TD Private Client Wealth LLC Sells 3,643 Shares of United Parcel Service, Inc. (NYSE:UPS)

TD Private Client Wealth LLC trimmed its holdings in United Parcel Service, Inc. (NYSE:UPS) by 21.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,169 shares of the transportation company’s stock after selling 3,643 shares during the period. TD Private Client Wealth LLC’s holdings in United Parcel Service were worth $1,661,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. 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 bought a new stake in shares of United Parcel Service during the 4th quarter worth $26,000. IFS Advisors LLC boosted its holdings 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. True Wealth Design LLC boosted its holdings in shares of United Parcel Service by 397.7% during the 3rd 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. Finally, Whipplewood Advisors LLC bought a new stake in shares of United Parcel Service during the 4th quarter worth $34,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Trading Down 1.5 %

Shares of United Parcel Service stock opened at $115.25 on Friday. The stock has a market capitalization of $98.44 billion, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The company has a 50-day simple moving average of $120.13 and a 200 day simple moving average of $127.01. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $157.99.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping 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 in the previous year, the company posted $2.47 earnings per share. Research analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 5.69%. The ex-dividend date was Tuesday, February 18th. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio (DPR) is presently 97.04%.

Analysts Set New Price Targets

UPS has been the subject of several recent analyst reports. Citigroup decreased 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 report on Friday, January 31st. JPMorgan Chase & Co. decreased their price objective on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Raymond James decreased their price objective on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a report on Friday, January 31st. Robert W. Baird downgraded shares of United Parcel Service from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $160.00 to $130.00 in a report on Friday, January 31st. Finally, Morgan Stanley reduced their price target on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $138.09.

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.