SWS Partners Buys 2,460 Shares of United Parcel Service, Inc. (NYSE:UPS)

SWS Partners lifted its stake in United Parcel Service, Inc. (NYSE:UPSFree Report) by 13.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,158 shares of the transportation company’s stock after purchasing an additional 2,460 shares during the period. SWS Partners’ holdings in United Parcel Service were worth $3,169,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tennessee Valley Asset Management Partners purchased a new position in shares of United Parcel Service during the 4th quarter worth approximately $26,000. Life Planning Partners Inc purchased a new stake in United Parcel Service in the fourth quarter worth $28,000. Northwest Financial Advisors bought a new position in United Parcel Service in the fourth quarter worth $28,000. Bourgeon Capital Management LLC purchased a new position in United Parcel Service during the fourth quarter valued at $31,000. Finally, VisionPoint Advisory Group LLC lifted its position in United Parcel Service by 69.5% during the third quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock valued at $37,000 after buying an additional 98 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Down 0.5 %

Shares of NYSE:UPS traded down $0.68 during trading on Monday, reaching $138.25. The company’s stock had a trading volume of 776,365 shares, compared to its average volume of 4,002,297. The firm’s 50 day simple moving average is $146.15 and its two-hundred day simple moving average is $150.77. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11. United Parcel Service, Inc. has a 12 month low of $133.58 and a 12 month high of $192.98. The stock has a market capitalization of $118.28 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 1.76 and a beta of 1.01.

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

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date of this dividend was Friday, May 10th. United Parcel Service’s dividend payout ratio is currently 94.49%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UPS shares. JPMorgan Chase & Co. reduced their target price on shares of United Parcel Service from $154.00 to $150.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 9th. Morgan Stanley lifted their target price on shares of United Parcel Service from $95.00 to $100.00 and gave the company an “underweight” rating in a report on Wednesday, March 27th. Deutsche Bank Aktiengesellschaft cut their price target on United Parcel Service from $183.00 to $179.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. BMO Capital Markets raised their price objective on United Parcel Service from $165.00 to $169.00 and gave the company a “market perform” rating in a research report on Wednesday, April 24th. Finally, Robert W. Baird raised United Parcel Service from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $165.00 to $170.00 in a report on Friday, February 16th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service currently has an average rating of “Hold” and a consensus target price of $165.23.

Get Our Latest Stock Report on UPS

United Parcel Service Profile

(Free Report)

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.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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