Mather Group LLC. Has $3.36 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Mather Group LLC. increased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.4% in the fourth quarter, HoldingsChannel reports. The firm owned 26,620 shares of the transportation company’s stock after purchasing an additional 1,823 shares during the period. Mather Group LLC.’s holdings in United Parcel Service were worth $3,357,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brown Lisle Cummings Inc. increased its holdings in shares of United Parcel Service by 8.0% during the fourth quarter. Brown Lisle Cummings Inc. now owns 4,835 shares of the transportation company’s stock worth $610,000 after buying an additional 357 shares in the last quarter. Rockline Wealth Management LLC grew its position in United Parcel Service by 7.5% during the 4th quarter. Rockline Wealth Management LLC now owns 21,130 shares of the transportation company’s stock worth $2,664,000 after acquiring an additional 1,481 shares during the last quarter. Flavin Financial Services Inc. acquired a new stake in United Parcel Service during the 4th quarter valued at $1,485,000. Trust Point Inc. raised its position in United Parcel Service by 26.3% in the 4th quarter. Trust Point Inc. now owns 5,132 shares of the transportation company’s stock valued at $647,000 after purchasing an additional 1,070 shares during the last quarter. Finally, Childress Capital Advisors LLC boosted its stake in United Parcel Service by 35.9% in the fourth quarter. Childress Capital Advisors LLC now owns 3,538 shares of the transportation company’s stock worth $446,000 after purchasing an additional 935 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UPS. UBS Group cut their price target on United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a report on Friday. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and decreased their price target for the company from $155.00 to $150.00 in a report on Tuesday, December 10th. Susquehanna cut their target price on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday. Wells Fargo & Company lowered their price target on shares of United Parcel Service from $150.00 to $128.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Citigroup cut their price objective on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $140.73.

United Parcel Service Trading Down 2.6 %

UPS opened at $111.26 on Tuesday. The firm’s fifty day simple moving average is $128.31 and its 200 day simple moving average is $130.16. The stock has a market capitalization of $94.95 billion, a P/E ratio of 16.46, a P/E/G ratio of 1.63 and a beta of 0.98. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. United Parcel Service, Inc. has a 12 month low of $109.40 and a 12 month high of $158.95.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter in the prior year, the firm earned $2.47 earnings per share. As a group, research analysts anticipate that United Parcel Service, Inc. will post 8.61 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.86%. United Parcel Service’s payout ratio is currently 96.45%.

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.