Harbour Investments Inc. Has $1.58 Million Holdings in United Parcel Service, Inc. (NYSE:UPS)

Harbour Investments Inc. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,507 shares of the transportation company’s stock after buying an additional 517 shares during the quarter. Harbour Investments Inc.’s holdings in United Parcel Service were worth $1,577,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in UPS. Natixis Advisors LLC increased its holdings in United Parcel Service by 40.6% during the 3rd quarter. Natixis Advisors LLC now owns 249,530 shares of the transportation company’s stock worth $34,021,000 after purchasing an additional 71,996 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in United Parcel Service by 13.8% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 16,940 shares of the transportation company’s stock worth $2,310,000 after purchasing an additional 2,060 shares in the last quarter. Claro Advisors LLC increased its holdings in United Parcel Service by 53.8% during the 3rd quarter. Claro Advisors LLC now owns 3,909 shares of the transportation company’s stock worth $533,000 after purchasing an additional 1,367 shares in the last quarter. Clarkston Capital Partners LLC increased its holdings in United Parcel Service by 1.6% during the 3rd quarter. Clarkston Capital Partners LLC now owns 204,094 shares of the transportation company’s stock worth $27,826,000 after purchasing an additional 3,233 shares in the last quarter. Finally, Equity Investment Corp increased its holdings in United Parcel Service by 3.1% during the 3rd quarter. Equity Investment Corp now owns 521,033 shares of the transportation company’s stock worth $71,038,000 after purchasing an additional 15,641 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Up 1.2 %

Shares of UPS stock opened at $118.13 on Tuesday. The firm has a 50 day moving average price of $120.79 and a two-hundred day moving average price of $127.32. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $100.91 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94. 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 released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share 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 period in the prior year, the business earned $2.47 earnings per share. As a group, 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 declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.55%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s payout ratio is presently 97.04%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Morgan Stanley decreased their price objective on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a report on Friday, January 31st. Bank of America decreased their price objective on United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a report on Friday, January 31st. Evercore ISI raised their price objective on United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a report on Wednesday, January 22nd. Susquehanna decreased their price objective 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. Finally, The Goldman Sachs Group decreased their price objective on United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service presently has an average rating of “Moderate Buy” and an average price target of $138.09.

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.