United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,386 shares of the transportation company’s stock after purchasing an additional 641 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in United Parcel Service were worth $5,219,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of United Parcel Service by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 65,136,394 shares of the transportation company’s stock worth $8,213,699,000 after acquiring an additional 370,705 shares during the period. State Street Corp raised its stake in United Parcel Service by 2.1% during the third quarter. State Street Corp now owns 29,597,425 shares of the transportation company’s stock worth $4,035,313,000 after purchasing an additional 613,409 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of United Parcel Service by 6.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 23,264,665 shares of the transportation company’s stock valued at $2,933,674,000 after purchasing an additional 1,337,058 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of United Parcel Service by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 15,289,624 shares of the transportation company’s stock valued at $2,080,170,000 after buying an additional 373,202 shares during the period. Finally, Amundi raised its position in shares of United Parcel Service by 14.6% in the 4th quarter. Amundi now owns 10,040,863 shares of the transportation company’s stock worth $1,272,600,000 after buying an additional 1,277,328 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

Shares of UPS stock opened at $110.16 on Thursday. The stock has a market capitalization of $94.10 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 1.55 and a beta of 0.94. United Parcel Service, Inc. has a one year low of $107.52 and a one year high of $154.29. The company’s 50-day simple moving average is $117.20 and its 200-day simple moving average is $126.04. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same period last year, the business posted $2.47 earnings per share. Equities analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.95%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s dividend payout ratio is 97.04%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on UPS. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, March 5th. Morgan Stanley dropped their target price on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a research report on Friday, January 31st. Robert W. Baird cut shares of United Parcel Service from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $160.00 to $130.00 in a research report on Friday, January 31st. Citigroup dropped their price objective on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Finally, Bank of America reduced their target price on shares of United Parcel Service from $133.00 to $129.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, United Parcel Service has an average rating of “Moderate Buy” and a consensus target price of $135.83.

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.