Investors Asset Management of Georgia Inc. GA ADV Acquires 700 Shares of United Parcel Service, Inc. (NYSE:UPS)

Investors Asset Management of Georgia Inc. GA ADV increased its holdings in United Parcel Service, Inc. (NYSE:UPS) by 15.6% in the 4th quarter, Holdings Channel reports. The fund owned 5,192 shares of the transportation company’s stock after buying an additional 700 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in United Parcel Service were worth $817,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its position in United Parcel Service by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 15,889,570 shares of the transportation company’s stock valued at $2,456,055,000 after purchasing an additional 628,944 shares during the last quarter. International Assets Investment Management LLC grew its position in United Parcel Service by 15,631.2% during the 4th quarter. International Assets Investment Management LLC now owns 14,502,261 shares of the transportation company’s stock valued at $2,280,190,000 after purchasing an additional 14,410,073 shares during the last quarter. Wellington Management Group LLP grew its position in United Parcel Service by 31.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,677,202 shares of the transportation company’s stock valued at $1,508,385,000 after purchasing an additional 2,331,875 shares during the last quarter. Northern Trust Corp grew its position in United Parcel Service by 0.6% during the 1st quarter. Northern Trust Corp now owns 9,273,417 shares of the transportation company’s stock valued at $1,988,777,000 after purchasing an additional 54,401 shares during the last quarter. Finally, Morgan Stanley grew its position in United Parcel Service by 33.7% during the 4th quarter. Morgan Stanley now owns 7,730,090 shares of the transportation company’s stock valued at $1,343,799,000 after purchasing an additional 1,949,775 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on UPS. Evercore ISI reissued an “in-line” rating and set a $154.00 price objective on shares of United Parcel Service in a research report on Wednesday, March 27th. Oppenheimer reissued an “outperform” rating and set a $153.00 price objective on shares of United Parcel Service in a research report on Wednesday, March 27th. JPMorgan Chase & Co. cut their price objective on shares of United Parcel Service from $154.00 to $150.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 9th. TheStreet raised shares of United Parcel Service from a “c” rating to a “b-” rating in a report on Tuesday, January 30th. Finally, Daiwa Capital Markets downgraded shares of United Parcel Service from an “outperform” rating to a “neutral” rating and set a $155.00 price target on the stock. in a report on Tuesday, December 26th. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $165.61.

United Parcel Service Stock Performance

Shares of UPS traded down $0.21 on Thursday, reaching $142.04. The company’s stock had a trading volume of 1,544,072 shares, compared to its average volume of 4,282,657. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market capitalization of $121.11 billion, a P/E ratio of 18.29, a PEG ratio of 1.66 and a beta of 1.05. The stock’s 50 day simple moving average is $149.65 and its two-hundred day simple moving average is $151.34. United Parcel Service, Inc. has a 12-month low of $133.68 and a 12-month high of $197.80.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.01. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The company had revenue of $24.92 billion for the quarter, compared to analysts’ expectations of $25.40 billion. During the same quarter last year, the business earned $3.62 EPS. The firm’s revenue was down 7.8% compared to the same quarter last year. Research analysts forecast that United Parcel Service, Inc. will post 8.2 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Tuesday, February 20th were paid a dividend of $1.63 per share. This is a boost from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date was Friday, February 16th. This represents a $6.52 dividend on an annualized basis and a yield of 4.59%. United Parcel Service’s dividend payout ratio (DPR) is presently 83.70%.

Insiders Place Their Bets

In other news, Director Eva C. Boratto bought 1,400 shares of the firm’s stock in a transaction on Friday, February 2nd. The shares were bought at an average price of $142.30 per share, for a total transaction of $199,220.00. Following the purchase, the director now owns 1,400 shares in the company, valued at $199,220. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is owned by company insiders.

United Parcel Service 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.