United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Addison Advisors LLC

Addison Advisors LLC lowered its stake in United Parcel Service, Inc. (NYSE:UPS) by 69.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 391 shares of the transportation company’s stock after selling 899 shares during the quarter. Addison Advisors LLC’s holdings in United Parcel Service were worth $49,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in UPS. IFS Advisors LLC grew its stake in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares during the period. True Wealth Design LLC grew its stake in United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 171 shares during the period. Princeton Global Asset Management LLC grew its stake in United Parcel Service by 720.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 216 shares during the period. FSA Wealth Management LLC acquired a new stake in United Parcel Service during the 3rd quarter worth $36,000. Finally, Sugar Maple Asset Management LLC acquired a new stake in United Parcel Service during the 4th quarter worth $38,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Up 1.7 %

Shares of UPS opened at $118.11 on Wednesday. The firm has a market cap of $100.89 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95. The company’s 50-day moving average price is $122.78 and its 200 day moving average price is $128.27. 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 (NYSE:UPS) last issued its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period last year, the company posted $2.47 EPS. On average, sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $1.64 per share. 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 dividend on an annualized basis and a yield of 5.55%. United Parcel Service’s dividend payout ratio is 97.04%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on UPS shares. Evercore ISI lifted their target price on shares of United Parcel Service from $141.00 to $147.00 and gave the stock an “in-line” rating in a research note on Wednesday, January 22nd. Stifel Nicolaus lowered their target price on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. Loop Capital lowered their target price on shares of United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a research note on Monday, February 3rd. StockNews.com cut shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Bank of America lowered their price target on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service has an average rating of “Moderate Buy” and a consensus price target of $140.73.

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.