Edmond DE Rothschild Holding S.A. Trims Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Edmond DE Rothschild Holding S.A. decreased its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,264 shares of the transportation company’s stock after selling 3,277 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in United Parcel Service were worth $4,951,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in United Parcel Service by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 65,136,394 shares of the transportation company’s stock worth $8,213,699,000 after purchasing an additional 370,705 shares in the last quarter. State Street Corp boosted its holdings in United Parcel Service by 2.1% during the third quarter. State Street Corp now owns 29,597,425 shares of the transportation company’s stock worth $4,035,313,000 after buying an additional 613,409 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in United Parcel Service by 6.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 23,264,665 shares of the transportation company’s stock valued at $2,933,674,000 after buying an additional 1,337,058 shares during the period. Geode Capital Management LLC increased its holdings in United Parcel Service by 2.5% in the third quarter. Geode Capital Management LLC now owns 15,289,624 shares of the transportation company’s stock valued at $2,080,170,000 after buying an additional 373,202 shares in the last quarter. Finally, Amundi raised its position in shares of United Parcel Service by 14.6% in the fourth quarter. Amundi now owns 10,040,863 shares of the transportation company’s stock worth $1,272,600,000 after acquiring an additional 1,277,328 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UPS has been the topic of a number of analyst reports. Robert W. Baird cut United Parcel Service from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $160.00 to $130.00 in a research report on Friday, January 31st. Loop Capital dropped their price objective on United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a report on Monday, February 3rd. Stifel Nicolaus reduced their target price on United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. The Goldman Sachs Group dropped 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. Finally, Raymond James reduced their price objective on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $136.26.

United Parcel Service Trading Up 0.3 %

Shares of UPS stock opened at $110.00 on Tuesday. 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 $108.30 and a twelve month high of $154.29. The company’s 50-day moving average price is $118.12 and its 200-day moving average price is $126.27. The stock has a market cap of $93.96 billion, a price-to-earnings ratio of 16.27, a PEG ratio of 1.55 and a beta of 0.94.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share 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 business posted $2.47 EPS. As a group, equities analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were given a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a yield of 5.96%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s payout ratio is currently 97.04%.

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.