Guidance Capital Inc. Cuts Holdings in United Parcel Service, Inc. (NYSE:UPS)

Guidance Capital Inc. reduced its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 37.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,484 shares of the transportation company’s stock after selling 4,518 shares during the quarter. Guidance Capital Inc.’s holdings in United Parcel Service were worth $996,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. IFS Advisors LLC raised its stake in United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 151 shares in the last quarter. True Wealth Design LLC lifted its holdings in United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares during the period. PSI Advisors LLC raised its stake in shares of United Parcel Service by 408.2% during the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after acquiring an additional 200 shares in the last quarter. Princeton Global Asset Management LLC boosted its holdings in United Parcel Service by 720.0% in the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after acquiring an additional 216 shares in the last quarter. Finally, FSA Wealth Management LLC purchased a new stake in shares of United Parcel Service during the third quarter valued at $36,000. Institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the sale, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently commented on UPS. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their price target for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. Citigroup lowered their price objective on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Bank of America dropped their price objective on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a report on Friday, January 31st. Oppenheimer raised their target price on shares of United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price on the stock in a research report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $140.73.

United Parcel Service Stock Up 0.4 %

UPS opened at $111.75 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The business’s 50-day moving average price is $127.78 and its 200-day moving average price is $129.93. The company has a market cap of $95.37 billion, a P/E ratio of 16.53, a P/E/G ratio of 1.63 and a beta of 0.98. United Parcel Service, Inc. has a 12 month low of $109.40 and a 12 month high of $158.95.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same quarter last year, the company posted $2.47 earnings per share. On average, equities analysts expect that United Parcel Service, Inc. will post 8.61 EPS for the current year.

United Parcel Service 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.