SGL Investment Advisors Inc. Has $3.85 Million Stake in United Parcel Service, Inc. (NYSE:UPS)

SGL Investment Advisors Inc. grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,536 shares of the transportation company’s stock after acquiring an additional 637 shares during the period. United Parcel Service accounts for approximately 2.0% of SGL Investment Advisors Inc.’s investment portfolio, making the stock its 22nd biggest holding. SGL Investment Advisors Inc.’s holdings in United Parcel Service were worth $3,851,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. IMG Wealth Management Inc. bought a new stake in United Parcel Service in the fourth quarter worth approximately $25,000. Generali Investments Management Co LLC acquired a new stake in shares of United Parcel Service during the 4th quarter worth approximately $26,000. IFS Advisors LLC grew its position in shares of United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after buying an additional 151 shares during the period. Runnymede Capital Advisors Inc. bought a new stake in shares of United Parcel Service in the 4th quarter valued at $30,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new position in United Parcel Service during the fourth quarter worth $31,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Up 0.6%

Shares of NYSE:UPS opened at $100.26 on Friday. United Parcel Service, Inc. has a 1 year low of $90.55 and a 1 year high of $150.03. The company has a market capitalization of $85.64 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 1.55 and a beta of 1.23. The business has a fifty day moving average price of $102.66 and a two-hundred day moving average price of $117.95. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.11. The company had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.25 billion. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.43 EPS. Analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be paid a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $6.56 annualized dividend and a dividend yield of 6.54%. United Parcel Service’s payout ratio is currently 95.63%.

Analysts Set New Price Targets

UPS has been the subject of several research analyst reports. Bank of America decreased their price target on shares of United Parcel Service from $133.00 to $129.00 and set a “buy” rating for the company in a research note on Tuesday, March 25th. Deutsche Bank Aktiengesellschaft initiated coverage on United Parcel Service in a research report on Friday, March 7th. They issued a “hold” rating and a $119.00 target price for the company. Susquehanna cut their price target on United Parcel Service from $120.00 to $110.00 and set a “neutral” rating on the stock in a report on Wednesday, April 30th. HSBC cut United Parcel Service from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a research note on Thursday, May 1st. Finally, Morgan Stanley lowered their target price on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and a consensus price target of $120.87.

About United Parcel Service

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.