Clifford Capital Partners LLC Buys 41,468 Shares of United Parcel Service, Inc. $UPS

Clifford Capital Partners LLC lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 30.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,860 shares of the transportation company’s stock after buying an additional 41,468 shares during the period. United Parcel Service comprises approximately 2.5% of Clifford Capital Partners LLC’s holdings, making the stock its 25th largest holding. Clifford Capital Partners LLC’s holdings in United Parcel Service were worth $14,690,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. CFS Investment Advisory Services LLC raised its stake in United Parcel Service by 2.6% during the third quarter. CFS Investment Advisory Services LLC now owns 4,268 shares of the transportation company’s stock worth $372,000 after acquiring an additional 108 shares in the last quarter. Center for Financial Planning Inc. boosted its stake in shares of United Parcel Service by 4.6% in the 3rd quarter. Center for Financial Planning Inc. now owns 2,558 shares of the transportation company’s stock valued at $214,000 after purchasing an additional 112 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in shares of United Parcel Service by 1.6% in the 3rd quarter. Regal Investment Advisors LLC now owns 7,129 shares of the transportation company’s stock valued at $596,000 after purchasing an additional 114 shares in the last quarter. Wealth Advisory Solutions LLC grew its holdings in shares of United Parcel Service by 2.3% in the 3rd quarter. Wealth Advisory Solutions LLC now owns 5,163 shares of the transportation company’s stock worth $431,000 after purchasing an additional 118 shares during the last quarter. Finally, Winch Advisory Services LLC increased its position in shares of United Parcel Service by 37.3% during the 3rd quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock worth $38,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Down 0.6%

Shares of NYSE:UPS opened at $97.27 on Friday. 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 firm has a market cap of $82.59 billion, a P/E ratio of 14.83, a P/E/G ratio of 1.53 and a beta of 1.08. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The company’s 50-day moving average price is $110.04 and its two-hundred day moving average price is $97.95.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The company had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. During the same period in the previous year, the firm posted $2.75 earnings per share. The company’s revenue was down 3.2% on a year-over-year basis. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.7%. The ex-dividend date was Tuesday, February 17th. United Parcel Service’s payout ratio is 100.00%.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the company’s stock in a transaction on 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 filing with the SEC, which is available at this link. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on UPS shares. Susquehanna lifted their price target on shares of United Parcel Service from $105.00 to $115.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Citigroup cut their target price on shares of United Parcel Service from $126.00 to $120.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. UBS Group boosted their target price on United Parcel Service from $116.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Finally, Wells Fargo & Company increased their price target on United Parcel Service from $96.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Hold” and an average price target of $113.67.

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.