LVW Advisors LLC Sells 949 Shares of United Parcel Service, Inc. (NYSE:UPS)

LVW Advisors LLC cut its holdings in United Parcel Service, Inc. (NYSE:UPS) by 21.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,562 shares of the transportation company’s stock after selling 949 shares during the period. LVW Advisors LLC’s holdings in United Parcel Service were worth $449,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPS. Ieq Capital LLC grew its position in United Parcel Service by 12.0% during the second quarter. Ieq Capital LLC now owns 14,352 shares of the transportation company’s stock worth $1,964,000 after buying an additional 1,532 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of United Parcel Service by 67.1% during the second quarter. AE Wealth Management LLC now owns 28,738 shares of the transportation company’s stock worth $3,933,000 after purchasing an additional 11,537 shares during the last quarter. Sei Investments Co. increased its position in United Parcel Service by 9.4% in the 2nd quarter. Sei Investments Co. now owns 306,009 shares of the transportation company’s stock valued at $41,875,000 after acquiring an additional 26,238 shares during the period. Ensign Peak Advisors Inc increased its holdings in United Parcel Service by 12.2% in the second quarter. Ensign Peak Advisors Inc now owns 169,903 shares of the transportation company’s stock valued at $23,251,000 after purchasing an additional 18,535 shares during the period. Finally, Hancock Whitney Corp raised its position in shares of United Parcel Service by 16.5% during the second quarter. Hancock Whitney Corp now owns 2,487 shares of the transportation company’s stock worth $340,000 after acquiring an additional 352 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Down 0.1 %

UPS opened at $129.77 on Tuesday. The firm has a market capitalization of $110.74 billion, a P/E ratio of 19.60, a price-to-earnings-growth ratio of 1.73 and a beta of 1.00. United Parcel Service, Inc. has a one year low of $121.56 and a one year high of $161.35. The company has a fifty day moving average price of $128.95 and a 200-day moving average price of $130.87. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.57 EPS. Equities research analysts expect that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s payout ratio is currently 98.49%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. UBS Group lifted their target price on shares of United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. BMO Capital Markets raised United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their target price for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Stifel Nicolaus lifted their price objective on shares of United Parcel Service from $151.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, Barclays restated an “underweight” rating and issued a $120.00 target price on shares of United Parcel Service in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service has an average rating of “Moderate Buy” and a consensus price target of $151.10.

Insider Activity at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is owned by insiders.

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.