United Parcel Service, Inc. $UPS Position Boosted by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. increased its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 195,708 shares of the transportation company’s stock after buying an additional 10,492 shares during the quarter. United Parcel Service comprises approximately 2.1% of Jamison Private Wealth Management Inc.’s portfolio, making the stock its 7th largest holding. Jamison Private Wealth Management Inc.’s holdings in United Parcel Service were worth $16,347,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in UPS. Evelyn Partners Investment Management Europe Ltd boosted its stake in shares of United Parcel Service by 110.1% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock valued at $25,000 after buying an additional 131 shares during the period. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of United Parcel Service during the 2nd quarter valued at about $26,000. Saudi Central Bank acquired a new position in United Parcel Service in the first quarter worth approximately $32,000. Flaharty Asset Management LLC bought a new position in United Parcel Service during the first quarter valued at approximately $33,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in United Parcel Service during the second quarter valued at approximately $34,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of UPS stock opened at $101.93 on Monday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.30. The business has a fifty day moving average of $93.97 and a 200 day moving average of $92.76. The firm has a market capitalization of $86.48 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 2.43 and a beta of 1.11. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $136.99.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The firm had revenue of $21.42 billion during the quarter, compared to analysts’ expectations of $20.94 billion. During the same period last year, the business posted $1.76 earnings per share. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. As a group, research analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, November 17th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is 101.39%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. UBS Group increased their price target on shares of United Parcel Service from $110.00 to $113.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Susquehanna lifted their price objective on shares of United Parcel Service from $100.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Stifel Nicolaus increased their target price on shares of United Parcel Service from $110.00 to $112.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. BMO Capital Markets restated a “market perform” rating and set a $96.00 target price (down from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Finally, Wall Street Zen raised United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $110.09.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.