Great Valley Advisor Group Inc. Has $1.58 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Great Valley Advisor Group Inc. reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 40.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 12,544 shares of the transportation company's stock after selling 8,504 shares during the period. Great Valley Advisor Group Inc.'s holdings in United Parcel Service were worth $1,582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. acquired a new stake in United Parcel Service in the 4th quarter worth about $25,000. Generali Investments Management Co LLC acquired a new stake in United Parcel Service in the 4th quarter worth about $26,000. Pinney & Scofield Inc. acquired a new stake in United Parcel Service in the 4th quarter worth about $27,000. Fourth Dimension Wealth LLC acquired a new position in shares of United Parcel Service during the 4th quarter worth approximately $28,000. Finally, Runnymede Capital Advisors Inc. acquired a new position in shares of United Parcel Service during the 4th quarter worth approximately $30,000. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. UBS Group lowered their target price on United Parcel Service from $141.00 to $127.00 and set a "buy" rating on the stock in a report on Thursday, April 3rd. Citigroup reduced their price target on shares of United Parcel Service from $149.00 to $123.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Loop Capital cut their target price on United Parcel Service from $115.00 to $105.00 and set a "hold" rating on the stock in a research report on Wednesday, April 30th. Susquehanna dropped their price target on shares of United Parcel Service from $120.00 to $110.00 and set a "neutral" rating for the company in a research note on Wednesday, April 30th. Finally, Oppenheimer decreased their price objective 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. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $120.26.

United Parcel Service Trading Down 0.6%

Shares of UPS stock traded down $0.60 during mid-day trading on Friday, hitting $97.50. 6,763,138 shares of the company's stock were exchanged, compared to its average volume of 5,144,797. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The stock has a market cap of $82.56 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 1.55 and a beta of 1.23. The stock has a 50-day simple moving average of $98.81 and a two-hundred day simple moving average of $115.46. United Parcel Service, Inc. has a fifty-two week low of $90.55 and a fifty-two week high of $148.15.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.38 by $0.11. The company had revenue of $21.50 billion for the quarter, compared to analyst estimates of $21.25 billion. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. The firm's revenue was down .9% compared to the same quarter last year. During the same period last year, the company posted $1.43 earnings per share. Equities analysts expect 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 will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be given a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $6.56 annualized dividend and a dividend yield of 6.73%. United Parcel Service's dividend payout ratio is presently 95.63%.

About United Parcel Service

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.