Ethic Inc. Has $3.33 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Ethic Inc. grew its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 25.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 26,365 shares of the transportation company's stock after acquiring an additional 5,269 shares during the quarter. Ethic Inc.'s holdings in United Parcel Service were worth $3,325,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Clark Capital Management Group Inc. increased its holdings in United Parcel Service by 14.4% in the 4th quarter. Clark Capital Management Group Inc. now owns 11,427 shares of the transportation company's stock valued at $1,441,000 after buying an additional 1,440 shares during the period. Cladis Investment Advisory LLC increased its stake in United Parcel Service by 7.9% in the fourth quarter. Cladis Investment Advisory LLC now owns 12,015 shares of the transportation company's stock valued at $1,515,000 after acquiring an additional 876 shares during the last quarter. Deutsche Bank AG raised its position in United Parcel Service by 21.4% during the fourth quarter. Deutsche Bank AG now owns 2,464,742 shares of the transportation company's stock valued at $310,804,000 after purchasing an additional 434,510 shares in the last quarter. Diligent Investors LLC lifted its stake in United Parcel Service by 1.7% during the fourth quarter. Diligent Investors LLC now owns 6,722 shares of the transportation company's stock worth $848,000 after purchasing an additional 111 shares during the last quarter. Finally, Colonial Trust Co SC boosted its holdings in shares of United Parcel Service by 1.4% in the 4th quarter. Colonial Trust Co SC now owns 7,227 shares of the transportation company's stock valued at $911,000 after purchasing an additional 98 shares in the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on UPS shares. Stifel Nicolaus lowered their price target on United Parcel Service from $145.00 to $124.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Oppenheimer lowered their target price on United Parcel Service from $126.00 to $114.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of United Parcel Service in a report on Friday, March 7th. They issued a "hold" rating and a $119.00 target price for the company. Galvan Research decreased their price target on shares of United Parcel Service from $147.00 to $133.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Finally, Raymond James dropped their price objective on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating for the company in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $120.87.

United Parcel Service Stock Down 1.1 %

Shares of NYSE:UPS opened at $95.92 on Friday. The business's 50-day moving average is $104.28 and its 200-day moving average is $118.84. United Parcel Service, Inc. has a 1 year low of $90.55 and a 1 year high of $153.42. The company has a market capitalization of $81.93 billion, a price-to-earnings ratio of 14.19, a P/E/G ratio of 1.55 and a beta of 1.23. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14.

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

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be issued a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $6.56 annualized dividend and a dividend yield of 6.84%. United Parcel Service's dividend payout ratio is currently 95.63%.

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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