United Parcel Service, Inc. $UPS Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 71.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,148 shares of the transportation company’s stock after purchasing an additional 7,960 shares during the quarter. Vise Technologies Inc.’s holdings in United Parcel Service were worth $1,899,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Shrier Wealth Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at about $1,099,000. Victory Capital Management Inc. lifted its holdings in shares of United Parcel Service by 10.5% in the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock valued at $667,109,000 after buying an additional 761,217 shares during the period. Jaffetilchin Investment Partners LLC lifted its holdings in shares of United Parcel Service by 192.7% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 19,734 shares of the transportation company’s stock valued at $1,957,000 after buying an additional 12,993 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of United Parcel Service by 1.5% in the 4th quarter. Bank of New York Mellon Corp now owns 4,541,742 shares of the transportation company’s stock valued at $450,495,000 after buying an additional 65,652 shares during the period. Finally, Integrity Advisory Solutions LLC acquired a new position in shares of United Parcel Service in the 3rd quarter valued at about $6,868,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Price Performance

NYSE:UPS opened at $108.65 on Monday. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The stock has a 50 day moving average of $102.18 and a two-hundred day moving average of $103.63. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.50. The firm has a market cap of $92.35 billion, a P/E ratio of 17.58, a price-to-earnings-growth ratio of 1.73 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The company had revenue of $21.20 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period in the previous year, the business earned $1.49 EPS. United Parcel Service’s quarterly revenue was down 1.4% on a year-over-year basis. On average, analysts expect that United Parcel Service, Inc. will post 7.1 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.0%. The ex-dividend date was Monday, May 18th. United Parcel Service’s payout ratio is 106.15%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on UPS shares. Citigroup boosted their price objective on United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Evercore decreased their price objective on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a report on Wednesday, April 22nd. Susquehanna boosted their price objective on United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Weiss Ratings lowered United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. Finally, UBS Group cut their price target on United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $111.50.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.