OneDigital Investment Advisors LLC Has $3.57 Million Holdings in United Parcel Service, Inc. (NYSE:UPS)

OneDigital Investment Advisors LLC boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 105.4% in the third quarter, HoldingsChannel reports. The fund owned 26,190 shares of the transportation company’s stock after buying an additional 13,437 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in United Parcel Service were worth $3,571,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. M&G Plc purchased a new stake in shares of United Parcel Service during the 1st quarter worth about $9,766,000. Mizuho Markets Americas LLC purchased a new stake in shares of United Parcel Service during the 1st quarter worth about $395,000. Intech Investment Management LLC raised its stake in shares of United Parcel Service by 11.1% during the 1st quarter. Intech Investment Management LLC now owns 40,018 shares of the transportation company’s stock worth $5,948,000 after purchasing an additional 3,987 shares in the last quarter. TIAA Trust National Association raised its stake in shares of United Parcel Service by 2.1% during the 1st quarter. TIAA Trust National Association now owns 16,278 shares of the transportation company’s stock worth $2,419,000 after purchasing an additional 339 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board raised its stake in shares of United Parcel Service by 50.3% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 5,853 shares of the transportation company’s stock worth $870,000 after purchasing an additional 1,958 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Price Performance

Shares of UPS stock opened at $134.10 on Friday. The stock’s fifty day simple moving average is $132.37 and its 200 day simple moving average is $134.86. 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 $114.86 billion, a price-to-earnings ratio of 20.26, a P/E/G ratio of 2.19 and a beta of 0.99. United Parcel Service, Inc. has a one year low of $123.12 and a one year high of $163.82.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.63 by $0.13. The business had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. United Parcel Service’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.57 EPS. On average, analysts expect that United Parcel Service, Inc. will post 7.48 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, November 18th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 4.86%. The ex-dividend date of this dividend is Monday, November 18th. United Parcel Service’s dividend payout ratio is 98.49%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UPS. TD Cowen began coverage on United Parcel Service in a research note on Thursday, August 22nd. They set a “hold” rating and a $144.00 price target for the company. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Susquehanna raised their price objective on United Parcel Service from $135.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. BMO Capital Markets cut their price objective on United Parcel Service from $169.00 to $155.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 24th. Finally, Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.52.

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.