Focus Partners Advisor Solutions LLC Has $1.99 Million Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Focus Partners Advisor Solutions LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 73.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,753 shares of the transportation company's stock after purchasing an additional 6,676 shares during the period. Focus Partners Advisor Solutions LLC's holdings in United Parcel Service were worth $1,987,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPS. IMG Wealth Management Inc. bought a new stake in United Parcel Service during the fourth quarter worth $25,000. Generali Investments Management Co LLC acquired a new position in shares of United Parcel Service during the 4th quarter worth approximately $26,000. Runnymede Capital Advisors Inc. bought a new stake in United Parcel Service in the 4th quarter valued at $30,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in United Parcel Service during the fourth quarter worth $31,000. Finally, Transce3nd LLC acquired a new position in shares of United Parcel Service in the fourth quarter valued at $33,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Oppenheimer cut 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 note on Wednesday, April 30th. Wolfe Research cut their price objective on shares of United Parcel Service from $133.00 to $113.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. Galvan Research decreased their target price on United Parcel Service from $147.00 to $133.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. UBS Group dropped their price target on United Parcel Service from $141.00 to $127.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. Finally, Barclays reduced their price target on 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. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $120.26.

United Parcel Service Price Performance

Shares of United Parcel Service stock traded down $1.58 during midday trading on Friday, hitting $95.39. 3,314,170 shares of the company traded hands, compared to its average volume of 5,121,401. The firm's fifty day moving average price is $100.84 and its 200-day moving average price is $116.72. The stock has a market cap of $80.77 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 1.55 and a beta of 1.23. United Parcel Service, Inc. has a 12 month low of $90.55 and a 12 month high of $148.15. 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 (NYSE:UPS - Get Free Report) last posted its earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates 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 net margin of 6.35% and a return on equity of 39.13%. The company's revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.43 earnings per share. As a group, sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Monday, May 19th will be given a $1.64 dividend. The ex-dividend date is Monday, May 19th. This represents a $6.56 annualized dividend and a yield of 6.88%. United Parcel Service's dividend payout ratio is presently 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.