United Parcel Service, Inc. (NYSE:UPS) Stock Holdings Trimmed by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lowered its position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,483 shares of the transportation company’s stock after selling 190 shares during the quarter. GHP Investment Advisors Inc.’s holdings in United Parcel Service were worth $2,592,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. RB Capital Management LLC boosted its stake in United Parcel Service by 3.1% during the 1st quarter. RB Capital Management LLC now owns 2,689 shares of the transportation company’s stock valued at $577,000 after purchasing an additional 81 shares in the last quarter. Ergoteles LLC bought a new stake in United Parcel Service in the first quarter worth about $1,162,000. Halbert Hargrove Global Advisors LLC boosted its position in shares of United Parcel Service by 10.0% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 1,233 shares of the transportation company’s stock valued at $264,000 after purchasing an additional 112 shares in the last quarter. First Western Trust Bank acquired a new position in shares of United Parcel Service in the 1st quarter worth approximately $515,000. Finally, Stevens Capital Management LP bought a new stake in shares of United Parcel Service in the 1st quarter worth approximately $701,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Price Performance

Shares of UPS stock opened at $149.01 on Friday. The firm has a market cap of $127.05 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 1.71 and a beta of 1.05. United Parcel Service, Inc. has a 12 month low of $133.68 and a 12 month high of $197.80. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.09. The stock has a 50-day moving average price of $149.64 and a 200 day moving average price of $151.64.

United Parcel Service (NYSE:UPSGet Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.46 by $0.01. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The company had revenue of $24.92 billion during the quarter, compared to analysts’ expectations of $25.40 billion. During the same quarter in the previous year, the company earned $3.62 EPS. United Parcel Service’s revenue was down 7.8% on a year-over-year basis. Research analysts expect that United Parcel Service, Inc. will post 8.21 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Tuesday, February 20th were paid a $1.63 dividend. The ex-dividend date was Friday, February 16th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.38%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.62. United Parcel Service’s dividend payout ratio is 83.70%.

Insider Transactions at United Parcel Service

In related news, Director Eva C. Boratto bought 1,400 shares of United Parcel Service stock in a transaction on Friday, February 2nd. The shares were purchased at an average price of $142.30 per share, for a total transaction of $199,220.00. Following the completion of the acquisition, the director now owns 1,400 shares in the company, valued at $199,220. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.13% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on UPS. HSBC decreased their price target on shares of United Parcel Service from $155.00 to $150.00 and set a “hold” rating on the stock in a research report on Thursday, March 28th. UBS Group raised United Parcel Service from a “neutral” rating to a “buy” rating and upped their target price for the company from $160.00 to $175.00 in a report on Tuesday, February 6th. Deutsche Bank Aktiengesellschaft dropped 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. Susquehanna reaffirmed a “neutral” rating and set a $150.00 price objective on shares of United Parcel Service in a research note on Wednesday, March 27th. Finally, Barclays dropped their target price on shares of United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $165.61.

Read Our Latest Research Report on United Parcel Service

About United Parcel Service

(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.

See Also

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

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