Albion Financial Group UT Has $3.16 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Albion Financial Group UT lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 27.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,694 shares of the transportation company's stock after selling 10,958 shares during the quarter. Albion Financial Group UT's holdings in United Parcel Service were worth $3,156,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LaFleur & Godfrey LLC boosted its position in shares of United Parcel Service by 62.8% during the fourth quarter. LaFleur & Godfrey LLC now owns 6,225 shares of the transportation company's stock worth $785,000 after buying an additional 2,401 shares during the period. Brighton Jones LLC lifted its stake in United Parcel Service by 63.8% in the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company's stock valued at $1,529,000 after acquiring an additional 4,723 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in United Parcel Service during the 4th quarter worth approximately $34,000. SVB Wealth LLC acquired a new position in United Parcel Service during the 4th quarter worth approximately $1,950,000. Finally, Metis Global Partners LLC grew its stake in shares of United Parcel Service by 4.6% during the 4th quarter. Metis Global Partners LLC now owns 31,214 shares of the transportation company's stock worth $3,936,000 after acquiring an additional 1,363 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on UPS. Deutsche Bank Aktiengesellschaft initiated coverage on shares of United Parcel Service in a research report on Friday, March 7th. They issued a "hold" rating and a $119.00 price objective on the stock. Barclays reduced their price objective on shares of United Parcel Service from $100.00 to $90.00 and set an "underweight" rating for the company in a research note on Monday, March 31st. Wall Street Zen cut United Parcel Service from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Oppenheimer dropped their target price on United Parcel Service from $126.00 to $114.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, UBS Group reduced their price target on United Parcel Service from $141.00 to $127.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. 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 Performance

NYSE:UPS traded down $0.23 during mid-day trading on Monday, hitting $100.95. 5,445,875 shares of the stock were exchanged, compared to its average volume of 5,189,621. The firm's 50-day simple moving average is $98.18 and its 200 day simple moving average is $110.44. The stock has a market capitalization of $85.48 billion, a price-to-earnings ratio of 14.72, a price-to-earnings-growth ratio of 1.78 and a beta of 1.22. United Parcel Service, Inc. has a fifty-two week low of $90.55 and a fifty-two week high of $148.15. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings data 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 firm 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 company's quarterly revenue was down .9% compared to the same quarter last year. During the same quarter last year, the business earned $1.43 EPS. As a group, equities analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.50%. The ex-dividend date was Monday, May 19th. 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.