Integrity Alliance LLC. Has $2.37 Million Stock Holdings in United Parcel Service, Inc. $UPS

Key Points

• Integrity Alliance LLC increased its holdings in United Parcel Service, Inc. by 137.5%, buying an additional 12,460 shares, bringing its total to 21,522 shares valued at about $2.37 million.
• UPS recently declared a quarterly dividend of $1.64 per share, amounting to an annual yield of 7.8%, with a payout ratio of 97.62%.
• The company's stock has underperformed, with a current share price of $83.91 following a decline of 0.6%, and a recent earnings report that missed analyst expectations by $0.01.

Integrity Alliance LLC. boosted its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 137.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,522 shares of the transportation company's stock after purchasing an additional 12,460 shares during the period. Integrity Alliance LLC.'s holdings in United Parcel Service were worth $2,367,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its position in United Parcel Service by 124.0% during the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company's stock worth $991,132,000 after buying an additional 4,988,044 shares in the last quarter. Pacer Advisors Inc. increased its position in United Parcel Service by 1,056.6% during the first quarter. Pacer Advisors Inc. now owns 4,336,175 shares of the transportation company's stock worth $476,936,000 after buying an additional 3,961,255 shares in the last quarter. Nuveen LLC purchased a new position in United Parcel Service during the first quarter worth $201,358,000. Charles Schwab Investment Management Inc. increased its position in United Parcel Service by 7.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company's stock worth $2,754,751,000 after buying an additional 1,780,807 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in United Parcel Service by 582.0% during the first quarter. AQR Capital Management LLC now owns 1,180,709 shares of the transportation company's stock worth $128,886,000 after buying an additional 1,007,585 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at United Parcel Service

In other United Parcel Service news, Director William R. Johnson bought 5,000 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were purchased at an average cost of $86.50 per share, for a total transaction of $432,500.00. Following the transaction, the director directly owned 10,160 shares in the company, valued at $878,840. The trade was a 96.90% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Carol B. Tome purchased 11,682 shares of the stock in a transaction dated Friday, August 1st. The shares were purchased at an average price of $85.67 per share, for a total transaction of $1,000,796.94. Following the completion of the transaction, the chief executive officer owned 24,718 shares in the company, valued at $2,117,591.06. This trade represents a 89.61% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 17,182 shares of company stock worth $1,477,382. 0.13% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on UPS shares. Vertical Research reissued a "hold" rating and set a $103.00 price target on shares of United Parcel Service in a research report on Wednesday, July 30th. Barclays decreased their price objective on United Parcel Service from $90.00 to $80.00 and set an "underweight" rating on the stock in a report on Thursday, July 31st. UBS Group lowered their price objective on United Parcel Service from $124.00 to $118.00 and set a "buy" rating for the company in a research report on Wednesday, July 30th. BNP Paribas Exane raised United Parcel Service from an "underperform" rating to a "neutral" rating and set a $100.00 price objective for the company in a research report on Thursday, July 3rd. Finally, Susquehanna lowered their price objective on United Parcel Service from $110.00 to $100.00 and set a "neutral" rating for the company in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, United Parcel Service has a consensus rating of "Hold" and a consensus price target of $112.34.

United Parcel Service Stock Down 0.3%

Shares of NYSE:UPS traded down $0.25 during trading on Friday, hitting $84.40. The company's stock had a trading volume of 5,538,954 shares, compared to its average volume of 7,754,306. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.32 and a current ratio of 1.32. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $145.01. The stock's 50-day moving average price is $91.22 and its two-hundred day moving average price is $98.96. The company has a market capitalization of $71.53 billion, a PE ratio of 12.56, a PEG ratio of 1.56 and a beta of 1.08.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The transportation company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.01). United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.The business had revenue of $21.20 billion during the quarter, compared to analyst estimates of $20.90 billion. During the same quarter last year, the firm posted $1.79 EPS. The company's revenue was down 2.7% compared to the same quarter last year. As a group, sell-side analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was Monday, August 18th. United Parcel Service's dividend payout ratio is presently 97.62%.

United Parcel Service Company 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.