Human Investing LLC Sells 607 Shares of United Parcel Service, Inc. (NYSE:UPS)

Human Investing LLC lessened its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 22.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,039 shares of the transportation company’s stock after selling 607 shares during the period. Human Investing LLC’s holdings in United Parcel Service were worth $257,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. True Wealth Design LLC raised its holdings in United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after acquiring an additional 171 shares in the last quarter. IFS Advisors LLC raised its holdings in United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Princeton Global Asset Management LLC raised its holdings in United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after acquiring an additional 216 shares in the last quarter. PSI Advisors LLC raised its holdings in United Parcel Service by 408.2% during the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after acquiring an additional 200 shares in the last quarter. Finally, FSA Wealth Management LLC bought a new stake in United Parcel Service in the third quarter valued at approximately $36,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Up 0.6 %

Shares of NYSE:UPS opened at $116.37 on Monday. The company has a market capitalization 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, Inc. has a 1 year low of $109.40 and a 1 year high of $158.95. 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’s 50 day simple moving average is $124.53 and its 200 day simple moving average is $128.78.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating 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 in the prior year, the firm posted $2.47 EPS. On average, research analysts anticipate 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. Shareholders of record on Tuesday, February 18th will be issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date is Tuesday, February 18th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio (DPR) is currently 96.45%.

Insider Buying and Selling at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction on 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 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 legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on UPS shares. Baird R W lowered United Parcel Service from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price objective on the stock in a research note on Wednesday, January 8th. Susquehanna dropped their price objective on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. JPMorgan Chase & Co. dropped their price objective on United Parcel Service from $135.00 to $120.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Finally, The Goldman Sachs Group dropped their price objective on United Parcel Service from $166.00 to $147.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $140.73.

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.