Rowlandmiller & PARTNERS.ADV decreased its position in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,581 shares of the transportation company’s stock after selling 105 shares during the quarter. United Parcel Service makes up approximately 1.1% of Rowlandmiller & PARTNERS.ADV’s portfolio, making the stock its 26th largest position. Rowlandmiller & PARTNERS.ADV’s holdings in United Parcel Service were worth $5,243,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. IFS Advisors LLC grew its stake in shares of United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. True Wealth Design LLC grew its stake in shares of United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after acquiring an additional 171 shares in the last quarter. Princeton Global Asset Management LLC grew its stake in shares of United Parcel Service by 720.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after acquiring an additional 216 shares in the last quarter. FSA Wealth Management LLC bought a new stake in shares of United Parcel Service in the 3rd quarter worth $36,000. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of United Parcel Service in the 4th quarter worth $38,000. Institutional investors own 60.26% of the company’s stock.
United Parcel Service Trading Down 0.2 %
Shares of United Parcel Service stock opened at $116.35 on Monday. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95. The company has a market cap of $99.38 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.55 and a beta of 0.98. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The company’s 50-day moving average price is $123.21 and its 200-day moving average price is $128.39.
United Parcel Service Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be given a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 5.64%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, February 18th. United Parcel Service’s dividend payout ratio is 97.04%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Susquehanna cut their price target on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Wolfe Research raised shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target on the stock in a report on Wednesday, January 8th. JPMorgan Chase & Co. cut their price target on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, UBS Group cut their price target on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.
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.
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