Lincoln National Corp Increases Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Lincoln National Corp lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPSGet Rating) by 0.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,032 shares of the transportation company’s stock after buying an additional 65 shares during the quarter. Lincoln National Corp’s holdings in United Parcel Service were worth $2,429,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of UPS. Coston McIsaac & Partners acquired a new position in United Parcel Service during the second quarter worth about $26,000. Worth Asset Management LLC acquired a new stake in shares of United Parcel Service during the 1st quarter valued at about $27,000. Winch Advisory Services LLC lifted its holdings in shares of United Parcel Service by 334.1% during the 2nd quarter. Winch Advisory Services LLC now owns 178 shares of the transportation company’s stock valued at $33,000 after buying an additional 137 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of United Parcel Service during the 2nd quarter valued at about $36,000. Finally, Win Advisors Inc. lifted its holdings in shares of United Parcel Service by 73.2% during the 2nd quarter. Win Advisors Inc. now owns 213 shares of the transportation company’s stock valued at $39,000 after buying an additional 90 shares during the last quarter. 58.92% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Price Performance

Shares of UPS stock opened at $180.48 on Tuesday. The stock’s fifty day simple moving average is $179.51 and its 200 day simple moving average is $180.97. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market cap of $156.10 billion, a price-to-earnings ratio of 14.14, a P/E/G ratio of 1.81 and a beta of 1.12. United Parcel Service, Inc. has a one year low of $154.87 and a one year high of $233.72.

United Parcel Service (NYSE:UPSGet Rating) last announced its quarterly earnings results on Tuesday, October 25th. The transportation company reported $2.99 EPS for the quarter, beating the consensus estimate of $2.84 by $0.15. The business had revenue of $24.16 billion for the quarter, compared to analyst estimates of $24.34 billion. United Parcel Service had a return on equity of 71.90% and a net margin of 11.07%. United Parcel Service’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.71 EPS. On average, analysts expect that United Parcel Service, Inc. will post 12.92 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. Shareholders of record on Monday, November 14th were paid a $1.52 dividend. This represents a $6.08 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date was Thursday, November 10th. United Parcel Service’s dividend payout ratio is currently 47.65%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Susquehanna raised their price objective on United Parcel Service from $160.00 to $165.00 in a research note on Wednesday, October 26th. Wells Fargo & Company cut their price objective on United Parcel Service from $207.00 to $195.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 4th. Credit Suisse Group set a $213.00 price objective on United Parcel Service in a research note on Wednesday, January 11th. KeyCorp cut their price objective on United Parcel Service from $250.00 to $200.00 and set an “overweight” rating on the stock in a research note on Thursday, October 13th. Finally, Cowen cut their price objective on United Parcel Service from $232.00 to $187.00 and set a “market perform” rating on the stock in a research note on Wednesday, October 26th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $200.41.

United Parcel Service Company Profile

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United Parcel Service, Inc operates as a logistics and package delivery company that provides supply chain management services. Its logistics services include transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage, insurance, and financing. The firm operates through the following segments: U.S.

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

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