Founders Financial Alliance LLC Sells 121 Shares of United Parcel Service, Inc. (NYSE:UPS)

Founders Financial Alliance LLC lessened its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,129 shares of the transportation company’s stock after selling 121 shares during the period. Founders Financial Alliance LLC’s holdings in United Parcel Service were worth $647,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in UPS. IFS Advisors LLC grew its position in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after purchasing an additional 151 shares during the period. True Wealth Design LLC grew its position 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 worth $29,000 after purchasing an additional 171 shares during the period. Whipplewood Advisors LLC bought a new stake in United Parcel Service in the 4th quarter worth approximately $34,000. FSA Wealth Management LLC bought a new stake in United Parcel Service in the 3rd quarter worth approximately $36,000. Finally, Sugar Maple Asset Management LLC bought a new stake in United Parcel Service in the 4th quarter worth approximately $38,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Down 0.8 %

UPS opened at $120.67 on Tuesday. The firm has a 50-day simple moving average of $121.64 and a two-hundred day simple moving average of $127.72. United Parcel Service, Inc. has a 52 week low of $109.40 and a 52 week high of $158.95. The company has a market capitalization of $103.07 billion, a PE ratio of 17.85, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 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 quarter in the prior year, the firm posted $2.47 earnings per share. Analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 5.44%. The ex-dividend date was Tuesday, February 18th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio is 97.04%.

Analyst Upgrades and Downgrades

UPS has been the subject of a number of research analyst reports. Stifel Nicolaus cut their target price on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Evercore ISI boosted their price objective on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday, January 22nd. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. cut their price objective on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $138.00.

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.