Level Four Advisory Services LLC Has $4.55 Million Stock Holdings in United Parcel Service, Inc. $UPS

Level Four Advisory Services LLC trimmed its position in United Parcel Service, Inc. (NYSE:UPS) by 7.5% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 54,419 shares of the transportation company’s stock after selling 4,438 shares during the period. Level Four Advisory Services LLC’s holdings in United Parcel Service were worth $4,546,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in UPS. Vanguard Group Inc. boosted its holdings in United Parcel Service by 0.6% in the third quarter. Vanguard Group Inc. now owns 67,277,988 shares of the transportation company’s stock valued at $5,619,730,000 after acquiring an additional 372,850 shares during the last quarter. State Street Corp raised its holdings in United Parcel Service by 1.5% during the 2nd quarter. State Street Corp now owns 30,774,530 shares of the transportation company’s stock worth $3,106,381,000 after purchasing an additional 444,384 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in United Parcel Service by 3.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 25,792,139 shares of the transportation company’s stock valued at $2,603,459,000 after purchasing an additional 746,667 shares during the period. Geode Capital Management LLC boosted its stake in shares of United Parcel Service by 4.8% in the 2nd quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock valued at $1,675,733,000 after purchasing an additional 762,407 shares during the last quarter. Finally, Norges Bank bought a new position in shares of United Parcel Service in the 2nd quarter valued at about $851,842,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Down 1.2%

Shares of NYSE UPS opened at $113.08 on Wednesday. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $123.70. The stock has a market cap of $96.02 billion, a price-to-earnings ratio of 17.24, a P/E/G ratio of 1.81 and a beta of 1.08. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.45. The company’s fifty day moving average is $109.78 and its 200-day moving average is $97.22.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. The business had revenue of $24.48 billion during the quarter, compared to analysts’ expectations of $23.91 billion. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.75 EPS. Equities research analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th will be issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Tuesday, February 17th. United Parcel Service’s dividend payout ratio is 100.00%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Evercore boosted their price target on shares of United Parcel Service from $94.00 to $113.00 and gave the stock an “in-line” rating in a research note on Wednesday, January 21st. HSBC raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, January 28th. UBS Group increased their price target on United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Bank of America upgraded United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price target on the stock in a research report on Friday, January 9th. Finally, Wells Fargo & Company lifted their price objective on United Parcel Service from $96.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Hold” and an average target price of $113.67.

Insider Activity at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total transaction of $2,655,236.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.13% of the stock is currently owned by corporate insiders.

About United Parcel Service

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.