SAM Advisors LLC grew its holdings in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,891 shares of the transportation company’s stock after purchasing an additional 2,032 shares during the quarter. United Parcel Service comprises about 1.0% of SAM Advisors LLC’s investment portfolio, making the stock its 18th largest position. SAM Advisors LLC’s holdings in United Parcel Service were worth $2,886,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of UPS. IFS Advisors LLC lifted its stake in shares of United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares during the period. True Wealth Design LLC lifted its stake in shares of United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 171 shares during the period. PSI Advisors LLC lifted its stake 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 valued at $34,000 after acquiring an additional 200 shares during the period. Princeton Global Asset Management LLC lifted its stake in shares of 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 valued at $34,000 after acquiring an additional 216 shares during the period. Finally, FSA Wealth Management LLC acquired a new position in shares of United Parcel Service during the third quarter valued at $36,000. Institutional investors and hedge funds own 60.26% of the company’s stock.
Insider Buying and Selling
In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.13% of the stock is owned by corporate insiders.
United Parcel Service Stock Down 0.2 %
United Parcel Service (NYSE:UPS – Get Free Report) last posted its quarterly earnings data 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 39.13% and a net margin of 6.35%. During the same quarter in the prior year, the firm earned $2.47 earnings per share. As a group, equities analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.
United Parcel Service Increases Dividend
The company 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. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.64%. United Parcel Service’s dividend payout ratio (DPR) is presently 97.04%.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Oppenheimer upped their price target on United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Loop Capital cut their target price on United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a research note on Monday, February 3rd. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Evercore ISI increased their target price on United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research note on Wednesday, January 22nd. Finally, BMO Capital Markets raised United Parcel Service from a “market perform” rating to an “outperform” rating and cut their target price for the company from $155.00 to $150.00 in a research note on Tuesday, December 10th. Two equities 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $140.73.
View Our Latest Analysis on UPS
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.
Featured Stories
- Five stocks we like better than United Parcel Service
- Are Penny Stocks a Good Fit for Your Portfolio?
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- 3 Warren Buffett Stocks to Buy Now
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- What Does Downgrade Mean in Investing?
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS – Free Report).
Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.