-year low of $121.56 and a 1-year high of $161.35.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $22.10 billion. During the same quarter in the prior year, the company earned $1.57 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year. On average, equities analysts predict that United Parcel Service, Inc. will post 7.48 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 5.18%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is 98.49%.

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.