Sivia Capital Partners LLC Buys Shares of 11,592 United Parcel Service, Inc. $UPS

Sivia Capital Partners LLC acquired a new stake in United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,592 shares of the transportation company’s stock, valued at approximately $1,150,000.

Other institutional investors have also modified their holdings of the company. Westbourne Investments Inc. boosted its holdings in United Parcel Service by 1.2% during the 4th quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company’s stock valued at $781,000 after acquiring an additional 91 shares during the period. Webster Bank N. A. boosted its holdings in United Parcel Service by 16.7% during the 4th quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 100 shares during the period. Peoples Financial Services CORP. boosted its holdings in United Parcel Service by 2.5% during the 4th quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock valued at $400,000 after acquiring an additional 100 shares during the period. Argyle Capital Management LLC boosted its holdings in United Parcel Service by 0.4% during the 4th quarter. Argyle Capital Management LLC now owns 27,505 shares of the transportation company’s stock valued at $2,728,000 after acquiring an additional 100 shares during the period. Finally, Spurstone Advisory Services LLC boosted its holdings in United Parcel Service by 2.7% during the 4th quarter. Spurstone Advisory Services LLC now owns 3,742 shares of the transportation company’s stock valued at $371,000 after acquiring an additional 100 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

United Parcel Service Trading Down 0.2%

UPS opened at $108.74 on Thursday. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The stock has a market capitalization of $92.43 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.73 and a beta of 1.05. 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 business has a fifty day moving average price of $101.74 and a 200 day moving average price of $103.43.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the previous year, the firm posted $1.49 EPS. United Parcel Service’s revenue for the quarter was down 1.4% on a year-over-year basis. Sell-side analysts expect that United Parcel Service, Inc. will post 7.1 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, May 18th will be paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Monday, May 18th. United Parcel Service’s payout ratio is presently 106.15%.

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.