Bill Few Associates Inc. Sells 214 Shares of United Parcel Service, Inc. (NYSE:UPS)

Bill Few Associates Inc. lowered its position in United Parcel Service, Inc. (NYSE:UPS) by 9.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,138 shares of the transportation company’s stock after selling 214 shares during the quarter. Bill Few Associates Inc.’s holdings in United Parcel Service were worth $270,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UPS. Public Sector Pension Investment Board lifted its position in shares of United Parcel Service by 76.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 28,189 shares of the transportation company’s stock worth $3,858,000 after buying an additional 12,208 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in United Parcel Service by 61.4% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 139,404 shares of the transportation company’s stock worth $19,077,000 after acquiring an additional 53,053 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of United Parcel Service by 0.6% during the second quarter. Toronto Dominion Bank now owns 241,863 shares of the transportation company’s stock valued at $33,099,000 after acquiring an additional 1,511 shares during the period. Point72 Hong Kong Ltd acquired a new stake in shares of United Parcel Service during the 2nd quarter worth about $2,631,000. Finally, Alpha DNA Investment Management LLC lifted its holdings in United Parcel Service by 6.8% during the 2nd quarter. Alpha DNA Investment Management LLC now owns 7,069 shares of the transportation company’s stock valued at $967,000 after purchasing an additional 449 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insider Activity at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by company insiders.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $132.59 on Thursday. 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 has a market cap of $113.15 billion, a price-to-earnings ratio of 20.03, a price-to-earnings-growth ratio of 1.87 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. The stock’s 50-day moving average is $128.95 and its 200-day moving average is $130.82.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. The company 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 firm’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company earned $1.57 earnings per share. Equities analysts predict that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s payout ratio is 98.49%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Evercore ISI increased their price objective on United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday. Susquehanna lifted their price objective on United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Citigroup reduced their target price on shares of United Parcel Service from $163.00 to $158.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Finally, BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their price target for the stock from $155.00 to $150.00 in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.38.

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.