Brady Family Wealth LLC Reduces Holdings in United Parcel Service, Inc. (NYSE:UPS)

Brady Family Wealth LLC reduced its stake in United Parcel Service, Inc. (NYSE:UPS) by 12.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,005 shares of the transportation company’s stock after selling 3,150 shares during the quarter. Brady Family Wealth LLC’s holdings in United Parcel Service were worth $2,901,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Winch Advisory Services LLC lifted its stake in shares of United Parcel Service by 98.8% during the fourth quarter. Winch Advisory Services LLC now owns 322 shares of the transportation company’s stock worth $41,000 after buying an additional 160 shares during the period. Rovin Capital UT ADV raised its stake in United Parcel Service by 85.7% in the 4th quarter. Rovin Capital UT ADV now owns 4,757 shares of the transportation company’s stock worth $600,000 after acquiring an additional 2,195 shares during the last quarter. Stolper Co lifted its position in United Parcel Service by 1.8% during the 4th quarter. Stolper Co now owns 35,558 shares of the transportation company’s stock worth $4,484,000 after acquiring an additional 638 shares during the period. BluePath Capital Management LLC purchased a new stake in United Parcel Service during the 4th quarter valued at about $340,000. Finally, Godsey & Gibb Inc. increased its holdings in shares of United Parcel Service by 2.8% in the fourth quarter. Godsey & Gibb Inc. now owns 142,387 shares of the transportation company’s stock valued at $17,955,000 after purchasing an additional 3,879 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction dated 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 completion of the sale, the insider now directly owns 45,098 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this link. Company insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on UPS. Evercore ISI lifted their target price on United Parcel Service from $138.00 to $141.00 and gave the stock an “in-line” rating in a report on Tuesday, October 22nd. StockNews.com upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Susquehanna increased their price objective on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Wolfe Research raised shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price for the company in a report on Wednesday, January 8th. Finally, Stifel Nicolaus upped their price target on shares of United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.10.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $127.42 on Thursday. 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 firm has a fifty day moving average of $129.22 and a 200 day moving average of $131.01. The firm has a market cap of $108.74 billion, a PE ratio of 19.25, a PEG ratio of 1.73 and a beta of 1.00. United Parcel Service, Inc. has a one year low of $121.56 and a one year high of $161.35.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.57 earnings per share. As a group, research analysts predict that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were issued a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.12%. 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.