Investors Asset Management of Georgia Inc. GA ADV Acquires 700 Shares of United Parcel Service, Inc. (NYSE:UPS)

Investors Asset Management of Georgia Inc. GA ADV raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 15.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,192 shares of the transportation company’s stock after purchasing an additional 700 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in United Parcel Service were worth $817,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of UPS. International Assets Investment Management LLC lifted its stake in United Parcel Service by 15,631.2% in the 4th quarter. International Assets Investment Management LLC now owns 14,502,261 shares of the transportation company’s stock valued at $2,280,190,000 after purchasing an additional 14,410,073 shares during the last quarter. Norges Bank bought a new position in United Parcel Service in the 4th quarter valued at approximately $1,255,623,000. Moneta Group Investment Advisors LLC lifted its stake in United Parcel Service by 105,818.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,215,560 shares of the transportation company’s stock valued at $732,833,000 after purchasing an additional 4,211,580 shares during the last quarter. Wellington Management Group LLP lifted its stake in United Parcel Service by 31.7% in the 3rd quarter. Wellington Management Group LLP now owns 9,677,202 shares of the transportation company’s stock valued at $1,508,385,000 after purchasing an additional 2,331,875 shares during the last quarter. Finally, Morgan Stanley lifted its stake in United Parcel Service by 33.7% in the 4th quarter. Morgan Stanley now owns 7,730,090 shares of the transportation company’s stock valued at $1,343,799,000 after purchasing an additional 1,949,775 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling

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 shares were acquired at an average cost of $142.30 per share, with a total value of $199,220.00. Following the completion of the purchase, the director now directly owns 1,400 shares in the company, valued at $199,220. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently commented on UPS. TD Cowen dropped their price objective on shares of United Parcel Service from $147.00 to $140.00 and set a “hold” rating for the company in a research note on Thursday, March 28th. BMO Capital Markets upped their price target on shares of United Parcel Service from $160.00 to $165.00 and gave the company a “market perform” rating in a research report on Wednesday, March 27th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of United Parcel Service from $183.00 to $179.00 and set a “buy” rating for the company in a research report on Thursday, March 28th. Redburn Atlantic upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research report on Wednesday, April 3rd. Finally, UBS Group upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and upped their price target for the company from $160.00 to $175.00 in a research report on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $165.61.

United Parcel Service Stock Down 0.1 %

NYSE UPS traded down $0.21 on Thursday, hitting $142.04. 1,544,072 shares of the company were exchanged, compared to its average volume of 4,282,657. The company has a market cap of $121.11 billion, a PE ratio of 18.29, a PEG ratio of 1.66 and a beta of 1.05. United Parcel Service, Inc. has a 12 month low of $133.68 and a 12 month high of $197.80. The stock has a fifty day moving average of $149.65 and a 200-day moving average of $151.34. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.09.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, January 30th. The transportation company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.46 by $0.01. The business had revenue of $24.92 billion for the quarter, compared to analyst estimates of $25.40 billion. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. United Parcel Service’s revenue was down 7.8% on a year-over-year basis. During the same period in the prior year, the firm earned $3.62 earnings per share. As a group, analysts forecast that United Parcel Service, Inc. will post 8.2 earnings per share 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. The ex-dividend date was Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. This represents a $6.52 annualized dividend and a yield of 4.59%. United Parcel Service’s dividend payout ratio is currently 83.70%.

United Parcel Service Company 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.