United Parcel Service, Inc. (NYSE:UPS) Stock Holdings Raised by Childress Capital Advisors LLC

Childress Capital Advisors LLC lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 35.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,538 shares of the transportation company’s stock after purchasing an additional 935 shares during the period. Childress Capital Advisors LLC’s holdings in United Parcel Service were worth $446,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC increased its holdings in shares of United Parcel Service by 15,779.6% in the 3rd quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company’s stock valued at $1,994,853,000 after acquiring an additional 14,539,321 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in United Parcel Service by 833.4% in the third quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company’s stock worth $282,783,000 after purchasing an additional 1,851,900 shares during the period. Van ECK Associates Corp increased its stake in United Parcel Service by 1,061.1% during the third quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company’s stock valued at $232,959,000 after purchasing an additional 1,620,091 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of United Parcel Service by 6.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock worth $2,989,609,000 after buying an additional 1,320,921 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of United Parcel Service by 5,136.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,079,964 shares of the transportation company’s stock valued at $147,242,000 after buying an additional 1,059,339 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on UPS. Morgan Stanley cut their target price on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a report on Friday. Wells Fargo & Company cut their price target on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday. Stifel Nicolaus dropped their target price on United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, Susquehanna lowered their price target on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $140.73.

United Parcel Service Stock Performance

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 company has a 50-day moving average of $128.31 and a 200-day moving average of $130.16. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $158.95. The firm has a market cap of $94.95 billion, a price-to-earnings ratio of 16.46, a price-to-earnings-growth ratio of 1.63 and a beta of 0.98.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping 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 last year, the business earned $2.47 EPS. Analysts forecast that United Parcel Service, Inc. will post 8.61 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 5.86%. United Parcel Service’s dividend payout ratio is currently 96.45%.

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.