United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Csenge Advisory Group

Csenge Advisory Group reduced its position in United Parcel Service, Inc. (NYSE:UPS) by 12.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,049 shares of the transportation company’s stock after selling 821 shares during the quarter. Csenge Advisory Group’s holdings in United Parcel Service were worth $763,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Hourglass Capital LLC acquired a new position in United Parcel Service in the 4th quarter valued at $3,854,000. Strategic Financial Concepts LLC acquired a new position in United Parcel Service in the 4th quarter valued at $5,358,000. Allworth Financial LP increased its stake in United Parcel Service by 2.1% in the 4th quarter. Allworth Financial LP now owns 143,765 shares of the transportation company’s stock valued at $19,056,000 after buying an additional 2,914 shares during the period. Principal Securities Inc. increased its stake in United Parcel Service by 2.9% in the 4th quarter. Principal Securities Inc. now owns 42,247 shares of the transportation company’s stock valued at $5,327,000 after buying an additional 1,172 shares during the period. Finally, Roxbury Financial LLC acquired a new position in United Parcel Service in the 4th quarter valued at $233,000. 60.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UPS has been the topic of a number of recent analyst reports. Barclays reaffirmed an “underweight” rating and set a $120.00 price target on shares of United Parcel Service in a research note on Monday, October 21st. Raymond James lowered their price target on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating on the stock in a research note on Friday, January 31st. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Stifel Nicolaus lowered their price target on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. Finally, Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $140.73.

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

NYSE:UPS opened at $116.37 on Tuesday. The firm has a market cap of $99.31 billion, a price-to-earnings ratio of 17.21, a price-to-earnings-growth ratio of 1.50 and a beta of 0.98. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The company’s 50-day moving average is $124.53 and its two-hundred day moving average is $128.77. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95.

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 quarter in the prior year, the company posted $2.47 earnings per share. Research analysts expect that United Parcel Service, Inc. will post 7.99 EPS for the current year.

United Parcel Service Increases Dividend

The business 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 dividend of $1.64 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.64%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio is currently 96.45%.

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.