Bard Financial Services Inc. Has $5.55 Million Holdings in United Parcel Service, Inc. (NYSE:UPS)

Bard Financial Services Inc. lowered its position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,325 shares of the transportation company’s stock after selling 125 shares during the quarter. Bard Financial Services Inc.’s holdings in United Parcel Service were worth $5,554,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Tennessee Valley Asset Management Partners acquired a new position in United Parcel Service in the 4th quarter valued at approximately $26,000. Life Planning Partners Inc acquired a new position in United Parcel Service in the 4th quarter valued at approximately $28,000. Northwest Financial Advisors acquired a new position in United Parcel Service in the 4th quarter valued at approximately $28,000. Bourgeon Capital Management LLC acquired a new position in United Parcel Service in the 4th quarter valued at approximately $31,000. Finally, VisionPoint Advisory Group LLC increased its stake in United Parcel Service by 69.5% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock valued at $37,000 after buying an additional 98 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on UPS. Oppenheimer boosted their target price on shares of United Parcel Service from $153.00 to $157.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 24th. Susquehanna boosted their target price on shares of United Parcel Service from $150.00 to $160.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. Raymond James decreased their target price on shares of United Parcel Service from $185.00 to $175.00 and set a “strong-buy” rating for the company in a research report on Wednesday, January 31st. Argus downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. Finally, Robert W. Baird raised shares of United Parcel Service from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $165.00 to $170.00 in a research report on Friday, February 16th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $165.23.

Check Out Our Latest Stock Analysis on UPS

United Parcel Service Price Performance

Shares of UPS stock traded down $1.62 during mid-day trading on Monday, reaching $147.62. The company’s stock had a trading volume of 1,812,659 shares, compared to its average volume of 4,046,783. United Parcel Service, Inc. has a 1-year low of $133.68 and a 1-year high of $192.98. The company has a market cap of $126.30 billion, a P/E ratio of 21.63, a PEG ratio of 1.71 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. The firm’s 50-day moving average is $149.04 and its two-hundred day moving average is $150.89.

United Parcel Service (NYSE:UPSGet Free Report) last announced its earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.10. The business had revenue of $21.70 billion during the quarter, compared to analysts’ expectations of $21.84 billion. United Parcel Service had a net margin of 6.60% and a return on equity of 37.42%. The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter last year, the company posted $2.20 EPS. On average, research analysts predict that United Parcel Service, Inc. will post 8.22 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Monday, May 13th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend is Friday, May 10th. United Parcel Service’s dividend payout ratio (DPR) is currently 94.49%.

United Parcel Service Company Profile

(Free Report)

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.

See Also

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

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