United Parcel Service, Inc. $UPS Shares Bought by Virtu Financial LLC

Virtu Financial LLC grew its stake in United Parcel Service, Inc. (NYSE:UPS) by 391.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,420 shares of the transportation company’s stock after purchasing an additional 29,015 shares during the quarter. Virtu Financial LLC’s holdings in United Parcel Service were worth $3,612,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. University of Texas Texas AM Investment Management Co. bought a new stake in United Parcel Service in the fourth quarter valued at about $25,000. IFC & Insurance Marketing Inc. bought a new position in United Parcel Service during the 4th quarter worth approximately $25,000. Coston McIsaac & Partners grew its position in shares of United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after acquiring an additional 119 shares in the last quarter. Torren Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Trading Up 0.2%

Shares of NYSE:UPS opened at $105.29 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50. The company’s 50-day moving average price is $104.00 and its 200 day moving average price is $104.47. The company has a market cap of $89.50 billion, a PE ratio of 17.04, a P/E/G ratio of 1.67 and a beta of 1.05. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPS) last posted 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 net margin of 5.94% and a return on equity of 35.95%. The firm had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. United Parcel Service’s quarterly revenue was down 1.4% on a year-over-year basis. Sell-side analysts anticipate that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, May 18th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Monday, May 18th. United Parcel Service’s dividend payout ratio is 106.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on UPS shares. Weiss Ratings lowered United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, May 8th. Evercore decreased their price objective on shares of 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. UBS Group lowered their target price on shares of 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. Susquehanna boosted their target price 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. Finally, Citigroup increased their target price on shares of United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One research 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, United Parcel Service presently has a consensus rating of “Hold” and an average price target 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.