United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Opinicus Capital Inc.

Opinicus Capital Inc. boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,912 shares of the transportation company’s stock after buying an additional 610 shares during the period. Opinicus Capital Inc.’s holdings in United Parcel Service were worth $998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UPS. Cigna Investments Inc. New increased its holdings in shares of 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 valued at $1,024,000 after acquiring an additional 75 shares in the last quarter. Pacific Sage Partners LLC increased its stake in United Parcel Service by 4.8% during 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 in the last quarter. Banco Santander S.A. lifted its stake in shares of United Parcel Service by 0.6% during the third quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock worth $1,717,000 after buying an additional 79 shares during the period. Gleason Group Inc. grew its holdings in shares of United Parcel Service by 1.2% during the third quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company’s stock valued at $897,000 after buying an additional 80 shares during the last quarter. Finally, Tradewinds LLC. increased its position in shares of United Parcel Service by 1.8% in 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. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

United Parcel Service Trading Down 0.2 %

Shares of United Parcel Service stock opened at $113.20 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. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $158.95. The firm has a market capitalization of $96.60 billion, a PE ratio of 16.75, a P/E/G ratio of 1.50 and a beta of 0.98. The firm’s 50-day moving average price is $126.40 and its 200 day moving average price is $129.46.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results 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 period last year, the firm earned $2.47 EPS. On average, sell-side analysts predict that United Parcel Service, Inc. will post 7.99 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th will be given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.80%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend is Tuesday, February 18th. United Parcel Service’s dividend payout ratio is 96.45%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on UPS shares. Oppenheimer boosted 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. 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 report on Tuesday, December 10th. Loop Capital decreased their price objective on shares of United Parcel Service from $120.00 to $115.00 and set a “hold” rating for the company in a research note on Monday, February 3rd. Evercore ISI increased their price objective on shares of United Parcel Service from $141.00 to $147.00 and gave the stock an “in-line” rating in a research note on Wednesday, January 22nd. Finally, Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Two 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.73.

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.