United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC raised its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,483 shares of the transportation company’s stock after purchasing an additional 586 shares during the period. Schechter Investment Advisors LLC’s holdings in United Parcel Service were worth $1,177,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vista Investment Management raised its position in shares of United Parcel Service by 1.4% during the 2nd quarter. Vista Investment Management now owns 4,171 shares of the transportation company’s stock worth $748,000 after buying an additional 59 shares in the last quarter. Aspire Private Capital LLC raised its position in shares of United Parcel Service by 0.3% during the 1st quarter. Aspire Private Capital LLC now owns 18,392 shares of the transportation company’s stock worth $3,568,000 after buying an additional 60 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of United Parcel Service by 0.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company’s stock worth $2,756,000 after buying an additional 64 shares in the last quarter. Kolinsky Wealth Management LLC raised its position in shares of United Parcel Service by 1.8% during the 2nd quarter. Kolinsky Wealth Management LLC now owns 3,590 shares of the transportation company’s stock worth $632,000 after buying an additional 65 shares in the last quarter. Finally, Field & Main Bank raised its position in shares of United Parcel Service by 1.7% during the 3rd quarter. Field & Main Bank now owns 3,840 shares of the transportation company’s stock worth $599,000 after buying an additional 65 shares in the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at United Parcel Service

In related news, Director Eva C. Boratto bought 1,400 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was purchased at an average cost of $142.30 per share, for a total transaction of $199,220.00. Following the purchase, the director now directly owns 1,400 shares in the company, valued at $199,220. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on UPS shares. TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b-” rating in a report on Tuesday, January 30th. Susquehanna reiterated a “neutral” rating and issued a $150.00 target price on shares of United Parcel Service in a report on Wednesday. Argus downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Oppenheimer reiterated an “outperform” rating and issued a $153.00 target price on shares of United Parcel Service in a report on Wednesday. Finally, JPMorgan Chase & Co. cut their price target on shares of United Parcel Service from $165.00 to $156.00 and set a “neutral” rating on the stock in a report on Thursday, December 21st. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, United Parcel Service currently has an average rating of “Hold” and an average target price of $166.81.

United Parcel Service Price Performance

NYSE UPS opened at $147.33 on Thursday. 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 company has a fifty day simple moving average of $150.79 and a 200 day simple moving average of $152.28. The company has a market cap of $125.62 billion, a P/E ratio of 18.91, a P/E/G ratio of 1.64 and a beta of 1.05. United Parcel Service, Inc. has a 1 year low of $133.68 and a 1 year high of $197.80.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.46 by $0.01. The firm had revenue of $24.92 billion during the quarter, compared to analysts’ expectations of $25.40 billion. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The business’s quarterly revenue was down 7.8% compared to the same quarter last year. During the same period in the prior year, the company earned $3.62 EPS. On average, sell-side analysts predict that United Parcel Service, Inc. will post 8.29 EPS for the current year.

United Parcel Service Increases Dividend

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

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.