VAUGHAN & Co SECURITIES INC. Invests $568,000 in United Parcel Service, Inc. (NYSE:UPS)

VAUGHAN & Co SECURITIES INC. acquired a new position in United Parcel Service, Inc. (NYSE:UPS - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,161 shares of the transportation company's stock, valued at approximately $568,000.

Other hedge funds also recently added to or reduced their stakes in the company. HM Payson & Co. raised its stake in shares of United Parcel Service by 70.0% during the first quarter. HM Payson & Co. now owns 6,048 shares of the transportation company's stock valued at $665,000 after purchasing an additional 2,490 shares in the last quarter. World Investment Advisors raised its position in United Parcel Service by 1.0% in the first quarter. World Investment Advisors now owns 19,818 shares of the transportation company's stock worth $2,180,000 after acquiring an additional 202 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in United Parcel Service by 37.9% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 16,000 shares of the transportation company's stock valued at $1,760,000 after acquiring an additional 4,400 shares during the last quarter. VELA Investment Management LLC bought a new position in shares of United Parcel Service during the 1st quarter valued at about $312,000. Finally, Wayfinding Financial LLC acquired a new position in shares of United Parcel Service in the 1st quarter worth approximately $51,000. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on UPS shares. Deutsche Bank Aktiengesellschaft began coverage on shares of United Parcel Service in a research note on Friday, March 7th. They issued a "hold" rating and a $119.00 price objective for the company. Wall Street Zen cut United Parcel Service from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Loop Capital dropped their price target on United Parcel Service from $115.00 to $105.00 and set a "hold" rating on the stock in a research report on Wednesday, April 30th. JPMorgan Chase & Co. reduced their price objective on United Parcel Service from $120.00 to $115.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Finally, Stifel Nicolaus reduced their price target on shares of United Parcel Service from $145.00 to $124.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $119.29.

United Parcel Service Price Performance

NYSE UPS traded down $1.30 during trading on Friday, hitting $104.24. 2,961,254 shares of the company's stock were exchanged, compared to its average volume of 5,227,763. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The company has a market cap of $88.27 billion, a PE ratio of 13.37, a P/E/G ratio of 2.01 and a beta of 1.21. United Parcel Service, Inc. has a fifty-two week low of $90.55 and a fifty-two week high of $148.15. The stock's 50 day moving average price is $98.83 and its two-hundred day moving average price is $109.84.

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

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.29%. The ex-dividend date was Monday, May 19th. United Parcel Service's dividend payout ratio (DPR) is currently 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.