Winthrop Advisory Group LLC Sells 142 Shares of United Parcel Service, Inc. $UPS

Winthrop Advisory Group LLC reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,306 shares of the transportation company’s stock after selling 142 shares during the period. Winthrop Advisory Group LLC’s holdings in United Parcel Service were worth $435,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of UPS. Bangor Savings Bank lifted its position in United Parcel Service by 1.9% during the 2nd quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company’s stock worth $546,000 after buying an additional 101 shares in the last quarter. First Dallas Securities Inc. raised its holdings in United Parcel Service by 0.9% during the first quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company’s stock worth $1,256,000 after acquiring an additional 102 shares in the last quarter. TCV Trust & Wealth Management Inc. raised its holdings in United Parcel Service by 1.4% during the first quarter. TCV Trust & Wealth Management Inc. now owns 7,544 shares of the transportation company’s stock worth $830,000 after acquiring an additional 103 shares in the last quarter. Fortis Capital Advisors LLC raised its stake in shares of United Parcel Service by 3.4% during the 1st quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company’s stock worth $350,000 after purchasing an additional 104 shares in the last quarter. Finally, Wright Investors Service Inc. raised its stake in shares of United Parcel Service by 1.3% during the 2nd quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company’s stock worth $793,000 after purchasing an additional 104 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Carol B. Tome bought 11,682 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were purchased at an average cost of $85.67 per share, with a total value of $1,000,796.94. Following the acquisition, the chief executive officer directly owned 24,718 shares in the company, valued at $2,117,591.06. This represents a 89.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William R. Johnson acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was purchased at an average cost of $86.50 per share, for a total transaction of $432,500.00. Following the completion of the purchase, the director directly owned 10,160 shares of the company’s stock, valued at $878,840. The trade was a 96.90% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 17,182 shares of company stock worth $1,477,382. Company insiders own 0.13% of the company’s stock.

United Parcel Service Stock Down 0.7%

United Parcel Service stock opened at $86.01 on Wednesday. The stock has a market cap of $72.90 billion, a P/E ratio of 12.80, a P/E/G ratio of 1.60 and a beta of 1.10. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.51. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $145.01. The company’s 50-day moving average price is $85.81 and its two-hundred day moving average price is $94.91.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, July 29th. The transportation company reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.01). United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.90 billion. During the same period in the prior year, the business posted $1.79 earnings per share. United Parcel Service’s revenue was down 2.7% compared to the same quarter last year. As a group, analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were given a $1.64 dividend. The ex-dividend date was Monday, August 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 7.6%. United Parcel Service’s dividend payout ratio (DPR) is presently 97.62%.

Wall Street Analyst Weigh In

Several analysts have issued reports on UPS shares. BNP Paribas Exane raised shares of United Parcel Service from an “underperform” rating to a “neutral” rating and set a $100.00 price target on the stock in a research report on Thursday, July 3rd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $96.00 target price (down from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Wall Street Zen cut shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Saturday, September 20th. UBS Group dropped their price objective on United Parcel Service from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, October 3rd. Finally, Galvan Research dropped their price objective on United Parcel Service from $126.00 to $124.00 and set a “buy” rating on the stock in a research note on Monday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and a consensus target price of $110.16.

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.