DB&C Advisors LLC Makes New Investment in United Parcel Service, Inc. $UPS

DB&C Advisors LLC acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,726 shares of the transportation company's stock, valued at approximately $1,064,000. United Parcel Service makes up 1.3% of DB&C Advisors LLC's holdings, making the stock its 21st biggest holding.

Several other large investors have also recently bought and sold shares of the company. Westbourne Investments Inc. lifted its holdings in United Parcel Service by 1.2% during the 4th quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company's stock worth $781,000 after buying an additional 91 shares in the last quarter. Ipsen Advisor Group LLC raised its position in shares of United Parcel Service by 1.7% during the 4th quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company's stock valued at $562,000 after acquiring an additional 95 shares during the last quarter. Webster Bank N. A. raised its position in shares of United Parcel Service by 16.7% during the 4th quarter. Webster Bank N. A. now owns 698 shares of the transportation company's stock valued at $69,000 after acquiring an additional 100 shares during the last quarter. Peoples Financial Services CORP. raised its position in shares of United Parcel Service by 2.5% during the 4th quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company's stock valued at $400,000 after acquiring an additional 100 shares during the last quarter. Finally, Argyle Capital Management LLC raised its position in shares of United Parcel Service by 0.4% during the 4th quarter. Argyle Capital Management LLC now owns 27,505 shares of the transportation company's stock valued at $2,728,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Citigroup upped their target price on shares of United Parcel Service from $118.00 to $127.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Weiss Ratings cut shares of United Parcel Service from a "hold (c)" rating to a "sell (d+)" rating in a research report on Friday, May 8th. Evercore dropped their target price on shares of United Parcel Service from $115.00 to $113.00 and set an "in-line" rating for the company in a research report on Wednesday, April 22nd. Susquehanna upped their price objective on shares of United Parcel Service from $116.00 to $118.00 and gave the company a "neutral" rating in a research report on Wednesday, April 29th. Finally, UBS Group lowered their price objective on shares of United Parcel Service from $125.00 to $123.00 and set a "buy" rating for the company in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $111.50.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $108.65 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.21 and a quick ratio of 1.21. The business has a 50-day moving average of $102.18 and a 200-day moving average of $103.56. The stock has a market capitalization of $92.35 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 1.73 and a beta of 1.05. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the prior year, the company posted $1.49 earnings per share. United Parcel Service's revenue was down 1.4% on a year-over-year basis. As a group, sell-side analysts predict that United Parcel Service, Inc. will post 7.1 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, May 18th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.0%. The ex-dividend date was Monday, May 18th. United Parcel Service's dividend payout ratio is presently 106.15%.

United Parcel Service Company Profile

United Parcel Service NYSE: UPS is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

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