United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Czech National Bank

Czech National Bank raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 6.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 158,576 shares of the transportation company’s stock after buying an additional 9,356 shares during the period. Czech National Bank’s holdings in United Parcel Service were worth $19,996,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of UPS. Meeder Asset Management Inc. raised its holdings in United Parcel Service by 271.7% during the second quarter. Meeder Asset Management Inc. now owns 394 shares of the transportation company’s stock worth $54,000 after purchasing an additional 288 shares in the last quarter. Thoroughbred Financial Services LLC grew its position in shares of United Parcel Service by 106.1% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,363 shares of the transportation company’s stock valued at $597,000 after buying an additional 2,246 shares during the last quarter. Wilkins Investment Counsel Inc. raised its stake in United Parcel Service by 6.6% during the 2nd quarter. Wilkins Investment Counsel Inc. now owns 91,416 shares of the transportation company’s stock worth $12,510,000 after acquiring an additional 5,690 shares in the last quarter. Mystic Asset Management Inc. lifted its position in United Parcel Service by 6.1% in the second quarter. Mystic Asset Management Inc. now owns 3,207 shares of the transportation company’s stock valued at $439,000 after acquiring an additional 185 shares during the last quarter. Finally, Kennon Green & Company LLC boosted its stake in United Parcel Service by 1.8% in the second quarter. Kennon Green & Company LLC now owns 17,293 shares of the transportation company’s stock valued at $2,367,000 after acquiring an additional 308 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction that occurred on 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 completion of the transaction, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

UPS has been the topic of a number of research analyst reports. UBS Group lifted their target price on United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Oppenheimer boosted their price objective on United Parcel Service from $140.00 to $146.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. The Goldman Sachs Group lowered their target price on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday, October 9th. Susquehanna increased their price target on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Finally, Citigroup dropped their price objective on shares of United Parcel Service from $163.00 to $158.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $151.10.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $123.38 on Monday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. United Parcel Service, Inc. has a one year low of $122.01 and a one year high of $161.47. The firm has a market capitalization of $105.29 billion, a P/E ratio of 18.64, a PEG ratio of 2.11 and a beta of 1.00. The company’s fifty day moving average is $129.54 and its two-hundred day moving average is $131.16.

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

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date was Monday, November 18th. United Parcel Service’s dividend payout ratio is currently 98.49%.

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.