Evergreen Capital Management LLC Boosts Holdings in United Parcel Service, Inc. $UPS

Evergreen Capital Management LLC boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 167.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 21,548 shares of the transportation company’s stock after buying an additional 13,500 shares during the quarter. Evergreen Capital Management LLC’s holdings in United Parcel Service were worth $2,137,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Westbourne Investments Inc. boosted its stake in United Parcel Service by 1.2% during the fourth quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company’s stock worth $781,000 after buying an additional 91 shares during the period. Webster Bank N. A. boosted its stake in United Parcel Service by 16.7% during the fourth quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock worth $69,000 after buying an additional 100 shares during the period. Peoples Financial Services CORP. boosted its stake in United Parcel Service by 2.5% during the fourth quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock worth $400,000 after buying an additional 100 shares during the period. Tema Etfs LLC boosted its stake in United Parcel Service by 0.8% during the fourth quarter. Tema Etfs LLC now owns 12,999 shares of the transportation company’s stock worth $1,289,000 after buying an additional 101 shares during the period. Finally, Chicago Capital LLC boosted its holdings in United Parcel Service by 2.0% during the 4th quarter. Chicago Capital LLC now owns 5,084 shares of the transportation company’s stock valued at $504,000 after acquiring an additional 101 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service News Summary

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: UPS expanded its Happy Returns network to over 10,000 U.S. drop?off locations — a scale advantage in reverse logistics that can drive higher-margin returns revenue and deepen retailer relationships. UPS expands its Happy Returns network to over 10K locations
• Positive Sentiment: Management is shifting focus toward higher?margin SMB customers and healthcare logistics — a strategic mix move that could offset weak e?commerce volumes from large accounts and support better long?run margins. UPS to Report Q1 Earnings: Should You Buy, Sell or Hold the Stock?
• Neutral Sentiment: UPS and peers have begun filing for tariff refunds tied to the IEEPA tariffs; refunds could help customers and reduce political/legal overhang, but timing and amount remain uncertain. UPS, FedEx and DHL file for tariff refunds
• Neutral Sentiment: Brokerage coverage remains broadly neutral: Evercore trimmed its price target from $115 to $113 and keeps an “in?line” rating, and consensus broker sentiment is a Hold — suggests limited near?term upside from analyst revisions alone.
• Negative Sentiment: Near?term earnings risk: previews flag rising oil prices, tariff impacts and shrinking Amazon volumes as key headwinds that could drive a QoQ earnings decline and weaker guidance in the April 28 report. UPS to Report Q1 Earnings: Should You Buy, Sell or Hold the Stock?
• Negative Sentiment: Analysts expect a decline in Q1 earnings and caution there may not be the setup for an earnings beat; that increases the risk of downside to the stock if guidance disappoints. Analysts Estimate UPS to Report a Decline in Earnings

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total value of $2,655,236.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Citigroup dropped their price objective on United Parcel Service from $120.00 to $118.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Wolfe Research restated a “peer perform” rating on shares of United Parcel Service in a report on Thursday, January 8th. Stifel Nicolaus boosted their price objective on United Parcel Service from $112.00 to $116.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Bank of America upgraded United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price objective for the company in a report on Friday, January 9th. Finally, TD Cowen boosted their price objective on United Parcel Service from $101.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $113.03.

United Parcel Service Stock Down 0.8%

Shares of NYSE UPS opened at $105.41 on Thursday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a market capitalization of $89.51 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 1.67 and a beta of 1.12. The stock has a 50 day moving average price of $104.69 and a 200 day moving average price of $100.87. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. The firm had revenue of $24.48 billion during the quarter, compared to analyst estimates of $23.91 billion. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.United Parcel Service’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.75 earnings per share. Sell-side analysts expect that United Parcel Service, Inc. will post 7.07 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were issued a $1.64 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.2%. United Parcel Service’s payout ratio is presently 100.00%.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.