Generali Investments CEE investicni spolecnost a.s. Buys 16,687 Shares of United Parcel Service, Inc. $UPS

Generali Investments CEE investicni spolecnost a.s. increased its stake in United Parcel Service, Inc. (NYSE:UPSFree Report) by 104.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 32,687 shares of the transportation company’s stock after buying an additional 16,687 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in United Parcel Service were worth $3,242,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. CFS Investment Advisory Services LLC raised its holdings in United Parcel Service by 2.6% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 4,268 shares of the transportation company’s stock worth $372,000 after purchasing an additional 108 shares during 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 during the last quarter. Regal Investment Advisors LLC increased its position in shares of United Parcel Service by 1.6% during the third quarter. Regal Investment Advisors LLC now owns 7,129 shares of the transportation company’s stock worth $596,000 after buying an additional 114 shares during the period. Wealth Advisory Solutions LLC increased its position in shares of United Parcel Service by 2.3% during the third quarter. Wealth Advisory Solutions LLC now owns 5,163 shares of the transportation company’s stock worth $431,000 after buying an additional 118 shares during the period. Finally, Winch Advisory Services LLC raised its stake in United Parcel Service by 37.3% during the third quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock worth $38,000 after buying an additional 124 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on UPS. TD Cowen boosted their target price on shares of United Parcel Service from $101.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. 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 report on Wednesday, January 28th. Bank of America raised United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price objective on the stock in a research note on Friday, January 9th. Stephens upped their target price on United Parcel Service from $113.00 to $115.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $113.67.

Check Out Our Latest Stock Report on UPS

Insider Activity at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction dated Wednesday, January 28th. The shares were 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 Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is currently owned by insiders.

Key Stories Impacting United Parcel Service

Here are the key news stories impacting United Parcel Service this week:

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $94.78 on Friday. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The stock’s 50 day moving average is $108.17 and its 200-day moving average is $98.64. 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 capitalization of $80.47 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 1.53 and a beta of 1.08.

United Parcel Service (NYSE:UPSGet Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.18. The business had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. United Parcel Service’s revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.75 EPS. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date was Tuesday, February 17th. United Parcel Service’s dividend payout ratio (DPR) is currently 100.00%.

United Parcel Service Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPSFree Report).

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

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.