United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by Telos Capital Management Inc.

Telos Capital Management Inc. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 95,715 shares of the transportation company’s stock after purchasing an additional 4,270 shares during the period. United Parcel Service accounts for 1.5% of Telos Capital Management Inc.’s investment portfolio, making the stock its 17th largest holding. Telos Capital Management Inc.’s holdings in United Parcel Service were worth $13,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its stake in shares of United Parcel Service by 5.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,676,441 shares of the transportation company’s stock worth $578,053,000 after purchasing an additional 200,297 shares during the last quarter. United Services Automobile Association boosted its holdings in shares of United Parcel Service by 235.3% in the fourth quarter. United Services Automobile Association now owns 237,333 shares of the transportation company’s stock valued at $37,316,000 after acquiring an additional 166,557 shares in the last quarter. Natixis acquired a new position in shares of United Parcel Service during the first quarter worth about $121,000. Assetmark Inc. raised its holdings in United Parcel Service by 20.2% during the fourth quarter. Assetmark Inc. now owns 62,360 shares of the transportation company’s stock worth $9,805,000 after purchasing an additional 10,467 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in United Parcel Service by 11.4% in the fourth quarter. Franklin Resources Inc. now owns 9,607,055 shares of the transportation company’s stock valued at $1,510,517,000 after purchasing an additional 980,317 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, Director William R. Johnson bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The stock was purchased at an average price of $128.61 per share, with a total value of $643,050.00. Following the transaction, the director now owns 5,160 shares in the company, valued at $663,627.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by company insiders.

United Parcel Service Trading Up 1.2 %

Shares of United Parcel Service stock traded up $1.57 during mid-day trading on Friday, hitting $128.55. 4,116,068 shares of the stock were exchanged, compared to its average volume of 4,057,569. The stock has a market capitalization of $110.11 billion, a price-to-earnings ratio of 18.63, a price-to-earnings-growth ratio of 1.89 and a beta of 0.98. United Parcel Service, Inc. has a twelve month low of $123.12 and a twelve month high of $172.75. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.18. The company has a 50-day simple moving average of $132.47 and a 200 day simple moving average of $141.30.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, July 23rd. The transportation company reported $1.79 EPS for the quarter, missing the consensus estimate of $1.99 by ($0.20). The business had revenue of $21.82 billion during the quarter, compared to analyst estimates of $22.17 billion. United Parcel Service had a net margin of 5.87% and a return on equity of 35.27%. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.54 earnings per share. Research analysts forecast that United Parcel Service, Inc. will post 7.43 EPS for the current year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Monday, August 19th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend is Monday, August 19th. United Parcel Service’s payout ratio is currently 94.49%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Evercore ISI dropped their target price on United Parcel Service from $157.00 to $145.00 and set an “in-line” rating on the stock in a research report on Monday, June 24th. Robert W. Baird cut their price objective on United Parcel Service from $170.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, July 24th. JPMorgan Chase & Co. decreased their target price on shares of United Parcel Service from $150.00 to $144.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 24th. Bank of America cut their price target on shares of United Parcel Service from $160.00 to $158.00 and set a “neutral” rating for the company in a report on Monday, July 22nd. Finally, Stephens decreased their price objective on shares of United Parcel Service from $168.00 to $140.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.20.

United Parcel Service 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.