Plancorp LLC Has $301,000 Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Plancorp LLC boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 21.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,387 shares of the transportation company’s stock after buying an additional 419 shares during the period. Plancorp LLC’s holdings in United Parcel Service were worth $301,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of UPS. Banco Santander S.A. raised its holdings in shares of United Parcel Service by 0.6% in the third quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock valued at $1,717,000 after purchasing an additional 79 shares during the last quarter. Eagle Asset Management Inc. raised its holdings in shares of United Parcel Service by 0.5% in the third quarter. Eagle Asset Management Inc. now owns 130,482 shares of the transportation company’s stock valued at $17,281,000 after purchasing an additional 701 shares during the last quarter. Meridian Wealth Management LLC purchased a new stake in shares of United Parcel Service in the third quarter valued at about $1,316,000. Kingsview Wealth Management LLC raised its holdings in shares of United Parcel Service by 97.8% in the third quarter. Kingsview Wealth Management LLC now owns 39,981 shares of the transportation company’s stock valued at $5,451,000 after purchasing an additional 19,772 shares during the last quarter. Finally, Swedbank AB raised its holdings in shares of United Parcel Service by 2.8% in the third quarter. Swedbank AB now owns 280,509 shares of the transportation company’s stock valued at $38,245,000 after purchasing an additional 7,675 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. 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. Raymond James reduced their price target 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. Evercore ISI increased their price target 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. Susquehanna reduced their price target on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. reduced their price target 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 research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service has a consensus rating of “Moderate Buy” and a consensus target price of $138.09.

United Parcel Service Price Performance

UPS stock opened at $115.25 on Friday. The firm has a 50 day moving average of $120.13 and a 200-day moving average of $127.01. 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 $157.99. The firm has a market capitalization of $98.44 billion, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 in the prior year, the company earned $2.47 EPS. As a group, sell-side analysts predict 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 announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were paid a $1.64 dividend. This is an increase 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 5.69%. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service’s dividend payout ratio (DPR) is currently 97.04%.

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.