11,600 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. bought a new position in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,600 shares of the transportation company’s stock, valued at approximately $1,463,000.

Several other hedge funds also recently modified their holdings of the business. IFS Advisors LLC boosted its holdings in 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 in 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 during the last quarter. Whipplewood Advisors LLC bought a new stake in shares of United Parcel Service during the 4th quarter worth about $34,000. FSA Wealth Management LLC bought a new stake in shares of United Parcel Service during the 3rd quarter worth about $36,000. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of United Parcel Service during the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Up 0.9 %

NYSE UPS opened at $121.59 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 market capitalization of $103.85 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 1.55 and a beta of 0.94. The stock’s 50 day moving average is $121.73 and its two-hundred day moving average is $127.77. 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 (NYSE:UPS) last announced 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 return on equity of 39.13% and a net margin of 6.35%. During the same period last year, the business posted $2.47 EPS. Equities analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were issued a dividend of $1.64 per share. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a yield of 5.40%. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s dividend payout ratio (DPR) is currently 97.04%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UPS shares. Deutsche Bank Aktiengesellschaft began coverage on United Parcel Service in a research report on Friday. They set a “hold” rating and a $119.00 target price for the company. Wolfe Research upgraded shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price on the stock in a research note on Wednesday, January 8th. UBS Group cut their target price on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Citigroup lowered their price target on United Parcel Service from $158.00 to $149.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Finally, Morgan Stanley cut their price objective on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a research report on Friday, January 31st. 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.00.

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.