Advisory Alpha LLC Buys 7,785 Shares of United Parcel Service, Inc. (NYSE:UPS)

Advisory Alpha LLC lifted its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 30.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,724 shares of the transportation company's stock after acquiring an additional 7,785 shares during the quarter. Advisory Alpha LLC's holdings in United Parcel Service were worth $3,709,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. S.E.E.D. Planning Group LLC raised its position in United Parcel Service by 1,938.4% in the 1st quarter. S.E.E.D. Planning Group LLC now owns 80,516 shares of the transportation company's stock worth $8,856,000 after purchasing an additional 76,566 shares during the last quarter. GAMMA Investing LLC raised its position in United Parcel Service by 10,980.3% in the 1st quarter. GAMMA Investing LLC now owns 719,555 shares of the transportation company's stock worth $79,144,000 after purchasing an additional 713,061 shares during the last quarter. Nexus Investment Management ULC raised its position in United Parcel Service by 0.8% in the 1st quarter. Nexus Investment Management ULC now owns 212,381 shares of the transportation company's stock worth $23,360,000 after purchasing an additional 1,781 shares during the last quarter. Exeter Financial LLC raised its position in United Parcel Service by 9.9% in the 1st quarter. Exeter Financial LLC now owns 22,823 shares of the transportation company's stock worth $2,510,000 after purchasing an additional 2,060 shares during the last quarter. Finally, Farmers Trust Co. raised its position in United Parcel Service by 21.4% in the 1st quarter. Farmers Trust Co. now owns 3,430 shares of the transportation company's stock worth $377,000 after purchasing an additional 605 shares during the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on UPS shares. Bank of America upped their target price on shares of United Parcel Service from $111.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Wall Street Zen cut shares of United Parcel Service from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Susquehanna dropped their target price on shares of United Parcel Service from $120.00 to $110.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. Hsbc Global Res cut shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 1st. Finally, Oppenheimer dropped their target price on shares of United Parcel Service from $126.00 to $114.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, United Parcel Service presently has an average rating of "Hold" and an average price target of $120.26.

United Parcel Service Stock Down 0.3%

NYSE UPS traded down $0.30 on Monday, reaching $97.24. The company had a trading volume of 4,273,131 shares, compared to its average volume of 5,142,543. The firm has a market capitalization of $82.35 billion, a price-to-earnings ratio of 14.39, a price-to-earnings-growth ratio of 1.55 and a beta of 1.23. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. United Parcel Service, Inc. has a 1-year low of $90.55 and a 1-year high of $148.15. The company's fifty day moving average is $98.56 and its 200-day moving average is $114.98.

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

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, May 19th will be paid a $1.64 dividend. The ex-dividend date is Monday, May 19th. This represents a $6.56 annualized dividend and a yield of 6.75%. 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.