Riverview Capital Advisers LLC Sells 208 Shares of United Parcel Service, Inc. (NYSE:UPS)

Riverview Capital Advisers LLC trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 38,878 shares of the transportation company’s stock after selling 208 shares during the period. United Parcel Service accounts for 1.5% of Riverview Capital Advisers LLC’s investment portfolio, making the stock its 21st largest holding. Riverview Capital Advisers LLC’s holdings in United Parcel Service were worth $4,903,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of United Parcel Service by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 65,136,394 shares of the transportation company’s stock valued at $8,213,699,000 after purchasing an additional 370,705 shares during the period. Charles Schwab Investment Management Inc. increased its position in United Parcel Service by 6.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 23,264,665 shares of the transportation company’s stock worth $2,933,674,000 after buying an additional 1,337,058 shares during the last quarter. Geode Capital Management LLC raised its stake in United Parcel Service by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 15,704,334 shares of the transportation company’s stock valued at $1,979,695,000 after buying an additional 414,710 shares during the period. Franklin Resources Inc. lifted its position in shares of United Parcel Service by 15.6% in the fourth quarter. Franklin Resources Inc. now owns 10,979,909 shares of the transportation company’s stock valued at $1,384,567,000 after buying an additional 1,484,452 shares during the last quarter. Finally, FMR LLC boosted its stake in shares of United Parcel Service by 2.5% during the 4th quarter. FMR LLC now owns 10,895,828 shares of the transportation company’s stock worth $1,373,964,000 after acquiring an additional 268,278 shares during the period. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Down 0.3%

Shares of NYSE UPS opened at $99.54 on Thursday. The stock has a market capitalization of $85.02 billion, a P/E ratio of 14.72, a PEG ratio of 1.55 and a beta of 1.23. The stock’s fifty day moving average is $103.07 and its 200 day moving average is $118.19. United Parcel Service, Inc. has a 52 week low of $90.55 and a 52 week high of $150.03. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.11. The firm had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.25 billion. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the company posted $1.43 earnings per share. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, May 19th will be paid a $1.64 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a yield of 6.59%. United Parcel Service’s dividend payout ratio (DPR) is 95.63%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UPS. JPMorgan Chase & Co. dropped their price target on United Parcel Service from $120.00 to $115.00 and set a “neutral” rating on the stock in a research note on Monday, April 7th. Wells Fargo & Company reissued an “equal weight” rating and issued a $98.00 price objective (down from $120.00) on shares of United Parcel Service in a research report on Tuesday, April 22nd. Barclays reduced their target price on shares of United Parcel Service from $100.00 to $90.00 and set an “underweight” rating for the company in a report on Monday, March 31st. The Goldman Sachs Group lowered their price target on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Finally, Galvan Research reduced their price objective on United Parcel Service from $147.00 to $133.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $120.87.

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.