Hilltop Holdings Inc. Decreases Holdings in United Parcel Service, Inc. $UPS

Hilltop Holdings Inc. trimmed its position in United Parcel Service, Inc. (NYSE:UPS) by 35.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,148 shares of the transportation company’s stock after selling 7,749 shares during the period. Hilltop Holdings Inc.’s holdings in United Parcel Service were worth $1,392,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of UPS. University of Texas Texas AM Investment Management Co. acquired a new position in shares of United Parcel Service during the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of United Parcel Service in the 4th quarter worth $25,000. Coston McIsaac & Partners boosted 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 purchasing an additional 119 shares in the last quarter. Torren Management LLC purchased a new position in United Parcel Service during the 4th quarter worth $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in United Parcel Service during the 4th quarter worth $29,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Stephens raised United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 8th. Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Evercore dropped their price target on 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. Sanford C. Bernstein upped their price objective on shares of United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Finally, Susquehanna increased 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 report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $111.50.

United Parcel Service Stock Up 0.4%

NYSE:UPS opened at $114.60 on Friday. 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’s fifty day moving average price is $108.28 and its 200-day moving average price is $106.62. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $122.41. The firm has a market capitalization of $97.41 billion, a P/E ratio of 18.54, a PEG ratio of 1.83 and a beta of 1.05.

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

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, May 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend was Monday, May 18th. United Parcel Service’s payout ratio is 106.15%.

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.