Beacon Financial Advisory LLC Reduces Stake in United Parcel Service, Inc. (NYSE:UPS)

Beacon Financial Advisory LLC lessened its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 9.4% during the 4th quarter, Holdings Channel reports. The fund owned 13,056 shares of the transportation company’s stock after selling 1,352 shares during the quarter. Beacon Financial Advisory LLC’s holdings in United Parcel Service were worth $1,646,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of UPS. AMF Tjanstepension AB raised its position in United Parcel Service by 39.7% in the third quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock valued at $14,793,000 after purchasing an additional 30,815 shares during the period. Czech National Bank raised its holdings in United Parcel Service by 7.4% in the 3rd quarter. Czech National Bank now owns 149,220 shares of the transportation company’s stock valued at $20,345,000 after buying an additional 10,227 shares during the period. GAMMA Investing LLC lifted its position in United Parcel Service by 5.3% in the third quarter. GAMMA Investing LLC now owns 5,680 shares of the transportation company’s stock valued at $774,000 after buying an additional 286 shares during the last quarter. Callan Family Office LLC boosted its stake in United Parcel Service by 23.2% during the third quarter. Callan Family Office LLC now owns 1,854 shares of the transportation company’s stock worth $253,000 after buying an additional 349 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its position in shares of United Parcel Service by 0.7% during the third quarter. Dynamic Advisor Solutions LLC now owns 22,522 shares of the transportation company’s stock valued at $3,071,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Baird R W cut shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. The Goldman Sachs Group dropped their price objective on United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price on the stock in a research note on Wednesday, January 8th. Raymond James dropped their target price on 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. Finally, StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, United Parcel Service has a consensus rating of “Moderate Buy” and a consensus price target of $140.73.

Insider Buying and Selling at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is currently owned by corporate insiders.

United Parcel Service Stock Up 0.2 %

UPS opened at $111.95 on Thursday. The stock has a market capitalization of $95.54 billion, a P/E ratio of 16.56, a price-to-earnings-growth ratio of 1.63 and a beta of 0.98. 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, Inc. has a one year low of $109.40 and a one year high of $158.95. The business’s 50-day simple moving average is $127.32 and its 200-day simple moving average is $129.69.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS 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 previous year, the business posted $2.47 EPS. Analysts anticipate that United Parcel Service, Inc. will post 8.61 EPS for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 5.86%. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio (DPR) is 96.45%.

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.