United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by Intellectus Partners LLC

Intellectus Partners LLC lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 9.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,807 shares of the transportation company’s stock after purchasing an additional 495 shares during the quarter. Intellectus Partners LLC’s holdings in United Parcel Service were worth $913,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Tennessee Valley Asset Management Partners purchased a new stake in United Parcel Service in the fourth quarter valued at $26,000. OFI Invest Asset Management purchased a new stake in shares of United Parcel Service in the third quarter worth about $25,000. Life Planning Partners Inc acquired a new stake in United Parcel Service during the fourth quarter worth about $28,000. Bourgeon Capital Management LLC purchased a new position in United Parcel Service during the fourth quarter valued at approximately $31,000. Finally, VisionPoint Advisory Group LLC lifted its holdings in United Parcel Service by 69.5% in the third quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 98 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other United Parcel Service news, Director Eva C. Boratto purchased 1,400 shares of the firm’s stock in a transaction dated Friday, February 2nd. The shares were acquired at an average price of $142.30 per share, with a total value of $199,220.00. Following the purchase, the director now directly owns 1,400 shares in the company, valued at approximately $199,220. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.13% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Susquehanna lifted their target price on shares of United Parcel Service from $150.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. Evercore ISI reiterated an “in-line” rating and issued a $154.00 price objective on shares of United Parcel Service in a research report on Wednesday, March 27th. BMO Capital Markets lifted their price target on United Parcel Service from $165.00 to $169.00 and gave the company a “market perform” rating in a research note on Wednesday, April 24th. HSBC upgraded United Parcel Service from a “hold” rating to a “buy” rating and increased their price target for the stock from $150.00 to $170.00 in a research report on Thursday. Finally, Bank of America lifted their price target on shares of United Parcel Service from $157.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Hold” and a consensus price target of $165.23.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $147.59 on Monday. The business’s 50 day moving average price is $149.56 and its 200 day moving average price is $150.90. The company has a market cap of $125.84 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 1.69 and a beta of 1.05. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.04 and a current ratio of 1.10. United Parcel Service, Inc. has a one year low of $133.68 and a one year high of $192.98.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.33 by $0.10. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The business had revenue of $21.70 billion for the quarter, compared to analyst estimates of $21.84 billion. During the same quarter in the previous year, the firm earned $2.20 EPS. The company’s quarterly revenue was down 5.3% compared to the same quarter last year. On average, research analysts predict that United Parcel Service, Inc. will post 8.23 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were issued a $1.63 dividend. The ex-dividend date was Friday, February 16th. This is a boost 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 4.42%. United Parcel Service’s dividend payout ratio is currently 94.49%.

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.