United Parcel Service, Inc. (NYSE:UPS) Stock Holdings Increased by Regent Peak Wealth Advisors LLC

Regent Peak Wealth Advisors LLC lifted its position in United Parcel Service, Inc. (NYSE:UPS) by 3.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,801 shares of the transportation company’s stock after buying an additional 106 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in United Parcel Service were worth $476,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CENTRAL TRUST Co raised its stake in shares of United Parcel Service by 10.1% in the 1st quarter. CENTRAL TRUST Co now owns 11,963 shares of the transportation company’s stock worth $2,033,000 after buying an additional 1,099 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of United Parcel Service by 1.6% in the 4th quarter. Great Valley Advisor Group Inc. now owns 13,773 shares of the transportation company’s stock worth $2,319,000 after acquiring an additional 215 shares during the last quarter. Cardan Capital Partners LLC grew its holdings in shares of United Parcel Service by 8.9% in the 4th quarter. Cardan Capital Partners LLC now owns 7,701 shares of the transportation company’s stock worth $1,297,000 after acquiring an additional 630 shares during the last quarter. Ingalls & Snyder LLC grew its holdings in shares of United Parcel Service by 54.0% in the 4th quarter. Ingalls & Snyder LLC now owns 6,863 shares of the transportation company’s stock worth $1,156,000 after acquiring an additional 2,407 shares during the last quarter. Finally, WESPAC Advisors LLC grew its holdings in shares of United Parcel Service by 252.8% in the 4th quarter. WESPAC Advisors LLC now owns 6,273 shares of the transportation company’s stock worth $1,056,000 after acquiring an additional 4,495 shares during the last quarter. 55.68% of the stock is currently owned by institutional investors.

A number of equities analysts recently issued reports on the company. Raymond James lifted their target price on United Parcel Service from $200.00 to $223.00 and gave the stock a “strong-buy” rating in a report on Tuesday. Wells Fargo & Company lifted their price target on United Parcel Service from $186.00 to $210.00 in a report on Wednesday, April 28th. Wolfe Research upgraded United Parcel Service from a “peer perform” rating to an “outperform” rating in a report on Monday. UBS Group lifted their price target on United Parcel Service from $205.00 to $244.00 and gave the company a “buy” rating in a report on Wednesday, April 28th. Finally, Oppenheimer lifted their price target on United Parcel Service from $186.00 to $210.00 and gave the company an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $192.21.

In related news, Director Wayne M. Hewett acquired 625 shares of the stock in a transaction dated Wednesday, February 24th. The shares were bought at an average cost of $159.82 per share, for a total transaction of $99,887.50. Following the purchase, the director now owns 868 shares in the company, valued at approximately $138,723.76. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Norman M. Brothers, Jr. sold 13,337 shares of the company’s stock in a transaction that occurred on Monday, February 22nd. The shares were sold at an average price of $159.64, for a total value of $2,129,118.68. The disclosure for this sale can be found here. Corporate insiders own 0.57% of the company’s stock.

United Parcel Service stock traded up $2.27 during trading hours on Tuesday, hitting $214.47. The stock had a trading volume of 182,746 shares, compared to its average volume of 3,783,137. The company has a 50-day moving average of $174.74 and a two-hundred day moving average of $167.34. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 4.16. The company has a market cap of $185.95 billion, a PE ratio of 40.34, a price-to-earnings-growth ratio of 2.47 and a beta of 0.98. United Parcel Service, Inc. has a fifty-two week low of $88.85 and a fifty-two week high of $213.38.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 27th. The transportation company reported $2.77 EPS for the quarter, beating the consensus estimate of $1.72 by $1.05. The firm had revenue of $22.91 billion during the quarter, compared to analysts’ expectations of $20.62 billion. United Parcel Service had a return on equity of 161.20% and a net margin of 5.71%. The company’s revenue for the quarter was up 27.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.15 EPS. As a group, analysts forecast that United Parcel Service, Inc. will post 7.68 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 10th. Stockholders of record on Monday, February 22nd were paid a $1.02 dividend. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.01. This represents a $4.08 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend was Friday, February 19th. United Parcel Service’s dividend payout ratio is currently 54.18%.

United Parcel Service Profile

United Parcel Service, Inc provides letter and package delivery, 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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