GAM Holding AG Sells 1,939 Shares of United Parcel Service, Inc. (NYSE:UPS)

GAM Holding AG trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,574 shares of the transportation company’s stock after selling 1,939 shares during the period. GAM Holding AG’s holdings in United Parcel Service were worth $7,764,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. IFS Advisors LLC boosted its stake in shares of United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after acquiring an additional 151 shares during the period. True Wealth Design LLC lifted its holdings in 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 purchasing an additional 171 shares in the last quarter. PSI Advisors LLC boosted its stake in United Parcel Service by 408.2% in the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Princeton Global Asset Management LLC grew its holdings in United Parcel Service by 720.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after buying an additional 216 shares in the last quarter. Finally, FSA Wealth Management LLC bought a new stake in shares of United Parcel Service during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Up 0.6 %

UPS opened at $116.37 on Tuesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The stock’s 50 day moving average price is $124.53 and its 200-day moving average price is $128.77. United Parcel Service, Inc. has a one year low of $109.40 and a one year high of $158.95. The stock has a market cap of $99.31 billion, a price-to-earnings ratio of 17.21, a P/E/G ratio of 1.50 and a beta of 0.98.

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

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be issued 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 dividend on an annualized basis and a yield of 5.64%. United Parcel Service’s dividend payout ratio (DPR) is presently 96.45%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Barclays reaffirmed an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a research note on Monday, October 21st. The Goldman Sachs Group reduced their target price on United Parcel Service from $166.00 to $147.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Baird R W lowered United Parcel Service from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Finally, Loop Capital decreased their price objective on United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, United Parcel Service presently has an average rating of “Moderate Buy” and a consensus price target of $140.73.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the sale, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.13% of the stock is owned by corporate insiders.

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.