Tokio Marine Asset Management Co. Ltd. Has $2.46 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Tokio Marine Asset Management Co. Ltd. lifted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,507 shares of the transportation company’s stock after purchasing an additional 298 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in United Parcel Service were worth $2,460,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Symphony Financial Ltd. Co. boosted its stake in shares of United Parcel Service by 39.6% during the 4th quarter. Symphony Financial Ltd. Co. now owns 6,308 shares of the transportation company’s stock worth $837,000 after acquiring an additional 1,790 shares during the period. Independence Bank of Kentucky boosted its holdings in shares of United Parcel Service by 3.9% during the 4th quarter. Independence Bank of Kentucky now owns 21,047 shares of the transportation company’s stock worth $2,654,000 after buying an additional 788 shares during the period. Waldron Private Wealth LLC grew its stake in United Parcel Service by 74.0% in the 4th quarter. Waldron Private Wealth LLC now owns 5,649 shares of the transportation company’s stock valued at $712,000 after buying an additional 2,403 shares during the last quarter. Clear Creek Financial Management LLC grew its position in shares of United Parcel Service by 153.3% in the fourth quarter. Clear Creek Financial Management LLC now owns 7,720 shares of the transportation company’s stock valued at $974,000 after purchasing an additional 4,672 shares during the last quarter. Finally, N.E.W. Advisory Services LLC increased its stake in shares of United Parcel Service by 9.5% during the fourth quarter. N.E.W. Advisory Services LLC now owns 4,339 shares of the transportation company’s stock worth $547,000 after purchasing an additional 376 shares during the period. Institutional investors own 60.26% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on UPS shares. Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price objective on the stock in a research report on Wednesday, January 8th. 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. JPMorgan Chase & Co. lowered their target price on United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a research report on Friday. Oppenheimer upped their target price on United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Citigroup dropped their price target on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a research report on Friday. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, United Parcel Service currently has an average rating of “Moderate Buy” and a consensus target price of $141.95.

Insider Activity at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction dated 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 directly owns 45,098 shares in the company, valued at $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.13% of the stock is owned by company insiders.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $114.19 on Monday. United Parcel Service, Inc. has a fifty-two week low of $109.62 and a fifty-two week high of $158.95. The company’s 50-day moving average is $128.31 and its 200 day moving average is $130.28. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $97.45 billion, a P/E ratio of 17.25, a price-to-earnings-growth ratio of 1.88 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. During the same period in the prior year, the company earned $2.47 earnings per share. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.5 earnings per share for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 5.71%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is presently 96.45%.

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.