PYA Waltman Capital LLC Has $2.25 Million Stake in United Parcel Service, Inc. (NYSE:UPS)

PYA Waltman Capital LLC boosted its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 14,288 shares of the transportation company’s stock after buying an additional 989 shares during the period. United Parcel Service accounts for approximately 0.9% of PYA Waltman Capital LLC’s holdings, making the stock its 26th largest position. PYA Waltman Capital LLC’s holdings in United Parcel Service were worth $2,246,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Harbor Capital Advisors Inc. boosted its stake in United Parcel Service by 0.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company’s stock valued at $2,756,000 after buying an additional 64 shares in the last quarter. First Financial Corp IN boosted its stake in United Parcel Service by 24.2% in the 4th quarter. First Financial Corp IN now owns 334 shares of the transportation company’s stock valued at $53,000 after buying an additional 65 shares in the last quarter. Gleason Group Inc. boosted its stake in United Parcel Service by 1.1% in the 4th quarter. Gleason Group Inc. now owns 6,351 shares of the transportation company’s stock valued at $999,000 after buying an additional 66 shares in the last quarter. Advisors Capital Management LLC boosted its stake in United Parcel Service by 0.5% in the 3rd quarter. Advisors Capital Management LLC now owns 15,085 shares of the transportation company’s stock valued at $2,351,000 after buying an additional 69 shares in the last quarter. Finally, Dfpg Investments LLC raised its position in United Parcel Service by 0.3% in the 4th quarter. Dfpg Investments LLC now owns 25,270 shares of the transportation company’s stock valued at $3,981,000 after purchasing an additional 69 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. HSBC upgraded United Parcel Service from a “hold” rating to a “buy” rating and lifted their price objective for the company from $150.00 to $170.00 in a research report on Thursday, April 25th. JPMorgan Chase & Co. cut their price objective on United Parcel Service from $154.00 to $150.00 and set a “neutral” rating for the company in a research report on Tuesday, April 9th. UBS Group upgraded United Parcel Service from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $160.00 to $175.00 in a research report on Tuesday, February 6th. Susquehanna boosted their target price on United Parcel Service from $150.00 to $160.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. Finally, Morgan Stanley boosted their target price on United Parcel Service from $95.00 to $100.00 and gave the stock an “underweight” rating in a research report on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $165.23.

United Parcel Service Stock Down 0.7 %

Shares of UPS stock traded down $1.03 on Wednesday, hitting $146.45. 664,455 shares of the stock were exchanged, compared to its average volume of 4,242,808. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $124.87 billion, a P/E ratio of 21.37, a price-to-earnings-growth ratio of 1.70 and a beta of 1.05. The business has a 50-day moving average of $149.54 and a 200 day moving average of $150.80. United Parcel Service, Inc. has a fifty-two week low of $133.68 and a fifty-two week high of $192.98.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share 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 company had revenue of $21.70 billion during the quarter, compared to analysts’ expectations of $21.84 billion. During the same period in the prior year, the firm earned $2.20 earnings per share. United Parcel Service’s revenue for the quarter was down 5.3% compared to the same quarter last year. Equities analysts anticipate that United Parcel Service, Inc. will post 8.23 EPS for the current year.

Insider Buying and Selling

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

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.