WealthShield Partners LLC Has $2.36 Million Holdings in United Parcel Service, Inc. $UPS

WealthShield Partners LLC lifted its position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 595.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 23,780 shares of the transportation company’s stock after purchasing an additional 20,359 shares during the period. WealthShield Partners LLC’s holdings in United Parcel Service were worth $2,359,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in United Parcel Service by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock valued at $6,794,160,000 after purchasing an additional 1,218,432 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of United Parcel Service by 94.8% in the second quarter. AQR Capital Management LLC now owns 2,300,081 shares of the transportation company’s stock valued at $231,388,000 after purchasing an additional 1,119,372 shares in the last quarter. Invesco Ltd. boosted its position in shares of United Parcel Service by 17.3% during the third quarter. Invesco Ltd. now owns 6,724,265 shares of the transportation company’s stock valued at $561,678,000 after buying an additional 993,461 shares during the last quarter. Victory Capital Management Inc. grew its holdings in United Parcel Service by 10.5% during the third quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock worth $667,109,000 after buying an additional 761,217 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in United Parcel Service by 155.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,071,487 shares of the transportation company’s stock worth $106,281,000 after buying an additional 652,750 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on UPS shares. BMO Capital Markets lifted their price objective on shares of United Parcel Service from $105.00 to $110.00 and gave the stock a “market perform” rating in a report on Wednesday, January 28th. BNP Paribas Exane lowered shares of United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 price target on the stock. in a research report on Tuesday, January 13th. Stifel Nicolaus upped their price objective on shares of United Parcel Service from $112.00 to $116.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Evercore decreased their price objective on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a research note on Wednesday, April 22nd. Finally, Citigroup boosted their target price on United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $112.08.

View Our Latest Stock Analysis on UPS

United Parcel Service Trading Up 1.9%

NYSE:UPS opened at $99.97 on Thursday. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The company has a current ratio of 1.21, a quick ratio of 1.22 and a debt-to-equity ratio of 1.50. The firm’s 50 day moving average is $102.78 and its 200 day moving average is $102.12. The stock has a market capitalization of $84.88 billion, a PE ratio of 16.18, a price-to-earnings-growth ratio of 1.56 and a beta of 1.06.

United Parcel Service (NYSE:UPSGet Free Report) last issued its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The firm had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same period in the previous year, the company posted $1.49 earnings per share. The business’s revenue was down 1.4% on a year-over-year basis. Sell-side analysts expect that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, May 18th will be issued a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $6.56 annualized dividend and a yield of 6.6%. United Parcel Service’s dividend payout ratio is 106.15%.

Key United Parcel Service News

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

United Parcel Service Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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