Advance Capital Management Inc. Has $1.05 Million Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Advance Capital Management Inc. decreased its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,329 shares of the transportation company’s stock after selling 399 shares during the quarter. Advance Capital Management Inc.’s holdings in United Parcel Service were worth $1,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Neville Rodie & Shaw Inc. raised its position in United Parcel Service by 58.7% during the fourth quarter. Neville Rodie & Shaw Inc. now owns 15,867 shares of the transportation company’s stock worth $2,001,000 after acquiring an additional 5,867 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of United Parcel Service by 30.7% during the 4th quarter. Nordea Investment Management AB now owns 2,919,945 shares of the transportation company’s stock worth $367,300,000 after purchasing an additional 685,259 shares during the last quarter. Everence Capital Management Inc. raised its holdings in shares of United Parcel Service by 70.3% in the 4th quarter. Everence Capital Management Inc. now owns 21,350 shares of the transportation company’s stock valued at $2,692,000 after purchasing an additional 8,810 shares during the period. Centre Asset Management LLC acquired a new stake in United Parcel Service in the 4th quarter valued at about $9,530,000. Finally, GAMMA Investing LLC grew its holdings in United Parcel Service by 14.3% during the fourth quarter. GAMMA Investing LLC now owns 6,494 shares of the transportation company’s stock worth $819,000 after purchasing an additional 814 shares during the period. Institutional investors own 60.26% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on UPS. Barclays reaffirmed an “underweight” rating and issued a $120.00 price objective on shares of United Parcel Service in a research report on Monday, October 21st. Evercore ISI upped their price objective on shares of United Parcel Service from $138.00 to $141.00 and gave the company an “in-line” rating in a report on Tuesday, October 22nd. Susquehanna raised their target price 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. Bank of America increased their price target on shares of United Parcel Service from $132.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. reduced their price objective on United Parcel Service from $140.00 to $139.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, United Parcel Service has a consensus rating of “Moderate Buy” and an average price target of $151.10.

Insider Activity

In other United Parcel Service 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 completion of the transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

Shares of UPS stock traded up $0.27 on Monday, reaching $124.06. The company had a trading volume of 4,956,536 shares, compared to its average volume of 3,403,998. The stock has a market capitalization of $105.87 billion, a PE ratio of 18.74, a price-to-earnings-growth ratio of 2.11 and a beta of 1.00. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. The business’s 50-day moving average is $130.45 and its 200 day moving average is $131.57. United Parcel Service, Inc. has a one year low of $122.01 and a one year high of $161.48.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share 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 analyst estimates 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 last year, the business posted $1.57 earnings per share. Equities research analysts forecast that United Parcel Service, Inc. will post 7.48 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

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 $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 5.26%. United Parcel Service’s payout ratio is presently 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.