Chapman Financial Group LLC Purchases New Position in United Parcel Service, Inc. (NYSE:UPS)

Chapman Financial Group LLC acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,313 shares of the transportation company's stock, valued at approximately $796,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Pacific Sage Partners LLC lifted its stake in shares of United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company's stock worth $212,000 after acquiring an additional 77 shares during the period. Quent Capital LLC increased its stake in shares of United Parcel Service by 16.7% during the fourth quarter. Quent Capital LLC now owns 558 shares of the transportation company's stock worth $70,000 after acquiring an additional 80 shares during the period. Gleason Group Inc. raised its holdings in United Parcel Service by 1.3% during the fourth quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company's stock worth $840,000 after purchasing an additional 84 shares in the last quarter. Altus Wealth Group LLC lifted its position in United Parcel Service by 4.6% in the fourth quarter. Altus Wealth Group LLC now owns 2,022 shares of the transportation company's stock valued at $255,000 after purchasing an additional 89 shares during the period. Finally, Empirical Asset Management LLC boosted its holdings in United Parcel Service by 0.8% in the 4th quarter. Empirical Asset Management LLC now owns 12,036 shares of the transportation company's stock valued at $1,518,000 after purchasing an additional 93 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of analyst reports. JPMorgan Chase & Co. decreased their price target on United Parcel Service from $120.00 to $115.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Hsbc Global Res cut shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a research note on Thursday. StockNews.com cut shares of United Parcel Service from a "buy" rating to a "hold" rating in a research note on Monday, April 28th. Morgan Stanley dropped their target price on shares of United Parcel Service from $100.00 to $82.00 and set an "underweight" rating for the company in a report on Friday, January 31st. Finally, BMO Capital Markets decreased their price target on United Parcel Service from $130.00 to $125.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $120.87.

United Parcel Service Stock Up 1.8 %

Shares of NYSE UPS opened at $96.33 on Monday. The stock has a market capitalization of $82.28 billion, a PE ratio of 14.25, a P/E/G ratio of 1.55 and a beta of 1.23. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The firm has a fifty day moving average of $106.54 and a 200-day moving average of $120.05. United Parcel Service, Inc. has a 52-week low of $90.55 and a 52-week high of $153.42.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.11. The business had revenue of $21.50 billion for the quarter, compared to analyst estimates of $21.25 billion. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. The company's revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.43 EPS. On average, analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were given a $1.64 dividend. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.81%. United Parcel Service's dividend payout ratio is presently 95.63%.

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.

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