16,487 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by Aurdan Capital Management LLC

Aurdan Capital Management LLC purchased a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,487 shares of the transportation company's stock, valued at approximately $2,079,000.

A number of other large investors have also modified their holdings of the company. IMG Wealth Management Inc. purchased a new position in United Parcel Service during the fourth quarter valued at $25,000. Generali Investments Management Co LLC acquired a new position in shares of United Parcel Service during the 4th quarter valued at about $26,000. Pinney & Scofield Inc. purchased a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $27,000. Fourth Dimension Wealth LLC purchased a new position in United Parcel Service in the fourth quarter worth approximately $28,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in shares of United Parcel Service during the 4th quarter worth about $30,000. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service Trading Up 1.4%

Shares of UPS traded up $1.32 on Thursday, hitting $98.06. 4,591,814 shares of the stock traded hands, compared to its average volume of 5,133,724. United Parcel Service, Inc. has a 1 year low of $90.55 and a 1 year high of $148.15. The stock's 50 day moving average is $99.17 and its two-hundred day moving average is $115.69. The firm has a market capitalization of $83.03 billion, a P/E ratio of 14.51, a P/E/G ratio of 1.55 and a beta of 1.23. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, beating the consensus estimate 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 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 previous year, the firm posted $1.43 EPS. United Parcel Service's revenue was down .9% on a year-over-year basis. As a group, sell-side analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The firm 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 6.69%. United Parcel Service's payout ratio is currently 95.63%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UPS. Bank of America boosted their price objective on United Parcel Service from $111.00 to $115.00 and gave the company a "buy" rating in a report on Friday, May 16th. Truist Financial cut their price target on United Parcel Service from $140.00 to $130.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. Hsbc Global Res lowered United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 1st. Baird R W downgraded shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Friday, January 31st. Finally, Wall Street Zen downgraded shares of United Parcel Service from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, United Parcel Service has a consensus rating of "Hold" and an average target price of $120.26.

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.