13,522 Shares in United Parcel Service, Inc. $UPS Purchased by Peak Retirement Planning Inc.

Peak Retirement Planning Inc. acquired a new position in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 13,522 shares of the transportation company’s stock, valued at approximately $1,341,000.

Several other hedge funds have also recently bought and sold shares of UPS. Calton & Associates Inc. increased its stake in United Parcel Service by 3.3% in the 4th quarter. Calton & Associates Inc. now owns 5,438 shares of the transportation company’s stock valued at $539,000 after buying an additional 173 shares during the period. Root Financial Partners LLC increased its stake in United Parcel Service by 49.2% in the 4th quarter. Root Financial Partners LLC now owns 1,495 shares of the transportation company’s stock valued at $148,000 after buying an additional 493 shares during the period. Collar Capital Management LLC increased its stake in United Parcel Service by 1.2% in the 4th quarter. Collar Capital Management LLC now owns 31,474 shares of the transportation company’s stock valued at $3,122,000 after buying an additional 378 shares during the period. New Mexico Educational Retirement Board increased its stake in United Parcel Service by 3.0% in the 4th quarter. New Mexico Educational Retirement Board now owns 34,162 shares of the transportation company’s stock valued at $3,389,000 after buying an additional 1,000 shares during the period. Finally, Rothschild Wealth LLC increased its stake in United Parcel Service by 76.3% in the 4th quarter. Rothschild Wealth LLC now owns 5,629 shares of the transportation company’s stock valued at $558,000 after buying an additional 2,437 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Stock Down 0.1%

UPS opened at $108.90 on Wednesday. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The business has a 50-day moving average of $101.26 and a 200-day moving average of $103.25. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $92.56 billion, a PE ratio of 17.62, a price-to-earnings-growth ratio of 1.73 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The company had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period last year, the business earned $1.49 EPS. The business’s quarterly revenue was down 1.4% on a year-over-year basis. Equities research analysts forecast that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, May 18th will be paid a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.0%. United Parcel Service’s dividend payout ratio (DPR) is 106.15%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on UPS shares. Evercore dropped their price objective on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research note on Wednesday, April 22nd. Susquehanna upped their price objective on shares of United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Citigroup upped their price objective on shares of United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group cut their price target on United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Weiss Ratings downgraded United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $111.50.

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.