Mcdonald Partners LLC Grows Position in United Parcel Service, Inc. (NYSE:UPS)

Mcdonald Partners LLC boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,412 shares of the transportation company’s stock after buying an additional 669 shares during the period. Mcdonald Partners LLC’s holdings in United Parcel Service were worth $3,078,000 at the end of the most recent quarter.

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

United Parcel Service Trading Up 0.6 %

Shares of United Parcel Service stock opened at $116.37 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 company has a fifty day simple moving average of $124.29 and a 200-day simple moving average of $128.67. The stock has a market cap of $99.31 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.50 and a beta of 0.98. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate 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 prior year, the firm earned $2.47 earnings per share. On average, equities analysts forecast that United Parcel Service, Inc. will post 7.99 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be given a dividend of $1.64 per share. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $6.56 annualized dividend and a yield of 5.64%. United Parcel Service’s payout ratio is 96.45%.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction on 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 transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. 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. Bank of America reduced their price target on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Susquehanna cut their target price on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Robert W. Baird lowered shares of United Parcel Service from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $160.00 to $130.00 in a report on Friday, January 31st. Finally, Citigroup dropped their price target on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Two research 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 company’s stock. Based on data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

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.