United Parcel Service, Inc. (NYSE:UPS) Stock Holdings Trimmed by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC lessened its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,487 shares of the transportation company’s stock after selling 181 shares during the period. Crescent Grove Advisors LLC’s holdings in United Parcel Service were worth $944,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in UPS. Jamison Private Wealth Management Inc. lifted its stake in United Parcel Service by 2.1% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 180,494 shares of the transportation company’s stock worth $22,760,000 after purchasing an additional 3,721 shares during the last quarter. AlphaMark Advisors LLC lifted its position in shares of United Parcel Service by 6.2% in the 4th quarter. AlphaMark Advisors LLC now owns 2,848 shares of the transportation company’s stock worth $359,000 after buying an additional 167 shares during the last quarter. Jacksonville Wealth Management LLC bought a new position in shares of United Parcel Service in the 4th quarter worth about $365,000. Advocate Group LLC grew its position in shares of United Parcel Service by 9.1% during the 4th quarter. Advocate Group LLC now owns 74,600 shares of the transportation company’s stock valued at $9,407,000 after buying an additional 6,216 shares during the last quarter. Finally, Monte Financial Group LLC acquired a new stake in United Parcel Service during the fourth quarter worth about $3,632,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction dated 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 sale, the insider now 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

Shares of United Parcel Service stock opened at $132.98 on Friday. United Parcel Service, Inc. has a 52 week low of $121.56 and a 52 week high of $161.35. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20. The company’s 50-day moving average price is $128.95 and its two-hundred day moving average price is $130.82. The stock has a market cap of $113.48 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.63 by $0.13. The business had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.57 earnings per share. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.90%. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Analyst Ratings Changes

A number of equities analysts have commented on UPS shares. Evercore ISI lifted 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. Citigroup reduced their price objective on United Parcel Service from $163.00 to $158.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Bank of America upgraded United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Thursday, January 16th. Stifel Nicolaus lowered their price target 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. Finally, BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and cut their price objective for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, United Parcel Service has a consensus rating of “Moderate Buy” and a consensus target price of $151.24.

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.