Alliance Wealth Advisors LLC UT Has $414,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Alliance Wealth Advisors LLC UT trimmed its position in United Parcel Service, Inc. (NYSE:UPS) by 9.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,632 shares of the transportation company’s stock after selling 282 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in United Parcel Service were worth $414,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. OFI Invest Asset Management acquired a new position in shares of United Parcel Service during the 3rd quarter worth about $25,000. Tennessee Valley Asset Management Partners acquired a new position in shares of United Parcel Service during the 4th quarter worth about $26,000. Life Planning Partners Inc acquired a new position in shares of United Parcel Service during the 4th quarter worth about $28,000. Bourgeon Capital Management LLC acquired a new position in shares of United Parcel Service during the 4th quarter worth about $31,000. Finally, VisionPoint Advisory Group LLC grew its position in shares of United Parcel Service by 69.5% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock worth $37,000 after buying an additional 98 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

Shares of UPS stock traded up $0.20 during trading on Friday, reaching $147.59. 2,607,558 shares of the company’s stock were exchanged, compared to its average volume of 3,897,331. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $125.84 billion, a PE ratio of 21.39, a PEG ratio of 1.69 and a beta of 1.05. United Parcel Service, Inc. has a twelve month low of $133.68 and a twelve month high of $192.98. The firm’s fifty day moving average price is $149.56 and its 200-day moving average price is $150.93.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.10. The business had revenue of $21.70 billion for the quarter, compared to analyst estimates of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The firm’s revenue was down 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.20 EPS. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 8.23 EPS for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Tuesday, February 20th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 4.42%. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date of this dividend was Friday, February 16th. United Parcel Service’s dividend payout ratio is currently 94.49%.

Insider Buying and Selling at United Parcel Service

In related news, Director Eva C. Boratto bought 1,400 shares of the business’s stock in a transaction dated Friday, February 2nd. The stock was purchased at an average cost of $142.30 per share, for a total transaction of $199,220.00. Following the transaction, the director now owns 1,400 shares in the company, valued at approximately $199,220. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

UPS has been the topic of several recent analyst reports. Robert W. Baird upgraded United Parcel Service from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $165.00 to $170.00 in a report on Friday, February 16th. UBS Group upgraded United Parcel Service from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $160.00 to $175.00 in a report on Tuesday, February 6th. BMO Capital Markets lifted their price objective on United Parcel Service from $165.00 to $169.00 and gave the company a “market perform” rating in a report on Wednesday. TD Cowen cut their price objective on United Parcel Service from $147.00 to $140.00 and set a “hold” rating on the stock in a report on Thursday, March 28th. Finally, TheStreet upgraded United Parcel Service from a “c” rating to a “b-” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service currently has an average rating of “Hold” and an average price target of $165.23.

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.