Cambridge Trust Co. Increases Holdings in United Parcel Service, Inc. (NYSE:UPS)

Cambridge Trust Co. boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 12.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,401 shares of the transportation company’s stock after purchasing an additional 273 shares during the quarter. Cambridge Trust Co.’s holdings in United Parcel Service were worth $378,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Investors Asset Management of Georgia Inc. GA ADV grew its stake in United Parcel Service by 15.6% during the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 5,192 shares of the transportation company’s stock valued at $817,000 after acquiring an additional 700 shares in the last quarter. CapWealth Advisors LLC grew its stake in United Parcel Service by 1.2% during the fourth quarter. CapWealth Advisors LLC now owns 58,184 shares of the transportation company’s stock valued at $9,148,000 after acquiring an additional 686 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in United Parcel Service by 2.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 73,851 shares of the transportation company’s stock valued at $11,611,000 after acquiring an additional 1,865 shares in the last quarter. Oakworth Capital Inc. grew its stake in United Parcel Service by 10.5% during the fourth quarter. Oakworth Capital Inc. now owns 4,236 shares of the transportation company’s stock valued at $666,000 after acquiring an additional 404 shares in the last quarter. Finally, Telos Capital Management Inc. grew its stake in United Parcel Service by 17.5% during the fourth quarter. Telos Capital Management Inc. now owns 87,337 shares of the transportation company’s stock valued at $13,732,000 after acquiring an additional 13,000 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Activity at United Parcel Service

In other United Parcel Service 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, with a total value of $199,220.00. Following the completion of the acquisition, the director now owns 1,400 shares in the company, valued at approximately $199,220. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on UPS. JPMorgan Chase & Co. reduced their price objective on shares of United Parcel Service from $154.00 to $150.00 and set a “neutral” rating for the company in a research note on Tuesday, April 9th. TD Cowen dropped their target price on shares of United Parcel Service from $147.00 to $140.00 and set a “hold” rating for the company in a research report on Thursday, March 28th. UBS Group upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $160.00 to $175.00 in a report on Tuesday, February 6th. Susquehanna reiterated a “neutral” rating and set a $150.00 price target on shares of United Parcel Service in a report on Wednesday, March 27th. Finally, Morgan Stanley upped their price target on shares of United Parcel Service from $95.00 to $100.00 and gave the company an “underweight” rating in a report on Wednesday, March 27th. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and an average target price of $165.61.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $142.35 on Friday. The firm’s 50 day moving average price is $149.55 and its 200-day moving average price is $151.28. United Parcel Service, Inc. has a twelve month low of $133.68 and a twelve month high of $197.80. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $121.37 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 1.65 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last released 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 company had revenue of $24.92 billion during 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%. The firm’s quarterly revenue was down 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.62 EPS. Equities research analysts expect that United Parcel Service, Inc. will post 8.2 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Tuesday, February 20th were issued a dividend of $1.63 per share. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. This represents a $6.52 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date was Friday, February 16th. United Parcel Service’s dividend payout ratio (DPR) is 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.