United Parcel Service, Inc. (NYSE:UPS) Stock Position Lifted by Financial Partners Group LLC

Financial Partners Group LLC boosted its position in United Parcel Service, Inc. (NYSE:UPS) by 18.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,428 shares of the transportation company’s stock after purchasing an additional 5,297 shares during the period. United Parcel Service makes up about 1.8% of Financial Partners Group LLC’s portfolio, making the stock its 17th largest holding. Financial Partners Group LLC’s holdings in United Parcel Service were worth $4,341,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Public Sector Pension Investment Board raised its position in shares of United Parcel Service by 76.4% during the second quarter. Public Sector Pension Investment Board now owns 28,189 shares of the transportation company’s stock worth $3,858,000 after purchasing an additional 12,208 shares during the period. Toronto Dominion Bank lifted its stake in United Parcel Service by 0.6% in the second quarter. Toronto Dominion Bank now owns 241,863 shares of the transportation company’s stock valued at $33,099,000 after acquiring an additional 1,511 shares during the last quarter. Point72 Hong Kong Ltd acquired a new stake in United Parcel Service in the 2nd quarter worth approximately $2,631,000. AXA S.A. boosted its holdings in shares of United Parcel Service by 1.1% during the 2nd quarter. AXA S.A. now owns 209,247 shares of the transportation company’s stock worth $28,635,000 after buying an additional 2,291 shares during the period. Finally, AQR Capital Management LLC grew its holdings in United Parcel Service by 102.4% in the 2nd quarter. AQR Capital Management LLC now owns 475,418 shares of the transportation company’s stock valued at $65,061,000 after buying an additional 240,554 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Insiders Place Their Bets

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction 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 sale, the insider now owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

Shares of United Parcel Service stock opened at $133.61 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a twelve month low of $121.56 and a twelve month high of $161.35. The company has a 50-day simple moving average of $128.95 and a two-hundred day simple moving average of $130.82. The stock has a market capitalization of $114.01 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share 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 analysts’ expectations of $22.10 billion. During the same quarter in the prior year, the business posted $1.57 earnings per share. United Parcel Service’s revenue was up 5.4% compared to the same quarter last year. Analysts forecast that United Parcel Service, Inc. will post 7.49 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 4.88%. United Parcel Service’s payout ratio is 98.49%.

Analyst Upgrades and Downgrades

Several research firms have commented on UPS. Oppenheimer upped their price target on United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a report on Monday, October 28th. The Goldman Sachs Group cut their target price on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their price objective for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. JPMorgan Chase & Co. upped their price target on United Parcel Service from $134.00 to $135.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Finally, UBS Group raised their price objective on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service has a consensus rating of “Moderate Buy” and a consensus price target 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.