Community Bank & Trust Waco Texas Has $479,000 Stock Holdings in United Parcel Service, Inc. $UPS

Community Bank & Trust Waco Texas lifted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,741 shares of the transportation company’s stock after acquiring an additional 203 shares during the quarter. Community Bank & Trust Waco Texas’ holdings in United Parcel Service were worth $479,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Consolidated Portfolio Review Corp increased its position in shares of United Parcel Service by 7.5% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 15,182 shares of the transportation company’s stock valued at $1,532,000 after buying an additional 1,054 shares in the last quarter. Powers Advisory Group LLC raised its holdings in shares of United Parcel Service by 4.9% in the 2nd quarter. Powers Advisory Group LLC now owns 4,639 shares of the transportation company’s stock valued at $468,000 after purchasing an additional 216 shares during the period. Lockerman Financial Group Inc. bought a new position in United Parcel Service in the 2nd quarter valued at about $283,000. Trivium Point Advisory LLC bought a new position in United Parcel Service in the 2nd quarter valued at about $1,287,000. Finally, Emerald Advisors LLC increased its holdings in shares of United Parcel Service by 8.9% during the second quarter. Emerald Advisors LLC now owns 7,941 shares of the transportation company’s stock worth $802,000 after purchasing an additional 649 shares during the period. Institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

UPS has been the topic of a number of research analyst reports. Barclays cut their target price on shares of United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, July 31st. BMO Capital Markets reaffirmed a “market perform” rating and issued a $96.00 price objective (down from $125.00) on shares of United Parcel Service in a research report on Friday, September 19th. Citigroup dropped their target price on shares of United Parcel Service from $127.00 to $114.00 and set a “buy” rating on the stock in a research note on Thursday, July 31st. Galvan Research lowered their target price on shares of United Parcel Service from $126.00 to $124.00 and set a “buy” rating on the stock in a research note on Monday, June 30th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of United Parcel Service from $110.00 to $107.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $111.38.

United Parcel Service Stock Performance

Shares of NYSE UPS opened at $83.46 on Wednesday. The stock has a market cap of $70.74 billion, a PE ratio of 12.42, a price-to-earnings-growth ratio of 1.56 and a beta of 1.08. The firm has a fifty day moving average price of $87.26 and a 200-day moving average price of $96.00. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $145.01. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, July 29th. The transportation company reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.56 by ($0.01). United Parcel Service had a net margin of 6.34% and a return on equity of 39.61%. The company had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $20.90 billion. During the same period in the previous year, the business posted $1.79 earnings per share. The business’s revenue was down 2.7% on a year-over-year basis. Equities analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Monday, August 18th were given a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $6.56 dividend on an annualized basis and a yield of 7.9%. United Parcel Service’s dividend payout ratio (DPR) is 97.62%.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, Director William R. Johnson bought 5,000 shares of the business’s stock in a transaction on Thursday, July 31st. The shares were acquired at an average price of $86.50 per share, with a total value of $432,500.00. Following the transaction, the director owned 10,160 shares of the company’s stock, valued at approximately $878,840. This trade represents a 96.90% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Christiana Smith Shi acquired 500 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was purchased at an average cost of $88.17 per share, for a total transaction of $44,085.00. Following the transaction, the director owned 500 shares in the company, valued at approximately $44,085. The trade was a ? increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 17,182 shares of company stock valued at $1,477,382. Company insiders own 0.13% of the company’s stock.

About United Parcel Service

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.