United Parcel Service, Inc. (NYSE:UPS) Stock Position Lifted by Accredited Investors Inc.

Accredited Investors Inc. boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 784,924 shares of the transportation company’s stock after acquiring an additional 175 shares during the period. United Parcel Service accounts for 6.1% of Accredited Investors Inc.’s holdings, making the stock its 4th biggest position. Accredited Investors Inc. owned 0.09% of United Parcel Service worth $107,017,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of UPS. Vaughan Nelson Investment Management L.P. grew its position in United Parcel Service by 13.8% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 16,940 shares of the transportation company’s stock worth $2,310,000 after purchasing an additional 2,060 shares during the last quarter. RIA Advisory Group LLC acquired a new stake in shares of United Parcel Service during the third quarter worth $285,000. Natixis Advisors LLC grew its holdings in shares of United Parcel Service by 40.6% during the third quarter. Natixis Advisors LLC now owns 249,530 shares of the transportation company’s stock valued at $34,021,000 after buying an additional 71,996 shares during the last quarter. Mizuho Markets Americas LLC increased its position in shares of United Parcel Service by 1,074.8% in the 3rd quarter. Mizuho Markets Americas LLC now owns 31,249 shares of the transportation company’s stock valued at $4,260,000 after acquiring an additional 28,589 shares during the period. Finally, Seelaus Asset Management LLC purchased a new position in United Parcel Service in the 3rd quarter worth $531,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Up 1.1 %

UPS stock opened at $134.07 on Friday. United Parcel Service, Inc. has a 52 week low of $123.12 and a 52 week high of $163.82. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. The firm has a 50-day simple moving average of $132.50 and a 200-day simple moving average of $134.67. The stock has a market capitalization of $114.84 billion, a P/E ratio of 20.25, a P/E/G ratio of 2.20 and a beta of 0.99.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The business’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.57 earnings per share. Equities analysts forecast that United Parcel Service, Inc. will post 7.48 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be paid a dividend of $1.63 per share. The ex-dividend date is Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 4.86%. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Stifel Nicolaus increased their price target on shares of United Parcel Service from $151.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Robert W. Baird decreased their price objective on shares of United Parcel Service from $170.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, July 24th. Oppenheimer upped their price objective on shares of United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Stephens reduced their target price on shares of United Parcel Service from $168.00 to $140.00 and set an “equal weight” rating for the company in a report on Wednesday, July 24th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.52.

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.