United Parcel Service, Inc. (NYSE:UPS) Shares Bought by PYA Waltman Capital LLC

PYA Waltman Capital LLC boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,275 shares of the transportation company’s stock after buying an additional 819 shares during the period. PYA Waltman Capital LLC’s holdings in United Parcel Service were worth $2,431,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Centricity Wealth Management LLC acquired a new stake in United Parcel Service in the fourth quarter worth about $149,000. Investors Asset Management of Georgia Inc. GA ADV boosted its stake in United Parcel Service by 2.1% during the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 7,387 shares of the transportation company’s stock valued at $932,000 after purchasing an additional 150 shares in the last quarter. RPS Advisory Solutions LLC raised its stake in shares of United Parcel Service by 7.8% in the 4th quarter. RPS Advisory Solutions LLC now owns 5,583 shares of the transportation company’s stock worth $704,000 after buying an additional 406 shares in the last quarter. Capital Investment Counsel Inc lifted its holdings in shares of United Parcel Service by 0.8% in the fourth quarter. Capital Investment Counsel Inc now owns 36,845 shares of the transportation company’s stock valued at $4,646,000 after buying an additional 301 shares during the period. Finally, Morningstar Investment Management LLC grew its holdings in United Parcel Service by 1.9% during the fourth quarter. Morningstar Investment Management LLC now owns 5,052 shares of the transportation company’s stock worth $637,000 after acquiring an additional 95 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insider Activity

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.13% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

UPS has been the subject of a number of research reports. Bank of America reduced their target price on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a report on Friday, January 31st. Morgan Stanley reduced their price target on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a research report on Friday, January 31st. The Goldman Sachs Group cut their target price on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. Wells Fargo & Company decreased their price objective on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating for the company in a research report on Friday, January 31st. Finally, Raymond James cut their target price on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.73.

United Parcel Service Trading Up 1.3 %

Shares of NYSE UPS opened at $116.55 on Friday. United Parcel Service, Inc. has a fifty-two week low of $109.40 and a fifty-two week high of $158.95. The firm has a market capitalization of $99.46 billion, a P/E ratio of 17.24, a P/E/G ratio of 1.52 and a beta of 0.98. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The company’s 50 day simple moving average is $123.46 and its 200 day simple moving average is $128.40.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 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 previous year, the firm earned $2.47 earnings per share. On average, analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be issued a $1.64 dividend. The ex-dividend date is Tuesday, February 18th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a yield of 5.63%. United Parcel Service’s dividend payout ratio (DPR) is 97.04%.

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.