United Parcel Service, Inc. (NYSE:UPS) Shares Sold by First Affirmative Financial Network

First Affirmative Financial Network reduced its position in United Parcel Service, Inc. (NYSE:UPS) by 8.1% in the 4th quarter, Holdings Channel reports. The fund owned 3,344 shares of the transportation company’s stock after selling 295 shares during the period. First Affirmative Financial Network’s holdings in United Parcel Service were worth $422,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in UPS. IFS Advisors LLC lifted its stake in shares of United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 151 shares in the last quarter. True Wealth Design LLC grew its stake in shares of United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after buying an additional 171 shares in the last quarter. PSI Advisors LLC raised its holdings in shares of United Parcel Service by 408.2% during the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after buying an additional 200 shares during the period. Princeton Global Asset Management LLC raised its holdings in shares of 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 during the period. Finally, FSA Wealth Management LLC acquired a new position in United Parcel Service during the 3rd quarter worth approximately $36,000. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on UPS. JPMorgan Chase & Co. increased their price objective on shares of United Parcel Service from $134.00 to $135.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. UBS Group raised their price target on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wolfe Research raised shares of 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 note on Wednesday, January 8th. Citigroup decreased their price objective on shares of 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. Finally, The Goldman Sachs Group dropped their target price on United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service presently has an average rating of “Moderate Buy” and a consensus target price of $151.24.

United Parcel Service Trading Down 1.2 %

NYSE:UPS opened at $133.81 on Thursday. United Parcel Service, Inc. has a 12-month low of $121.56 and a 12-month high of $158.95. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The business has a 50 day simple moving average of $129.01 and a 200 day simple moving average of $130.70. The firm has a market capitalization of $114.19 billion, a P/E ratio of 20.21, a P/E/G ratio of 1.86 and a beta of 1.00.

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, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. Equities research analysts predict that United Parcel Service, Inc. will post 7.49 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.87%. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

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.