Flavin Financial Services Inc. Purchases New Position in United Parcel Service, Inc. (NYSE:UPS)

Flavin Financial Services Inc. purchased a new stake in United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,774 shares of the transportation company’s stock, valued at approximately $1,485,000.

Several other institutional investors have also bought and sold shares of the stock. Cigna Investments Inc. New boosted its stake in United Parcel Service by 1.0% in the third quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company’s stock worth $1,024,000 after purchasing an additional 75 shares in the last quarter. Pacific Sage Partners LLC boosted its stake in United Parcel Service by 4.8% in the fourth quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company’s stock worth $212,000 after purchasing an additional 77 shares in the last quarter. Banco Santander S.A. boosted its stake in United Parcel Service by 0.6% in the third quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock worth $1,717,000 after purchasing an additional 79 shares in the last quarter. Gleason Group Inc. boosted its stake in United Parcel Service by 1.2% in the third quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company’s stock worth $897,000 after purchasing an additional 80 shares in the last quarter. Finally, Tradewinds LLC. boosted its stake in United Parcel Service by 1.8% in the third quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company’s stock worth $612,000 after purchasing an additional 81 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.13% of the stock is owned by insiders.

United Parcel Service Stock Down 2.6 %

NYSE:UPS opened at $111.26 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The stock has a market cap of $94.95 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 1.63 and a beta of 0.98. The stock has a 50-day moving average price of $128.31 and a two-hundred day moving average price of $130.16. United Parcel Service, Inc. has a 1 year low of $109.40 and a 1 year high of $158.95.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter in the previous year, the company earned $2.47 earnings per share. As a group, equities analysts expect that United Parcel Service, Inc. will post 8.61 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 5.86%. United Parcel Service’s dividend payout ratio is currently 96.45%.

Analysts Set New Price Targets

A number of equities analysts have commented on UPS shares. Raymond James reduced their price objective on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating on the stock in a research note on Friday. Baird R W downgraded United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday. Loop Capital dropped their target price on United Parcel Service from $120.00 to $115.00 and set a “hold” rating for the company in a research report on Monday. Argus upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. Finally, Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price for the company in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $140.73.

United Parcel Service 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.