Finley Financial LLC Buys New Stake in United Parcel Service, Inc. (NYSE:UPS)

Finley Financial LLC bought a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,626 shares of the transportation company’s stock, valued at approximately $335,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFS Advisors LLC increased its holdings in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after buying an additional 151 shares in the last quarter. True Wealth Design LLC increased its holdings in United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after buying an additional 171 shares in the last quarter. PSI Advisors LLC increased its holdings in United Parcel Service by 408.2% in the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after buying an additional 200 shares in the last quarter. Princeton Global Asset Management LLC increased its holdings in United Parcel Service by 720.0% in the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after buying an additional 216 shares in the last quarter. Finally, FSA Wealth Management LLC purchased a new position in United Parcel Service in the third quarter valued at $36,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on UPS. Bank of America raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Thursday, January 16th. The Goldman Sachs Group cut their target price on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and cut their target price for the stock from $155.00 to $150.00 in a research note on Tuesday, December 10th. Barclays reissued an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a research note on Monday, October 21st. Finally, StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.38.

United Parcel Service Trading Up 2.5 %

NYSE UPS opened at $132.96 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 fifty day moving average price is $128.97 and its 200 day moving average price is $130.81. The company has a market capitalization of $113.47 billion, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00. United Parcel Service, Inc. has a 12 month low of $121.56 and a 12 month high of $161.35.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. The firm had revenue of $22.20 billion for the quarter, compared to the consensus estimate 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 revenue was up 5.4% on a year-over-year basis. During the same period last year, the firm posted $1.57 EPS. On average, sell-side analysts expect that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio is currently 98.49%.

United Parcel Service 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.