U S Global Investors Inc. Sells 108 Shares of United Parcel Service, Inc. (NYSE:UPS)

U S Global Investors Inc. decreased its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,391 shares of the transportation company’s stock after selling 108 shares during the quarter. U S Global Investors Inc.’s holdings in United Parcel Service were worth $175,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Cigna Investments Inc. New lifted its stake in United Parcel Service by 1.0% during the third quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company’s stock worth $1,024,000 after purchasing an additional 75 shares in the last quarter. Pacific Sage Partners LLC raised its holdings in shares of United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company’s stock valued at $212,000 after buying an additional 77 shares during the period. Banco Santander S.A. lifted its stake in United Parcel Service by 0.6% during the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock worth $1,717,000 after acquiring an additional 79 shares in the last quarter. Quent Capital LLC boosted its holdings in United Parcel Service by 16.7% during the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 80 shares during the period. Finally, Tradewinds LLC. boosted its holdings in United Parcel Service by 1.8% during the 3rd quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company’s stock valued at $612,000 after acquiring an additional 81 shares during the period. Institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and cut their price target for the stock from $155.00 to $150.00 in a research note on Tuesday, December 10th. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. Loop Capital cut their price objective on United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a research report on Monday, February 3rd. Stifel Nicolaus decreased their target price on United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Finally, Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target on the stock in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, United Parcel Service has an average rating of “Moderate Buy” and a consensus target price of $140.73.

United Parcel Service Stock Performance

Shares of UPS stock opened at $117.61 on Friday. 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 stock has a 50 day simple moving average of $122.54 and a 200-day simple moving average of $128.11. The company has a market cap of $100.46 billion, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 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 quarter last year, the company posted $2.47 EPS. On average, equities analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be issued a $1.64 dividend. The ex-dividend date is Tuesday, February 18th. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a yield of 5.58%. United Parcel Service’s dividend payout ratio (DPR) is 97.04%.

About United Parcel Service

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.