Marshall Financial Group LLC Purchases 200 Shares of United Parcel Service, Inc. (NYSE:UPS)

Marshall Financial Group LLC raised its position in United Parcel Service, Inc. (NYSE:UPS) by 11.4% during the third quarter, Holdings Channel reports. The fund owned 1,955 shares of the transportation company’s stock after acquiring an additional 200 shares during the period. Marshall Financial Group LLC’s holdings in United Parcel Service were worth $267,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Teamwork Financial Advisors LLC bought a new position in United Parcel Service in the third quarter valued at about $855,000. Bleakley Financial Group LLC lifted its holdings in United Parcel Service by 132.4% in the third quarter. Bleakley Financial Group LLC now owns 62,578 shares of the transportation company’s stock valued at $8,532,000 after acquiring an additional 35,651 shares during the period. Mitchell & Pahl Private Wealth LLC lifted its holdings in United Parcel Service by 3.8% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 15,492 shares of the transportation company’s stock valued at $2,112,000 after acquiring an additional 563 shares during the period. Good Life Advisors LLC lifted its holdings in United Parcel Service by 8.2% in the third quarter. Good Life Advisors LLC now owns 25,550 shares of the transportation company’s stock valued at $3,483,000 after acquiring an additional 1,939 shares during the period. Finally, nVerses Capital LLC lifted its holdings in United Parcel Service by 160.7% in the third quarter. nVerses Capital LLC now owns 7,300 shares of the transportation company’s stock valued at $995,000 after acquiring an additional 4,500 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, Director William R. Johnson acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The stock was bought at an average price of $128.61 per share, for a total transaction of $643,050.00. Following the acquisition, the director now directly owns 5,160 shares in the company, valued at $663,627.60. The trade was a 3,100.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

Shares of United Parcel Service stock opened at $135.94 on Friday. The stock has a market cap of $116.44 billion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 1.98 and a beta of 0.99. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a 50 day moving average price of $130.21 and a 200-day moving average price of $136.66. United Parcel Service, Inc. has a one year low of $123.12 and a one year high of $163.82.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, July 23rd. The transportation company reported $1.79 EPS for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.20). The company had revenue of $21.82 billion during the quarter, compared to analysts’ expectations of $22.17 billion. United Parcel Service had a return on equity of 35.27% and a net margin of 5.87%. United Parcel Service’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.54 EPS. Equities analysts expect that United Parcel Service, Inc. will post 7.43 EPS for the current year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Monday, August 19th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date was Monday, August 19th. United Parcel Service’s dividend payout ratio (DPR) is 106.36%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on UPS shares. Susquehanna decreased their price objective on United Parcel Service from $160.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 24th. The Goldman Sachs Group decreased their price objective on United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, October 9th. Baird R W raised United Parcel Service to a “strong-buy” rating in a research note on Wednesday, July 24th. Evercore ISI decreased their price objective on United Parcel Service from $157.00 to $145.00 and set an “in-line” rating on the stock in a research note on Monday, June 24th. Finally, Oppenheimer decreased their price objective on United Parcel Service from $157.00 to $140.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 24th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $151.24.

About United Parcel Service

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.