United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC cut its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,514 shares of the transportation company’s stock after selling 3,487 shares during the period. Motley Fool Wealth Management LLC’s holdings in United Parcel Service were worth $6,388,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Private Wealth Partners LLC increased its stake in United Parcel Service by 17.9% during the fourth quarter. Private Wealth Partners LLC now owns 3,300 shares of the transportation company’s stock worth $519,000 after purchasing an additional 500 shares during the period. Addison Advisors LLC increased its stake in United Parcel Service by 171.5% during the fourth quarter. Addison Advisors LLC now owns 1,151 shares of the transportation company’s stock worth $181,000 after purchasing an additional 727 shares during the period. Gilliland Jeter Wealth Management LLC purchased a new stake in United Parcel Service during the fourth quarter worth about $684,000. Cornerstone Capital Inc. increased its stake in United Parcel Service by 24.6% during the fourth quarter. Cornerstone Capital Inc. now owns 4,152 shares of the transportation company’s stock worth $653,000 after purchasing an additional 820 shares during the period. Finally, Spinnaker Trust increased its stake in shares of United Parcel Service by 5.8% during the fourth quarter. Spinnaker Trust now owns 48,479 shares of the transportation company’s stock worth $7,622,000 after buying an additional 2,650 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on UPS shares. Barclays cut their target price on shares of United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 31st. Bank of America increased their price objective on United Parcel Service from $157.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday. BMO Capital Markets increased their price target on United Parcel Service from $165.00 to $169.00 and gave the stock a “market perform” rating in a report on Wednesday. Oppenheimer increased their price objective on United Parcel Service from $153.00 to $157.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Robert W. Baird upgraded United Parcel Service from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $165.00 to $170.00 in a research report on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $165.23.

United Parcel Service Trading Up 0.1 %

Shares of NYSE UPS traded up $0.20 during midday trading on Friday, hitting $147.59. The stock had a trading volume of 2,607,558 shares, compared to its average volume of 3,897,331. The company has a market capitalization of $125.84 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 1.69 and a beta of 1.05. United Parcel Service, Inc. has a 1-year low of $133.68 and a 1-year high of $192.98. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.11. The company has a fifty day moving average price of $149.56 and a 200 day moving average price of $150.96.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.10. The business had revenue of $21.70 billion for the quarter, compared to analyst estimates of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The company’s revenue was down 5.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.20 EPS. On average, analysts predict that United Parcel Service, Inc. will post 8.22 earnings per share for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Tuesday, February 20th were paid a $1.63 dividend. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. This represents a $6.52 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend was Friday, February 16th. United Parcel Service’s payout ratio is currently 94.49%.

Insider Activity

In related news, Director Eva C. Boratto bought 1,400 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The shares were acquired at an average cost of $142.30 per share, for a total transaction of $199,220.00. Following the acquisition, the director now owns 1,400 shares in the company, valued at approximately $199,220. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.13% of the company’s stock.

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.