United Parcel Service, Inc. (UPS) Shares Bought by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC raised its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 45.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,543 shares of the transportation company’s stock after purchasing an additional 2,982 shares during the period. Motley Fool Wealth Management LLC’s holdings in United Parcel Service were worth $931,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Orrstown Financial Services Inc. purchased a new position in shares of United Parcel Service in the 4th quarter valued at $29,000. Reilly Financial Advisors LLC purchased a new position in shares of United Parcel Service in the 4th quarter valued at $29,000. Larson Financial Group LLC purchased a new position in shares of United Parcel Service in the 4th quarter valued at $29,000. Financial Advantage Inc. purchased a new position in shares of United Parcel Service in the 4th quarter valued at $39,000. Finally, Private Ocean LLC increased its holdings in shares of United Parcel Service by 55.3% in the 4th quarter. Private Ocean LLC now owns 466 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 166 shares during the period. 55.02% of the stock is owned by institutional investors and hedge funds.

Shares of UPS stock opened at $109.52 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 6.56. The firm has a market cap of $94.21 billion, a P/E ratio of 15.13, a price-to-earnings-growth ratio of 1.63 and a beta of 1.21. United Parcel Service, Inc. has a 1-year low of $89.89 and a 1-year high of $125.09.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, January 31st. The transportation company reported $1.94 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.91 by $0.03. The business had revenue of $19.85 billion for the quarter, compared to the consensus estimate of $19.92 billion. United Parcel Service had a return on equity of 254.74% and a net margin of 6.67%. During the same quarter in the previous year, the business earned $1.67 EPS. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.59 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Tuesday, February 26th were paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend was Monday, February 25th. This is an increase from United Parcel Service’s previous quarterly dividend of $0.91. United Parcel Service’s payout ratio is presently 53.04%.

Several research analysts recently weighed in on the company. Berenberg Bank restated a “hold” rating and set a $125.00 target price on shares of United Parcel Service in a research note on Friday. Zacks Investment Research downgraded United Parcel Service from a “hold” rating to a “sell” rating in a research note on Friday, January 11th. Barclays restated a “hold” rating and set a $112.00 target price on shares of United Parcel Service in a research note on Tuesday, January 29th. Morgan Stanley dropped their target price on United Parcel Service from $92.00 to $87.00 and set a “sell” rating on the stock in a research note on Tuesday, December 4th. Finally, Credit Suisse Group dropped their target price on United Parcel Service from $118.00 to $104.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 15th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $123.41.

In other United Parcel Service news, CFO Richard N. Peretz sold 9,112 shares of the business’s stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $111.18, for a total transaction of $1,013,072.16. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Teri P. Mcclure sold 5,000 shares of the business’s stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $109.72, for a total value of $548,600.00. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by insiders.

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About United Parcel Service

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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