Game Plan Financial Advisors LLC Boosts Stake in United Parcel Service, Inc. $UPS

Game Plan Financial Advisors LLC boosted its stake in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 313,654.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,513 shares of the transportation company’s stock after buying an additional 34,502 shares during the period. United Parcel Service accounts for 1.4% of Game Plan Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Game Plan Financial Advisors LLC’s holdings in United Parcel Service were worth $3,423,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Salzhauer Michael acquired a new stake in United Parcel Service during the third quarter worth about $31,000. Physician Wealth Advisors Inc. boosted its holdings in United Parcel Service by 76.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 163 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in United Parcel Service in the 2nd quarter valued at about $34,000. Avion Wealth grew its stake in shares of United Parcel Service by 284.1% in the 3rd quarter. Avion Wealth now owns 434 shares of the transportation company’s stock valued at $36,000 after buying an additional 321 shares during the period. Finally, Winch Advisory Services LLC increased its holdings in shares of United Parcel Service by 37.3% during the 3rd quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock worth $38,000 after buying an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Down 2.8%

UPS stock opened at $94.78 on Friday. The stock has a market cap of $80.47 billion, a P/E ratio of 14.45, a PEG ratio of 1.49 and a beta of 1.08. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.45. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The company’s 50 day moving average is $108.17 and its two-hundred day moving average is $98.74.

United Parcel Service (NYSE:UPSGet Free Report) last posted its earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.18. The business had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The business’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.75 EPS. Research analysts expect 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 declared a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend was Tuesday, February 17th. United Parcel Service’s dividend payout ratio is currently 100.00%.

United Parcel Service News Summary

Here are the key news stories impacting United Parcel Service this week:

Analyst Ratings Changes

A number of equities research analysts have commented on the company. TD Cowen lifted their target price on United Parcel Service from $101.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. BMO Capital Markets increased their price target on United Parcel Service from $105.00 to $110.00 and gave the stock a “market perform” rating in a report on Wednesday, January 28th. Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. Wolfe Research restated a “peer perform” rating on shares of United Parcel Service in a report on Thursday, January 8th. Finally, Oppenheimer upped their target price on shares of United Parcel Service from $107.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $113.67.

Read Our Latest Research Report on United Parcel Service

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total value of $2,655,236.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

About United Parcel Service

(Free Report)

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

Read More

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.