876 Shares in United Parcel Service, Inc. (NYSE:UPS) Bought by Marshall Investment Management LLC

Marshall Investment Management LLC purchased a new position in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 876 shares of the transportation company’s stock, valued at approximately $120,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFS Advisors LLC increased its holdings in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. True Wealth Design LLC grew its holdings in shares of United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares in the last quarter. Princeton Global Asset Management LLC grew its holdings in shares of United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after buying an additional 216 shares in the last quarter. FSA Wealth Management LLC purchased a new stake in shares of United Parcel Service during the third quarter worth $36,000. Finally, Sugar Maple Asset Management LLC purchased a new stake in shares of United Parcel Service during the fourth quarter worth $38,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on UPS shares. Susquehanna dropped their target price on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, January 31st. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. UBS Group dropped their target price on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a report on Friday, January 31st. Wells Fargo & Company dropped their target price on shares of United Parcel Service from $150.00 to $128.00 and set an “overweight” rating for the company in a report on Friday, January 31st. Finally, Wolfe Research raised shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price for the company in a report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service currently has an average rating of “Moderate Buy” and an average target price of $140.73.

Insider Buying and Selling

In related 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 transaction of $1,015,025.25. Following the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.

United Parcel Service Stock Down 0.2 %

Shares of UPS opened at $116.35 on Friday. The stock has a market capitalization of $99.38 billion, a PE ratio of 17.21, a P/E/G ratio of 1.55 and a beta of 0.98. United Parcel Service, Inc. has a 1 year low of $109.40 and a 1 year high of $158.95. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The company’s 50-day simple moving average is $123.21 and its 200-day simple moving average is $128.36.

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

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.64%. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, February 18th. United Parcel Service’s dividend payout ratio is presently 97.04%.

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.