1,675 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by Crewe Advisors LLC

Crewe Advisors LLC bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,675 shares of the transportation company’s stock, valued at approximately $249,000.

A number of other large investors have also recently added to or reduced their stakes in UPS. MQS Management LLC acquired a new position in United Parcel Service in the 1st quarter worth approximately $572,000. Natixis acquired a new position in United Parcel Service in the 1st quarter worth approximately $121,000. InterOcean Capital Group LLC boosted its stake in United Parcel Service by 7.2% in the 1st quarter. InterOcean Capital Group LLC now owns 319,915 shares of the transportation company’s stock worth $47,549,000 after purchasing an additional 21,489 shares during the period. Pitcairn Co. boosted its stake in United Parcel Service by 5.7% in the 1st quarter. Pitcairn Co. now owns 23,717 shares of the transportation company’s stock worth $3,525,000 after purchasing an additional 1,283 shares during the period. Finally, Saturna Capital Corp boosted its stake in United Parcel Service by 17.4% in the 1st quarter. Saturna Capital Corp now owns 274,696 shares of the transportation company’s stock worth $40,828,000 after purchasing an additional 40,726 shares during the period. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Stock Performance

UPS traded down $1.45 during trading on Thursday, hitting $127.08. The stock had a trading volume of 7,738,113 shares, compared to its average volume of 4,211,027. The firm has a market cap of $108.72 billion, a PE ratio of 18.42, a P/E/G ratio of 1.65 and a beta of 0.98. United Parcel Service, Inc. has a 12 month low of $124.80 and a 12 month high of $189.65. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11. The company has a 50 day simple moving average of $138.05 and a 200-day simple moving average of $145.91.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.20). The company had revenue of $21.82 billion during the quarter, compared to analyst estimates of $22.17 billion. United Parcel Service had a return on equity of 34.90% and a net margin of 5.87%. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.54 earnings per share. Analysts expect that United Parcel Service, Inc. will post 8.14 EPS for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Monday, May 13th were given a $1.63 dividend. The ex-dividend date was Friday, May 10th. This represents a $6.52 annualized dividend and a yield of 5.13%. United Parcel Service’s dividend payout ratio is 94.49%.

Insiders Place Their Bets

In related news, Director William R. Johnson purchased 5,000 shares of the firm’s stock in a transaction on Thursday, July 25th. The shares were bought at an average cost of $128.61 per share, for a total transaction of $643,050.00. Following the transaction, the director now directly owns 5,160 shares of the company’s stock, valued at approximately $663,627.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Oppenheimer decreased their target price on shares of United Parcel Service from $157.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday. UBS Group decreased their target price on shares of United Parcel Service from $175.00 to $159.00 and set a “buy” rating for the company in a research note on Wednesday. Robert W. Baird decreased their target price on shares of United Parcel Service from $170.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft decreased their target price on shares of United Parcel Service from $183.00 to $179.00 and set a “buy” rating for the company in a research note on Thursday, March 28th. Finally, Stifel Nicolaus decreased their target price on shares of United Parcel Service from $170.00 to $151.00 and set a “buy” rating for the company in a research note on Wednesday. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $154.95.

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.