Financial Engines Advisors L.L.C. Acquires Shares of 2,665 United Parcel Service, Inc. (NYSE:UPS)

Financial Engines Advisors L.L.C. bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,665 shares of the transportation company’s stock, valued at approximately $336,000.

Other hedge funds have also modified their holdings of the company. Morey & Quinn Wealth Partners LLC acquired a new position in United Parcel Service during the 4th quarter worth $458,000. Trust Investment Advisors raised its position in shares of United Parcel Service by 14.0% during the fourth quarter. Trust Investment Advisors now owns 7,119 shares of the transportation company’s stock worth $898,000 after acquiring an additional 877 shares during the last quarter. Summitry LLC lifted its stake in shares of United Parcel Service by 10.5% during the fourth quarter. Summitry LLC now owns 33,638 shares of the transportation company’s stock valued at $4,242,000 after acquiring an additional 3,196 shares during the period. Murphy & Mullick Capital Management Corp bought a new position in United Parcel Service in the fourth quarter valued at about $160,000. Finally, Mitsubishi UFJ Trust & Banking Corp increased its position in United Parcel Service by 16.6% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 423,026 shares of the transportation company’s stock worth $53,344,000 after purchasing an additional 60,102 shares during the period. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Performance

UPS opened at $111.05 on Friday. The company has a market capitalization of $94.85 billion, a price-to-earnings ratio of 16.43, a P/E/G ratio of 1.55 and a beta of 0.94. The business’s 50-day moving average price is $118.92 and its two-hundred day moving average price is $126.58. United Parcel Service, Inc. has a 1 year low of $109.40 and a 1 year high of $154.29. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same period last year, the firm posted $2.47 EPS. Equities analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were issued a $1.64 dividend. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 5.91%. United Parcel Service’s dividend payout ratio (DPR) is presently 97.04%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on UPS shares. UBS Group cut their target price on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Morgan Stanley cut their price objective on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a report on Friday, January 31st. BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their target price for the stock from $155.00 to $150.00 in a report on Tuesday, December 10th. Evercore ISI upped their target price on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday, January 22nd. Finally, Raymond James reduced their price target on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating on the stock in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service presently has a consensus rating of “Moderate Buy” and a consensus target price of $137.57.

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.