Isthmus Partners LLC Has $11.07 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Isthmus Partners LLC lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 17.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,637 shares of the transportation company's stock after purchasing an additional 14,927 shares during the quarter. Isthmus Partners LLC's holdings in United Parcel Service were worth $11,069,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in UPS. Vanguard Group Inc. increased its holdings in shares of United Parcel Service by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 65,136,394 shares of the transportation company's stock worth $8,213,699,000 after buying an additional 370,705 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of United Parcel Service by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 15,704,334 shares of the transportation company's stock valued at $1,979,695,000 after acquiring an additional 414,710 shares in the last quarter. Franklin Resources Inc. grew its position in United Parcel Service by 15.6% during the 4th quarter. Franklin Resources Inc. now owns 10,979,909 shares of the transportation company's stock worth $1,384,567,000 after acquiring an additional 1,484,452 shares during the last quarter. FMR LLC increased its holdings in United Parcel Service by 2.5% in the 4th quarter. FMR LLC now owns 10,895,828 shares of the transportation company's stock worth $1,373,964,000 after purchasing an additional 268,278 shares in the last quarter. Finally, Norges Bank bought a new position in United Parcel Service in the fourth quarter valued at about $1,075,393,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

Shares of UPS stock opened at $101.29 on Friday. The firm has a 50 day moving average of $99.42 and a 200-day moving average of $108.94. The company has a market cap of $85.77 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 1.95 and a beta of 1.21. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24. United Parcel Service, Inc. has a 52 week low of $90.55 and a 52 week high of $148.15.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.11. United Parcel Service had a net margin of 6.44% and a return on equity of 40.15%. The business had revenue of $21.50 billion during the quarter, compared to analysts' expectations of $21.25 billion. During the same period last year, the company posted $1.43 earnings per share. The business's quarterly revenue was down .9% on a year-over-year basis. On average, equities 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 was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were paid a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $6.56 annualized dividend and a dividend yield of 6.48%. United Parcel Service's dividend payout ratio is presently 95.63%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on UPS shares. Galvan Research reduced their price target on United Parcel Service from $147.00 to $133.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. BNP Paribas raised shares of United Parcel Service to a "hold" rating in a report on Thursday, July 3rd. Barclays decreased their price target on shares of United Parcel Service from $100.00 to $90.00 and set an "underweight" rating for the company in a research report on Monday, March 31st. UBS Group cut their price target on shares of United Parcel Service from $128.00 to $124.00 and set a "buy" rating on the stock in a report on Wednesday, July 2nd. Finally, Citigroup boosted their price objective on shares of United Parcel Service from $122.00 to $127.00 and gave the stock a "buy" rating in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, United Parcel Service presently has a consensus rating of "Hold" and a consensus target price of $119.13.

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.

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