Nykredit A S Makes New Investment in United Parcel Service, Inc. $UPS

Key Points

• Nykredit A/S acquired 145,879 UPS shares during the second quarter, valued at approximately $15.7 million. Institutional investors collectively own 60.26% of the company.
• UPS reported quarterly earnings of $1.76 per share, beating estimates of $1.65, while revenue rose 7.6% year over year to $22.83 billion.
• Analysts maintain a consensus “Hold” rating with an average price target of $117.41. UPS shares opened at $102.30, and the company’s quarterly dividend implies a 6.4% annualized yield.

Nykredit A S acquired a new position in United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 145,879 shares of the transportation company's stock, valued at approximately $15,682,000.

A number of other hedge funds also recently made changes to their positions in UPS. University of Texas Texas AM Investment Management Co. purchased a new position in United Parcel Service during the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of United Parcel Service during the 4th quarter valued at $25,000. Coston McIsaac & Partners raised its position in shares of United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company's stock valued at $27,000 after purchasing an additional 119 shares during the period. Kemnay Advisory Services Inc. purchased a new position in shares of United Parcel Service during the 4th quarter valued at $29,000. Finally, Legacy Wealth Managment LLC ID boosted its holdings in United Parcel Service by 48.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company's stock worth $30,000 after buying an additional 101 shares during the period. 60.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Stifel Nicolaus increased their price target on United Parcel Service from $114.00 to $115.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Oppenheimer upped their price objective on United Parcel Service from $115.00 to $117.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. BMO Capital Markets increased their target price on United Parcel Service from $110.00 to $115.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 29th. Sanford C. Bernstein lifted their target price on United Parcel Service from $130.00 to $133.00 and gave the company an "outperform" rating in a research note on Tuesday, July 21st. Finally, Stephens lowered their price target on United Parcel Service from $135.00 to $130.00 and set an "overweight" rating on the stock in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $117.41.

United Parcel Service Stock Down 1.2%

Shares of UPS stock opened at $102.30 on Friday. The stock has a market cap of $87.03 billion, a P/E ratio of 19.01, a PEG ratio of 1.85 and a beta of 1.06. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. The company's fifty day simple moving average is $107.78 and its two-hundred day simple moving average is $105.49.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.65 by $0.11. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The firm had revenue of $22.83 billion during the quarter, compared to analyst estimates of $21.86 billion. During the same quarter last year, the business posted $1.55 earnings per share. The business's quarterly revenue was up 7.6% compared to the same quarter last year. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Analysts predict that United Parcel Service, Inc. will post 7.22 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.4%. The ex-dividend date was Monday, August 17th. United Parcel Service's dividend payout ratio (DPR) is currently 121.93%.

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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