Norwood Financial Corp Has $216,000 Stake in United Parcel Service, Inc. (NYSE:UPS)

Norwood Financial Corp grew its holdings in United Parcel Service, Inc. (NYSE:UPS) by 179.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,453 shares of the transportation company’s stock after acquiring an additional 933 shares during the period. Norwood Financial Corp’s holdings in United Parcel Service were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in UPS. Tennessee Valley Asset Management Partners acquired a new stake in United Parcel Service during the 4th quarter worth approximately $26,000. Life Planning Partners Inc bought a new position in United Parcel Service during the 4th quarter worth $28,000. Northwest Financial Advisors bought a new position in United Parcel Service during the 4th quarter worth $28,000. Bourgeon Capital Management LLC bought a new position in United Parcel Service during the 4th quarter worth $31,000. Finally, Security National Bank bought a new position in United Parcel Service during the 4th quarter worth $31,000. 60.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on UPS. Morgan Stanley raised their price objective on United Parcel Service from $95.00 to $100.00 and gave the stock an “underweight” rating in a research note on Wednesday, March 27th. Susquehanna lifted their price target on United Parcel Service from $150.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. HSBC upgraded United Parcel Service from a “hold” rating to a “buy” rating and lifted their price target for the company from $150.00 to $170.00 in a research note on Thursday, April 25th. TD Cowen decreased their price target on United Parcel Service from $147.00 to $140.00 and set a “hold” rating on the stock in a research note on Thursday, March 28th. Finally, Stifel Nicolaus decreased their price target on United Parcel Service from $178.00 to $170.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, United Parcel Service has a consensus rating of “Hold” and a consensus target price of $164.55.

United Parcel Service Trading Up 0.8 %

UPS traded up $1.02 during midday trading on Friday, hitting $136.85. 6,607,956 shares of the company were exchanged, compared to its average volume of 4,068,995. The firm has a market capitalization of $117.08 billion, a P/E ratio of 19.83, a P/E/G ratio of 1.75 and a beta of 1.01. United Parcel Service, Inc. has a 1-year low of $132.90 and a 1-year high of $192.98. The firm’s 50 day moving average price is $141.71 and its 200-day moving average price is $148.61. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 1.11.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, April 23rd. The transportation company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.33 by $0.10. The firm had revenue of $21.70 billion for the quarter, compared to the consensus estimate of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The business’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.20 EPS. As a group, equities analysts forecast that United Parcel Service, Inc. will post 8.22 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Monday, May 13th were issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend was Friday, May 10th. United Parcel Service’s payout ratio is presently 94.49%.

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.