S.A. Mason LLC Has $631,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

S.A. Mason LLC trimmed its position in United Parcel Service, Inc. (NYSE:UPSFree Report) by 2.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,011 shares of the transportation company’s stock after selling 100 shares during the period. S.A. Mason LLC’s holdings in United Parcel Service were worth $631,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. VisionPoint Advisory Group LLC acquired a new position in shares of United Parcel Service in the 2nd quarter valued at $25,000. OFI Invest Asset Management acquired a new stake in United Parcel Service during the 3rd quarter worth $25,000. IMA Wealth Inc. increased its holdings in shares of United Parcel Service by 100.0% in the second quarter. IMA Wealth Inc. now owns 142 shares of the transportation company’s stock worth $25,000 after acquiring an additional 71 shares in the last quarter. Pacific Center for Financial Services acquired a new position in shares of United Parcel Service in the 1st quarter valued at approximately $25,000. Finally, Worth Asset Management LLC acquired a new position in shares of United Parcel Service in the first quarter valued at approximately $27,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. BMO Capital Markets increased their price objective on United Parcel Service from $160.00 to $165.00 and gave the stock a “market perform” rating in a report on Wednesday. UBS Group upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and increased their price target for the company from $160.00 to $175.00 in a research note on Tuesday, February 6th. Barclays cut their target price on shares of United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 31st. Argus lowered United Parcel Service from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Finally, TheStreet upgraded United Parcel Service from a “c” rating to a “b-” rating in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $166.81.

View Our Latest Research Report on UPS

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, Director Eva C. Boratto acquired 1,400 shares of United Parcel Service stock in a transaction that occurred on Friday, February 2nd. The shares were bought at an average price of $142.30 per share, with a total value of $199,220.00. Following the completion of the purchase, the director now directly owns 1,400 shares in the company, valued at approximately $199,220. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Trading Up 2.5 %

Shares of United Parcel Service stock opened at $147.33 on Thursday. United Parcel Service, Inc. has a 1 year low of $133.68 and a 1 year high of $197.80. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $125.62 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 1.64 and a beta of 1.05. The firm’s 50 day moving average is $150.79 and its 200 day moving average is $152.28.

United Parcel Service (NYSE:UPSGet Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The transportation company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.01. The business had revenue of $24.92 billion for the quarter, compared to analyst estimates of $25.40 billion. United Parcel Service had a return on equity of 39.46% and a net margin of 7.37%. United Parcel Service’s quarterly revenue was down 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.62 EPS. Equities research analysts forecast that United Parcel Service, Inc. will post 8.29 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Friday, February 16th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.62. This represents a $6.52 annualized dividend and a yield of 4.43%. United Parcel Service’s dividend payout ratio (DPR) is currently 83.70%.

United Parcel Service Profile

(Free Report)

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.

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

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