Lantz Financial LLC Buys 5,424 Shares of United Parcel Service, Inc. (NYSE:UPS)

Lantz Financial LLC increased its position in United Parcel Service, Inc. (NYSE:UPS) by 47.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,805 shares of the transportation company’s stock after purchasing an additional 5,424 shares during the period. Lantz Financial LLC’s holdings in United Parcel Service were worth $2,119,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. True Wealth Design LLC raised its holdings in United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares during the last quarter. IFS Advisors LLC increased its position in shares of United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares in the last quarter. Princeton Global Asset Management LLC increased its position in shares of United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 216 shares in the last quarter. PSI Advisors LLC raised its holdings in United Parcel Service by 408.2% in the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after acquiring an additional 200 shares during the last quarter. Finally, FSA Wealth Management LLC bought a new position in United Parcel Service in the 3rd quarter valued at approximately $36,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

NYSE UPS opened at $132.98 on Friday. The company has a market cap of $113.48 billion, a P/E ratio of 20.09, a P/E/G ratio of 1.86 and a beta of 1.00. The business’s 50 day moving average price is $128.95 and its 200-day moving average price is $130.82. United Parcel Service, Inc. has a fifty-two week low of $121.56 and a fifty-two week high of $161.35. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.13. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. During the same quarter last year, the firm earned $1.57 earnings per share. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. Sell-side analysts predict that United Parcel Service, Inc. will post 7.49 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio is currently 98.49%.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the sale, the insider now directly owns 45,098 shares of the company’s stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on UPS shares. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from $155.00 to $150.00 in a research note on Tuesday, December 10th. Wells Fargo & Company decreased their target price on United Parcel Service from $155.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Bank of America raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a report on Thursday, January 16th. Barclays reissued an “underweight” rating and set a $120.00 price objective on shares of United Parcel Service in a report on Monday, October 21st. Finally, Wolfe Research upgraded shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price on the stock in a report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, United Parcel Service currently has an average rating of “Moderate Buy” and a consensus target price of $151.24.

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.