Dorsey & Whitney Trust CO LLC trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 13.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,924 shares of the transportation company’s stock after selling 3,462 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in United Parcel Service were worth $2,314,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of UPS. Andra AP fonden raised its stake in shares of United Parcel Service by 95.9% in the 2nd quarter. Andra AP fonden now owns 332,983 shares of the transportation company’s stock valued at $33,611,000 after purchasing an additional 163,000 shares in the last quarter. Equity Investment Corp grew its stake in United Parcel Service by 16.8% in the second quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock worth $114,118,000 after purchasing an additional 162,364 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in United Parcel Service by 5.5% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 647,271 shares of the transportation company’s stock valued at $65,336,000 after buying an additional 34,029 shares during the last quarter. Founders Capital Management LLC raised its stake in United Parcel Service by 8.3% during the second quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company’s stock valued at $11,245,000 after buying an additional 8,579 shares in the last quarter. Finally, AE Wealth Management LLC lifted its holdings in United Parcel Service by 10.9% during the 2nd quarter. AE Wealth Management LLC now owns 49,712 shares of the transportation company’s stock worth $5,018,000 after buying an additional 4,885 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts have recently commented on the company. Evercore ISI decreased their target price on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating for the company in a research report on Wednesday, July 30th. Susquehanna lifted their price objective on shares of United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Stephens upgraded shares of United Parcel Service to a “hold” rating in a research note on Wednesday, October 29th. Bank of America dropped their target price on shares of United Parcel Service from $83.00 to $81.00 and set an “underperform” rating on the stock in a report on Friday, September 26th. Finally, Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $110.00.
Insiders Place Their Bets
In other United Parcel Service news, Director Christiana Smith Shi purchased 500 shares of United Parcel Service stock in a transaction on Friday, August 22nd. The stock was bought at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the transaction, the director owned 500 shares of the company’s stock, valued at $44,085. The trade was a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.13% of the stock is owned by insiders.
United Parcel Service Trading Down 1.9%
Shares of NYSE:UPS opened at $94.20 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. The company’s 50-day moving average price is $88.11 and its 200 day moving average price is $92.86. The company has a market cap of $79.84 billion, a PE ratio of 14.56, a P/E/G ratio of 2.29 and a beta of 1.11. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $138.67.
United Parcel Service (NYSE:UPS – Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.31 by $0.43. The company had revenue of $21.42 billion for the quarter, compared to analyst estimates of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. United Parcel Service’s revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.
United Parcel Service Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be given a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 7.0%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is currently 101.39%.
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.
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