United Parcel Service, Inc. $UPS Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 5.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,392 shares of the transportation company’s stock after buying an additional 9,036 shares during the period. Nisa Investment Advisors LLC’s holdings in United Parcel Service were worth $16,997,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in UPS. Brighton Jones LLC increased its position in United Parcel Service by 63.8% in the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock worth $1,529,000 after buying an additional 4,723 shares during the period. Robeco Institutional Asset Management B.V. increased its position in United Parcel Service by 62.6% in the first quarter. Robeco Institutional Asset Management B.V. now owns 105,599 shares of the transportation company’s stock worth $11,615,000 after buying an additional 40,649 shares during the period. Creative Financial Designs Inc. ADV increased its position in United Parcel Service by 12.0% in the first quarter. Creative Financial Designs Inc. ADV now owns 2,085 shares of the transportation company’s stock worth $229,000 after buying an additional 224 shares during the period. Transcend Capital Advisors LLC increased its position in United Parcel Service by 15.5% in the first quarter. Transcend Capital Advisors LLC now owns 4,832 shares of the transportation company’s stock worth $531,000 after buying an additional 648 shares during the period. Finally, Achmea Investment Management B.V. increased its position in United Parcel Service by 29.0% in the first quarter. Achmea Investment Management B.V. now owns 43,419 shares of the transportation company’s stock worth $4,776,000 after buying an additional 9,765 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UPS. Morgan Stanley dropped their target price on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 30th. JPMorgan Chase & Co. decreased their price target on United Parcel Service from $96.00 to $85.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Wolfe Research decreased their price target on United Parcel Service from $113.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, July 1st. BMO Capital Markets reissued a “market perform” rating and issued a $96.00 price target (down previously from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. Finally, Barclays decreased their price target on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating for the company in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $109.31.

United Parcel Service Trading Up 0.2%

Shares of UPS stock opened at $87.21 on Monday. The stock has a 50-day simple moving average of $85.52 and a 200 day simple moving average of $93.13. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $140.33. The stock has a market capitalization of $73.91 billion, a P/E ratio of 12.98, a P/E/G ratio of 1.62 and a beta of 1.10. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.51.

United Parcel Service (NYSE:UPS) last announced 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 firm had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.90 billion. During the same period in the prior year, the business earned $1.79 EPS. The company’s quarterly revenue was down 2.7% compared to the same quarter last year. On average, sell-side analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were given a $1.64 dividend. The ex-dividend date was Monday, August 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 7.5%. United Parcel Service’s dividend payout ratio (DPR) is 97.62%.

Insider Activity at United Parcel Service

In related news, Director William R. Johnson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was acquired at an average price of $86.50 per share, for a total transaction of $432,500.00. Following the transaction, the director directly owned 10,160 shares of the company’s stock, valued at $878,840. This trade represents a 96.90% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Carol B. Tome purchased 11,682 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average price of $85.67 per share, with a total value of $1,000,796.94. Following the transaction, the chief executive officer directly owned 24,718 shares in the company, valued at $2,117,591.06. This trade represents a 89.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 17,182 shares of company stock worth $1,477,382 in the last quarter. 0.13% of the stock is owned by company insiders.

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.