Jump Financial LLC Acquires 3,124 Shares of United Parcel Service, Inc. (NYSE:UPS)

Jump Financial LLC boosted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 77.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,174 shares of the transportation company’s stock after purchasing an additional 3,124 shares during the quarter. Jump Financial LLC’s holdings in United Parcel Service were worth $905,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in United Parcel Service by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 65,136,394 shares of the transportation company’s stock worth $8,213,699,000 after buying an additional 370,705 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of United Parcel Service by 6.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 23,264,665 shares of the transportation company’s stock worth $2,933,674,000 after purchasing an additional 1,337,058 shares during the period. Geode Capital Management LLC boosted its stake in shares of United Parcel Service by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 15,704,334 shares of the transportation company’s stock valued at $1,979,695,000 after buying an additional 414,710 shares during the period. Franklin Resources Inc. grew its position in United Parcel Service by 15.6% during the fourth quarter. Franklin Resources Inc. now owns 10,979,909 shares of the transportation company’s stock worth $1,384,567,000 after buying an additional 1,484,452 shares in the last quarter. Finally, FMR LLC increased its stake in United Parcel Service by 2.5% during the 4th quarter. FMR LLC now owns 10,895,828 shares of the transportation company’s stock worth $1,373,964,000 after acquiring an additional 268,278 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UPS has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on United Parcel Service in a report on Friday, March 7th. They set a “hold” rating and a $119.00 target price on the stock. JPMorgan Chase & Co. decreased their target price on shares of United Parcel Service from $120.00 to $115.00 and set a “neutral” rating on the stock in a report on Monday, April 7th. The Goldman Sachs Group cut their price target on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a report on Friday, January 31st. Galvan Research decreased their price objective on shares of United Parcel Service from $147.00 to $133.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Finally, Bank of America reduced their target price on United Parcel Service from $133.00 to $129.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $129.70.

United Parcel Service Trading Down 0.2 %

NYSE:UPS opened at $96.27 on Tuesday. United Parcel Service, Inc. has a 52 week low of $90.55 and a 52 week high of $153.42. The firm’s fifty day moving average is $110.04 and its 200-day moving average is $122.36. The firm has a market cap of $82.23 billion, a P/E ratio of 14.24, a P/E/G ratio of 1.55 and a beta of 1.10. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same period in the prior year, the business posted $2.47 EPS. Equities analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.81%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service’s dividend payout ratio (DPR) is presently 97.04%.

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.