Silvia Mccoll Wealth Management LLC Boosts Stake in United Parcel Service, Inc. (NYSE:UPS)

Silvia Mccoll Wealth Management LLC raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,669 shares of the transportation company’s stock after buying an additional 133 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in United Parcel Service were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UPS. Trexquant Investment LP purchased a new position in shares of United Parcel Service in the 3rd quarter worth about $2,345,000. Richard Bernstein Advisors LLC boosted its holdings in shares of United Parcel Service by 18.1% in the 3rd quarter. Richard Bernstein Advisors LLC now owns 14,579 shares of the transportation company’s stock worth $2,272,000 after purchasing an additional 2,230 shares in the last quarter. Waverly Advisors LLC boosted its holdings in shares of United Parcel Service by 152.8% in the 3rd quarter. Waverly Advisors LLC now owns 6,455 shares of the transportation company’s stock worth $1,006,000 after purchasing an additional 3,902 shares in the last quarter. Logan Capital Management Inc. boosted its holdings in shares of United Parcel Service by 3.6% in the 3rd quarter. Logan Capital Management Inc. now owns 67,768 shares of the transportation company’s stock worth $10,563,000 after purchasing an additional 2,385 shares in the last quarter. Finally, Gateway Advisory LLC purchased a new position in shares of United Parcel Service in the 3rd quarter worth about $303,000. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Down 0.7 %

Shares of NYSE:UPS traded down $0.90 during trading on Monday, hitting $135.95. The stock had a trading volume of 2,657,859 shares, compared to its average volume of 4,057,780. United Parcel Service, Inc. has a 12 month low of $132.90 and a 12 month high of $192.98. The company has a market capitalization of $116.31 billion, a PE ratio of 19.70, a PEG ratio of 1.74 and a beta of 0.98. The firm’s fifty day moving average is $141.71 and its 200 day moving average is $148.50. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 1.11.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.10. The company had revenue of $21.70 billion for the quarter, compared to the consensus estimate of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The firm’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.20 EPS. Analysts anticipate that United Parcel Service, Inc. will post 8.22 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were paid a $1.63 dividend. The ex-dividend date was Friday, May 10th. This represents a $6.52 annualized dividend and a dividend yield of 4.80%. United Parcel Service’s payout ratio is currently 94.49%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on UPS shares. BMO Capital Markets boosted their target price on United Parcel Service from $165.00 to $169.00 and gave the company a “market perform” rating in a research note on Wednesday, April 24th. Wells Fargo & Company started coverage on United Parcel Service in a research note on Friday, June 7th. They issued an “overweight” rating and a $156.00 target price for the company. Morgan Stanley boosted their target price on United Parcel Service from $95.00 to $100.00 and gave the company an “underweight” rating in a research note on Wednesday, March 27th. HSBC raised United Parcel Service from a “hold” rating to a “buy” rating and boosted their target price for the company from $150.00 to $170.00 in a research note on Thursday, April 25th. Finally, TD Cowen lowered their target price on United Parcel Service from $147.00 to $140.00 and set a “hold” rating for the company in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $164.55.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.