Investors Research Corp reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,314 shares of the transportation company’s stock after selling 200 shares during the quarter. United Parcel Service comprises 0.6% of Investors Research Corp’s portfolio, making the stock its 23rd biggest position. Investors Research Corp’s holdings in United Parcel Service were worth $1,583,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. JJJ Advisors Inc. grew its position in shares of United Parcel Service by 243.8% in the 4th quarter. JJJ Advisors Inc. now owns 165 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 117 shares during the period. Inspire Advisors LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at approximately $29,000. Oder Investment Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at approximately $29,000. Duncker Streett & Co. Inc. grew its position in shares of United Parcel Service by 76.2% in the 1st quarter. Duncker Streett & Co. Inc. now owns 185 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 80 shares during the period. Finally, West Financial Advisors LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 55.68% of the company’s stock.

UPS has been the subject of a number of recent research reports. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upped their price target on United Parcel Service from $190.00 to $200.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 21st. Credit Suisse Group upped their price target on United Parcel Service from $215.00 to $261.00 and gave the stock an “outperform” rating in a research report on Tuesday. Craig Hallum upped their price target on United Parcel Service from $12.00 to $25.00 in a research report on Monday, February 8th. Oppenheimer upped their price target on United Parcel Service from $186.00 to $210.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Zacks Investment Research raised United Parcel Service from a “hold” rating to a “strong-buy” rating and set a $234.00 price target for the company in a research report on Friday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $192.21.

NYSE UPS traded up $1.04 on Tuesday, reaching $213.24. The stock had a trading volume of 136,640 shares, compared to its average volume of 3,783,137. The company has a market cap of $184.89 billion, a P/E ratio of 40.34, a price-to-earnings-growth ratio of 2.47 and a beta of 0.98. United Parcel Service, Inc. has a 1-year low of $88.85 and a 1-year high of $213.38. The company has a debt-to-equity ratio of 4.16, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a fifty day moving average of $174.74 and a two-hundred day moving average of $167.34.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, April 27th. The transportation company reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $1.05. The company had revenue of $22.91 billion for the quarter, compared to analyst estimates of $20.62 billion. United Parcel Service had a return on equity of 161.20% and a net margin of 5.71%. United Parcel Service’s quarterly revenue was up 27.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.15 EPS. Research analysts predict that United Parcel Service, Inc. will post 7.68 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 10th. Stockholders of record on Monday, February 22nd were issued a dividend of $1.02 per share. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.01. This represents a $4.08 annualized dividend and a dividend yield of 1.91%. The ex-dividend date was Friday, February 19th. United Parcel Service’s dividend payout ratio is 54.18%.

In related news, insider Laura J. Lane sold 2,375 shares of the firm’s stock in a transaction dated Friday, February 26th. The stock was sold at an average price of $157.93, for a total value of $375,083.75. Also, insider Norman M. Brothers, Jr. sold 13,337 shares of the firm’s stock in a transaction dated Monday, February 22nd. The shares were sold at an average price of $159.64, for a total value of $2,129,118.68. The disclosure for this sale can be found here. Corporate insiders own 0.57% of the company’s stock.

About United Parcel Service

United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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