Mn Services Vermogensbeheer B.V. Has $28.28 Million Position in United Parcel Service, Inc. $UPS

Mn Services Vermogensbeheer B.V. boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 285,066 shares of the transportation company’s stock after acquiring an additional 7,667 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in United Parcel Service were worth $28,276,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in United Parcel Service by 0.6% during the third quarter. Vanguard Group Inc. now owns 67,277,988 shares of the transportation company’s stock valued at $5,619,730,000 after purchasing an additional 372,850 shares in the last quarter. State Street Corp raised its holdings in shares of United Parcel Service by 0.9% in the 3rd quarter. State Street Corp now owns 31,063,250 shares of the transportation company’s stock worth $2,594,713,000 after buying an additional 288,720 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of United Parcel Service by 10.5% in the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock worth $667,109,000 after buying an additional 761,217 shares in the last quarter. Invesco Ltd. lifted its position in shares of United Parcel Service by 17.3% during the 3rd quarter. Invesco Ltd. now owns 6,724,265 shares of the transportation company’s stock worth $561,678,000 after buying an additional 993,461 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of United Parcel Service by 10.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,072,282 shares of the transportation company’s stock worth $423,746,000 after buying an additional 486,384 shares during the period. Institutional investors own 60.26% of the company’s stock.

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 dated Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total transaction of $2,655,236.10. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.19% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of analyst reports. Oppenheimer upped their price target on United Parcel Service from $107.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Wolfe Research reissued a “peer perform” rating on shares of United Parcel Service in a report on Thursday, January 8th. BNP Paribas Exane lowered shares of United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 target price on the stock. in a report on Tuesday, January 13th. Evercore increased their target price on shares of United Parcel Service from $94.00 to $113.00 and gave the stock an “in-line” rating in a research report on Wednesday, January 21st. Finally, Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and a consensus target price of $113.67.

United Parcel Service Trading Up 0.0%

UPS stock opened at $94.85 on Tuesday. The business has a fifty day moving average price of $107.93 and a 200 day moving average price of $98.91. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.22 and a quick ratio of 1.22. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The stock has a market capitalization of $80.53 billion, a price-to-earnings ratio of 14.46, a P/E/G ratio of 1.49 and a beta of 1.08.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.18. The company had revenue of $24.48 billion for the quarter, compared to analyst estimates 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 revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.75 earnings per share. Analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were given a dividend of $1.64 per share. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 annualized dividend and a yield of 6.9%. United Parcel Service’s dividend payout ratio is 100.00%.

United Parcel Service Profile

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.