Rowlandmiller & PARTNERS.ADV Acquires 3,007 Shares of United Parcel Service, Inc. (NYSE:UPS)

Rowlandmiller & PARTNERS.ADV grew its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 7.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,588 shares of the transportation company's stock after purchasing an additional 3,007 shares during the quarter. United Parcel Service comprises approximately 1.0% of Rowlandmiller & PARTNERS.ADV's investment portfolio, making the stock its 25th biggest position. Rowlandmiller & PARTNERS.ADV's holdings in United Parcel Service were worth $4,904,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. IMG Wealth Management Inc. acquired a new stake in shares of United Parcel Service during the fourth quarter worth $25,000. Generali Investments Management Co LLC acquired a new position in United Parcel Service in the 4th quarter valued at $26,000. Pinney & Scofield Inc. bought a new stake in shares of United Parcel Service during the 4th quarter valued at $27,000. Fourth Dimension Wealth LLC bought a new position in shares of United Parcel Service in the fourth quarter worth $28,000. Finally, Runnymede Capital Advisors Inc. bought a new position in shares of United Parcel Service in the fourth quarter worth $30,000. Institutional investors own 60.26% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on UPS shares. Wolfe Research reduced their price objective on United Parcel Service from $133.00 to $113.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. Barclays reduced their price target on shares of United Parcel Service from $100.00 to $90.00 and set an "underweight" rating on the stock in a research note on Monday, March 31st. Raymond James dropped their price objective on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating for the company in a research note on Wednesday, April 9th. Oppenheimer cut their target price on shares of United Parcel Service from $126.00 to $114.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Finally, Hsbc Global Res downgraded shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 1st. 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $120.26.

United Parcel Service Stock Down 0.7%

Shares of UPS traded down $0.74 on Thursday, reaching $100.42. The company's stock had a trading volume of 1,206,477 shares, compared to its average volume of 5,164,902. United Parcel Service, Inc. has a twelve month low of $90.55 and a twelve month high of $148.15. The stock has a market capitalization of $85.04 billion, a PE ratio of 14.86, a PEG ratio of 1.55 and a beta of 1.22. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The firm has a fifty day moving average of $97.22 and a 200-day moving average of $113.33.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share (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 analysts' expectations of $21.25 billion. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. United Parcel Service's quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 earnings per share. Equities analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The firm 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 was Monday, May 19th. This represents a $6.56 annualized dividend and a dividend yield of 6.53%. United Parcel Service's payout ratio is 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.