Measured Risk Portfolios Inc. grew its position in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 16.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,800 shares of the transportation company’s stock after buying an additional 3,162 shares during the period. United Parcel Service comprises 2.2% of Measured Risk Portfolios Inc.’s portfolio, making the stock its 17th largest position. Measured Risk Portfolios Inc.’s holdings in United Parcel Service were worth $2,301,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of UPS. Brighton Jones LLC lifted its holdings in United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock worth $1,529,000 after buying an additional 4,723 shares during the last quarter. Breakwater Capital Group lifted its holdings in United Parcel Service by 12.4% during the 1st quarter. Breakwater Capital Group now owns 2,676 shares of the transportation company’s stock worth $294,000 after buying an additional 296 shares during the last quarter. Vest Financial LLC lifted its holdings in United Parcel Service by 73.5% during the 1st quarter. Vest Financial LLC now owns 8,436 shares of the transportation company’s stock worth $928,000 after buying an additional 3,574 shares during the last quarter. Generali Investments Management Co LLC lifted its holdings in United Parcel Service by 209.3% during the 1st quarter. Generali Investments Management Co LLC now owns 634 shares of the transportation company’s stock worth $70,000 after buying an additional 429 shares during the last quarter. Finally, Intellectus Partners LLC lifted its holdings in United Parcel Service by 6.2% during the 1st quarter. Intellectus Partners LLC now owns 8,528 shares of the transportation company’s stock worth $938,000 after buying an additional 496 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.
United Parcel Service Stock Up 1.4%
UPS opened at $86.79 on Friday. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $145.01. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market cap of $73.56 billion, a P/E ratio of 12.92, a P/E/G ratio of 1.60 and a beta of 1.10. The stock’s 50 day moving average price is $86.20 and its 200 day moving average price is $95.32.
United Parcel Service Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 7.6%. The ex-dividend date was Monday, August 18th. United Parcel Service’s dividend payout ratio (DPR) is currently 97.62%.
Analysts Set New Price Targets
A number of research analysts have commented on UPS shares. Stifel Nicolaus reduced their target price on United Parcel Service from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, July 30th. Wells Fargo & Company dropped their price target on United Parcel Service from $98.00 to $91.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 30th. Wolfe Research dropped their price target on United Parcel Service from $113.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 1st. Susquehanna dropped their price target on United Parcel Service from $110.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 30th. Finally, BNP Paribas upgraded United Parcel Service to a “hold” rating in a research report on Thursday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and a consensus target price of $110.16.
Read Our Latest Analysis on United Parcel Service
Insider Activity at United Parcel Service
In other news, Director Christiana Smith Shi purchased 500 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was purchased at an average cost of $88.17 per share, with a total value of $44,085.00. Following the purchase, the director owned 500 shares in the company, valued at $44,085. This trade represents a ? increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Carol B. Tome purchased 11,682 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were purchased at an average cost of $85.67 per share, with a total value of $1,000,796.94. Following the completion of the purchase, the chief executive officer owned 24,718 shares in the company, valued at $2,117,591.06. This represents a 89.61% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 17,182 shares of company stock worth $1,477,382 in the last three months. 0.13% of the stock is owned by company insiders.
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.
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