1,265 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp acquired a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 1,265 shares of the transportation company’s stock, valued at approximately $160,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. IMG Wealth Management Inc. bought a new stake in United Parcel Service in the 4th quarter valued at $25,000. Generali Investments Management Co LLC purchased a new position in shares of United Parcel Service during the fourth quarter valued at about $26,000. IFS Advisors LLC increased its holdings in shares of United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after purchasing an additional 151 shares during the last quarter. True Wealth Design LLC lifted its position 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 worth $29,000 after buying an additional 171 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new position in United Parcel Service during the fourth quarter valued at approximately $30,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

UPS stock opened at $110.94 on Thursday. United Parcel Service, Inc. has a 1-year low of $109.40 and a 1-year high of $154.29. The business has a 50-day moving average price of $119.30 and a 200 day moving average price of $126.68. The company has a market capitalization of $94.76 billion, a P/E ratio of 16.41, a PEG ratio of 1.55 and a beta of 0.94. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating the consensus estimate 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 earnings per share. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were paid a dividend of $1.64 per share. This is a boost 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 5.91%. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s dividend payout ratio is 97.04%.

Analyst Ratings Changes

Several analysts have recently issued reports on UPS shares. Susquehanna decreased their price objective on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. The Goldman Sachs Group decreased their price target on shares of 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. UBS Group dropped their price objective on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Bank of America decreased their target price on shares of United Parcel Service from $133.00 to $129.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Baird R W lowered United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $137.91.

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.