Hengehold Capital Management LLC Buys 200 Shares of United Parcel Service, Inc. (NYSE:UPS)

Hengehold Capital Management LLC grew its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 90,687 shares of the transportation company’s stock after purchasing an additional 200 shares during the quarter. United Parcel Service comprises 1.1% of Hengehold Capital Management LLC’s portfolio, making the stock its 22nd biggest holding. Hengehold Capital Management LLC’s holdings in United Parcel Service were worth $11,436,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. State Street Corp boosted its position in United Parcel Service by 2.1% during the 3rd quarter. State Street Corp now owns 29,597,425 shares of the transportation company’s stock valued at $4,035,313,000 after buying an additional 613,409 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of United Parcel Service by 6.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock valued at $2,989,609,000 after acquiring an additional 1,320,921 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of United Parcel Service by 2.5% during the third quarter. Geode Capital Management LLC now owns 15,289,624 shares of the transportation company’s stock worth $2,080,170,000 after purchasing an additional 373,202 shares during the period. International Assets Investment Management LLC grew its stake in shares of United Parcel Service by 15,779.6% in the third quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company’s stock worth $1,994,853,000 after purchasing an additional 14,539,321 shares during the last quarter. Finally, FMR LLC increased its holdings in United Parcel Service by 3.7% during the 3rd quarter. FMR LLC now owns 10,627,550 shares of the transportation company’s stock valued at $1,448,960,000 after purchasing an additional 380,229 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Insider Activity at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’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 sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

United Parcel Service Stock Up 0.8 %

UPS opened at $133.61 on Friday. The firm’s 50 day simple moving average is $128.95 and its two-hundred day simple moving average is $130.82. The company has a market capitalization of $114.01 billion, a PE ratio of 20.18, a PEG ratio of 1.86 and a beta of 1.00. United Parcel Service, Inc. has a 1-year low of $121.56 and a 1-year high of $161.35. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The company had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $22.10 billion. During the same period in the previous year, the business earned $1.57 earnings per share. United Parcel Service’s quarterly revenue was up 5.4% compared to the same quarter last year. As a group, equities analysts forecast that United Parcel Service, Inc. will post 7.49 EPS for the current year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.88%. United Parcel Service’s payout ratio is currently 98.49%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on UPS shares. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and cut their price objective for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. Oppenheimer boosted their price objective on shares of United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Susquehanna raised their target price on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Wolfe Research upgraded shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target on the stock in a research report on Wednesday, January 8th. Finally, Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $151.24.

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.