United Parcel Service, Inc. (NYSE:UPS) Stock Position Lessened by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. trimmed its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,230 shares of the transportation company’s stock after selling 300 shares during the period. Houlihan Financial Resource Group Ltd.’s holdings in United Parcel Service were worth $1,164,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Pacific Sage Partners LLC raised its stake 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 purchasing an additional 77 shares during the period. Quent Capital LLC grew its holdings in shares of United Parcel Service by 16.7% during the fourth quarter. Quent Capital LLC now owns 558 shares of the transportation company’s stock worth $70,000 after buying an additional 80 shares in the last quarter. Gleason Group Inc. raised its position in United Parcel Service by 1.3% in the 4th quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company’s stock valued at $840,000 after buying an additional 84 shares during the last quarter. Dunhill Financial LLC raised its position in United Parcel Service by 4.9% in the 3rd quarter. Dunhill Financial LLC now owns 1,831 shares of the transportation company’s stock valued at $250,000 after buying an additional 86 shares during the last quarter. Finally, Weaver Consulting Group lifted its stake in United Parcel Service by 3.0% in the 3rd quarter. Weaver Consulting Group now owns 3,053 shares of the transportation company’s stock valued at $416,000 after acquiring an additional 89 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on UPS shares. Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Stifel Nicolaus decreased their target price on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Wells Fargo & Company cut their price target on shares of United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. Loop Capital decreased their price objective on United Parcel Service from $120.00 to $115.00 and set a “hold” rating for the company in a report on Monday, February 3rd. Finally, Morgan Stanley lowered their target price on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $138.09.

United Parcel Service Stock Performance

UPS opened at $115.88 on Tuesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The business has a fifty day simple moving average of $119.95 and a 200 day simple moving average of $126.92. United Parcel Service, Inc. has a 1 year low of $109.40 and a 1 year high of $157.99. The company has a market capitalization of $98.98 billion, a PE ratio of 17.14, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results 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 net margin of 6.35% and a return on equity of 39.13%. During the same period in the prior year, the firm earned $2.47 EPS. Research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were paid a $1.64 dividend. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a dividend yield of 5.66%. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service’s payout ratio is 97.04%.

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.