Mn Services Vermogensbeheer B.V. Increases Stake in United Parcel Service, Inc. (NYSE:UPS)

Mn Services Vermogensbeheer B.V. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 287,099 shares of the transportation company’s stock after purchasing an additional 6,300 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in United Parcel Service were worth $36,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of UPS. New York Life Investment Management LLC grew its position in shares of United Parcel Service by 0.5% during the fourth quarter. New York Life Investment Management LLC now owns 108,894 shares of the transportation company’s stock worth $13,732,000 after purchasing an additional 521 shares in the last quarter. Heritage Investors Management Corp lifted its stake in shares of United Parcel Service by 0.6% in the 4th quarter. Heritage Investors Management Corp now owns 82,448 shares of the transportation company’s stock valued at $10,397,000 after purchasing an additional 507 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $34,000. Carlson Capital L.P. bought a new stake in shares of United Parcel Service during the 4th quarter worth approximately $807,000. Finally, Checchi Capital Advisers LLC lifted its stake in shares of United Parcel Service by 3.1% during the 4th quarter. Checchi Capital Advisers LLC now owns 5,455 shares of the transportation company’s stock worth $688,000 after acquiring an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on UPS shares. StockNews.com downgraded United Parcel Service from a “buy” rating to a “hold” rating in a report on Tuesday. Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. UBS Group reduced their target price on United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a report on Friday, January 31st. Wolfe Research raised 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. Finally, BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their price target for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $140.73.

United Parcel Service Price Performance

Shares of UPS opened at $116.83 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95. The stock has a market cap of $99.79 billion, a P/E ratio of 17.28, a P/E/G ratio of 1.55 and a beta of 0.98. The business’s fifty day moving average is $122.64 and its 200 day moving average is $128.19.

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 last year, the company posted $2.47 earnings per share. Sell-side 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 company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th will be issued a $1.64 dividend. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 5.61%. United Parcel Service’s dividend payout ratio (DPR) is currently 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.