United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Twin Lakes Capital Management LLC

Twin Lakes Capital Management LLC boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,392 shares of the transportation company’s stock after acquiring an additional 102 shares during the period. United Parcel Service comprises 1.1% of Twin Lakes Capital Management LLC’s portfolio, making the stock its 23rd largest holding. Twin Lakes Capital Management LLC’s holdings in United Parcel Service were worth $2,099,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of UPS. Diversified Trust Co lifted its stake in United Parcel Service by 36.5% in the 2nd quarter. Diversified Trust Co now owns 16,157 shares of the transportation company’s stock valued at $2,211,000 after buying an additional 4,324 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of United Parcel Service by 8.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 401,463 shares of the transportation company’s stock valued at $54,940,000 after acquiring an additional 31,639 shares in the last quarter. Great Valley Advisor Group Inc. lifted its position in shares of United Parcel Service by 154.1% in the second quarter. Great Valley Advisor Group Inc. now owns 34,706 shares of the transportation company’s stock valued at $4,750,000 after acquiring an additional 21,048 shares in the last quarter. ORG Partners LLC boosted its stake in shares of United Parcel Service by 872.8% during the second quarter. ORG Partners LLC now owns 3,220 shares of the transportation company’s stock valued at $438,000 after acquiring an additional 2,889 shares during the last quarter. Finally, Cornerstone Wealth Management LLC raised its stake in United Parcel Service by 1.8% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 8,690 shares of the transportation company’s stock valued at $1,189,000 after purchasing an additional 152 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

United Parcel Service Stock Up 2.3 %

Shares of United Parcel Service stock opened at $128.53 on Tuesday. United Parcel Service, Inc. has a twelve month low of $123.12 and a twelve month high of $163.82. The stock has a market cap of $109.68 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 2.06 and a beta of 0.98. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20. The company has a fifty day moving average price of $133.16 and a 200 day moving average price of $132.96.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.13. The company had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.57 earnings per share. Equities research analysts forecast that United Parcel Service, Inc. will post 7.48 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were given a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 5.07%. The ex-dividend date was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is 98.49%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. The Goldman Sachs Group decreased their price target on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, October 9th. Barclays reaffirmed an “underweight” rating and issued a $120.00 target price on shares of United Parcel Service in a research note on Monday, October 21st. Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. TD Cowen initiated coverage on United Parcel Service in a research report on Thursday, August 22nd. They issued a “hold” rating and a $144.00 price objective for the company. Finally, Wells Fargo & Company increased their target price on United Parcel Service from $134.00 to $142.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, United Parcel Service currently has an average rating of “Moderate Buy” and a consensus price target of $151.29.

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.