DeDora Capital Inc. Has $795,000 Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

DeDora Capital Inc. lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,302 shares of the transportation company’s stock after buying an additional 249 shares during the quarter. DeDora Capital Inc.’s holdings in United Parcel Service were worth $795,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of UPS. AMF Tjanstepension AB raised its stake in United Parcel Service by 39.7% in the 3rd quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock worth $14,793,000 after purchasing an additional 30,815 shares in the last quarter. Creative Planning raised its stake in United Parcel Service by 3.5% in the 3rd quarter. Creative Planning now owns 245,539 shares of the transportation company’s stock worth $33,412,000 after purchasing an additional 8,320 shares in the last quarter. Cornerstone Wealth Management LLC raised its stake in United Parcel Service by 5.5% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 9,164 shares of the transportation company’s stock worth $1,249,000 after purchasing an additional 474 shares in the last quarter. Bleakley Financial Group LLC raised its stake in United Parcel Service by 132.4% in the 3rd quarter. Bleakley Financial Group LLC now owns 62,578 shares of the transportation company’s stock worth $8,532,000 after purchasing an additional 35,651 shares in the last quarter. Finally, Teamwork Financial Advisors LLC acquired a new stake in United Parcel Service in the 3rd quarter worth about $855,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Trading Up 0.6 %

NYSE:UPS opened at $116.37 on Friday. The firm’s fifty day moving average is $124.72 and its 200-day moving average is $128.86. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. United Parcel Service, Inc. has a 52 week low of $109.40 and a 52 week high of $158.95. The firm has a market cap of $99.31 billion, a P/E ratio of 17.21, a P/E/G ratio of 1.50 and a beta of 0.98.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates 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 last year, the company posted $2.47 EPS. Equities analysts expect that United Parcel Service, Inc. will post 7.99 earnings per share for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th will be paid a $1.64 dividend. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend is Tuesday, February 18th. United Parcel Service’s dividend payout ratio is currently 96.45%.

Insider Activity at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction on 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 transaction, the insider now owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

UPS has been the subject of several analyst reports. StockNews.com upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their target price for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. Barclays restated an “underweight” rating and issued a $120.00 target price on shares of United Parcel Service in a research report on Monday, October 21st. Evercore ISI lifted their price target on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a report on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, United Parcel Service currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.73.

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.