2,752 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by ORG Wealth Partners LLC

ORG Wealth Partners LLC purchased a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,752 shares of the transportation company's stock, valued at approximately $302,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LaFleur & Godfrey LLC raised its stake in shares of United Parcel Service by 62.8% in the 4th quarter. LaFleur & Godfrey LLC now owns 6,225 shares of the transportation company's stock valued at $785,000 after purchasing an additional 2,401 shares during the period. Brighton Jones LLC grew its holdings in shares of United Parcel Service by 63.8% during the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company's stock worth $1,529,000 after buying an additional 4,723 shares in the last quarter. New York State Common Retirement Fund raised its position in United Parcel Service by 0.3% in the 4th quarter. New York State Common Retirement Fund now owns 867,132 shares of the transportation company's stock valued at $109,345,000 after buying an additional 3,000 shares during the last quarter. Atlas Legacy Advisors LLC acquired a new position in United Parcel Service during the 4th quarter worth approximately $264,000. Finally, Global Retirement Partners LLC boosted its position in United Parcel Service by 4.6% during the 4th quarter. Global Retirement Partners LLC now owns 13,170 shares of the transportation company's stock worth $1,661,000 after acquiring an additional 584 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service Trading Down 0.6%

Shares of United Parcel Service stock opened at $99.12 on Friday. The firm's 50 day moving average is $97.72 and its 200 day moving average is $111.86. The firm has a market capitalization of $83.93 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 1.74 and a beta of 1.22. United Parcel Service, Inc. has a 1 year low of $90.55 and a 1 year high of $148.15. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.11. United Parcel Service had a net margin of 6.44% and a return on equity of 40.15%. The firm had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $21.25 billion. During the same quarter in the previous year, the firm posted $1.43 earnings per share. The company's revenue was down .9% on a year-over-year basis. Equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were paid a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.62%. The ex-dividend date was Monday, May 19th. United Parcel Service's dividend payout ratio is currently 95.63%.

Analyst Upgrades and Downgrades

UPS has been the subject of several recent research reports. Citigroup reduced their target price on shares of United Parcel Service from $149.00 to $123.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Hsbc Global Res downgraded shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 1st. Oppenheimer decreased their price objective on United Parcel Service from $126.00 to $114.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft started coverage on United Parcel Service in a research report on Friday, March 7th. They issued a "hold" rating and a $119.00 target price on the stock. Finally, Wells Fargo & Company reissued an "equal weight" rating and set a $98.00 price target (down from $120.00) on shares of United Parcel Service in a research report on Tuesday, April 22nd. Two 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 given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $120.26.

About United Parcel Service

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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