Little House Capital LLC Boosts Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Little House Capital LLC increased its holdings in United Parcel Service, Inc. (NYSE:UPS) by 218.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,028 shares of the transportation company’s stock after acquiring an additional 6,877 shares during the quarter. Little House Capital LLC’s holdings in United Parcel Service were worth $1,490,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Tennessee Valley Asset Management Partners bought a new position in United Parcel Service in the fourth quarter worth $26,000. Life Planning Partners Inc purchased a new position in United Parcel Service during the fourth quarter valued at $28,000. Northwest Financial Advisors bought a new stake in United Parcel Service in the fourth quarter worth $28,000. Bourgeon Capital Management LLC purchased a new stake in shares of United Parcel Service in the fourth quarter worth $31,000. Finally, Security National Bank purchased a new position in shares of United Parcel Service in the 4th quarter worth about $31,000. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Trading Down 0.5 %

Shares of NYSE UPS traded down $0.71 during trading on Monday, hitting $136.14. 1,681,586 shares of the company were exchanged, compared to its average volume of 4,049,908. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.04 and a current ratio of 1.10. The firm has a market capitalization of $116.48 billion, a PE ratio of 19.72, a P/E/G ratio of 1.74 and a beta of 0.98. The company has a fifty day moving average price of $141.71 and a 200-day moving average price of $148.50. United Parcel Service, Inc. has a 12-month low of $132.90 and a 12-month high of $192.98.

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

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 4.79%. The ex-dividend date was Friday, May 10th. United Parcel Service’s payout ratio is currently 94.49%.

Analyst Ratings Changes

Several brokerages have issued reports on UPS. Wells Fargo & Company initiated coverage on shares of United Parcel Service in a report on Friday, June 7th. They issued an “overweight” rating and a $156.00 target price for the company. Redburn Atlantic upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a research note on Wednesday, April 3rd. Evercore ISI dropped their price objective on United Parcel Service from $157.00 to $145.00 and set an “in-line” rating for the company in a research note on Monday, June 24th. Morgan Stanley upped their price target 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. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of United Parcel Service from $183.00 to $179.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and a consensus target price of $164.55.

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.