United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Schulhoff & Co. Inc.

Schulhoff & Co. Inc. reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,936 shares of the transportation company’s stock after selling 1,421 shares during the quarter. United Parcel Service accounts for approximately 1.2% of Schulhoff & Co. Inc.’s holdings, making the stock its 23rd largest holding. Schulhoff & Co. Inc.’s holdings in United Parcel Service were worth $2,766,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UPS. IFS Advisors LLC boosted its stake in United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares during the last quarter. True Wealth Design LLC raised its stake in shares of United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 171 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in shares of 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 purchasing an additional 216 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in United Parcel Service in the fourth quarter worth about $34,000. Finally, FSA Wealth Management LLC bought a new stake in United Parcel Service in the third quarter valued at about $36,000. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Up 0.6 %

Shares of NYSE UPS opened at $117.61 on Friday. 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 firm has a market cap of $100.46 billion, a PE ratio of 17.40, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98. The company has a 50 day simple moving average of $122.54 and a 200 day simple moving average of $128.11.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping 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 last year, the firm earned $2.47 EPS. On average, research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently declared 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 boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 5.58%. United Parcel Service’s dividend payout ratio is presently 97.04%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Susquehanna lowered their price target on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Wells Fargo & Company dropped their target price on shares of United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. Wolfe Research raised shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target for the company in a report on Wednesday, January 8th. Morgan Stanley dropped their price objective on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research note on Friday, January 31st. Finally, BMO Capital Markets raised United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their target price for the company from $155.00 to $150.00 in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, United Parcel Service has a consensus rating of “Moderate Buy” and an average price target of $140.73.

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.