United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Sava Infond d.o.o.

Sava Infond d.o.o. reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 79.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,670 shares of the transportation company's stock after selling 6,540 shares during the period. Sava Infond d.o.o.'s holdings in United Parcel Service were worth $184,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. LaFleur & Godfrey LLC grew its stake in shares of United Parcel Service by 62.8% during the 4th quarter. LaFleur & Godfrey LLC now owns 6,225 shares of the transportation company's stock valued at $785,000 after buying an additional 2,401 shares during the period. Brighton Jones LLC boosted its holdings in United Parcel Service by 63.8% in the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company's stock valued at $1,529,000 after acquiring an additional 4,723 shares during the last quarter. Sigma Planning Corp boosted its holdings in United Parcel Service by 8.1% in the fourth quarter. Sigma Planning Corp now owns 13,878 shares of the transportation company's stock valued at $1,750,000 after acquiring an additional 1,034 shares during the last quarter. Fisher Funds Management LTD purchased a new stake in United Parcel Service during the fourth quarter valued at about $4,366,000. Finally, Howard Capital Management Inc. increased its stake in United Parcel Service by 13.5% during the fourth quarter. Howard Capital Management Inc. now owns 7,182 shares of the transportation company's stock worth $906,000 after acquiring an additional 852 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on UPS shares. Oppenheimer cut their price objective on United Parcel Service from $126.00 to $114.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Hsbc Global Res downgraded shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 1st. Barclays cut 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 report on Monday, March 31st. Galvan Research decreased their price objective on shares of United Parcel Service from $147.00 to $133.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Finally, Wall Street Zen lowered shares of United Parcel Service from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $120.26.

United Parcel Service Stock Down 1.1%

Shares of NYSE:UPS traded down $1.12 during trading on Wednesday, hitting $99.50. The company's stock had a trading volume of 6,056,318 shares, compared to its average volume of 5,192,301. The company has a market capitalization of $84.26 billion, a PE ratio of 14.50, a PEG ratio of 1.76 and a beta of 1.22. United Parcel Service, Inc. has a fifty-two week low of $90.55 and a fifty-two week high of $148.15. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The stock's 50-day moving average price is $97.89 and its two-hundred day moving average price is $111.17.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.11. United Parcel Service had a return on equity of 40.15% and a net margin of 6.44%. The company had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.25 billion. During the same period in the previous year, the business earned $1.43 EPS. United Parcel Service's revenue for the quarter was down .9% 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, June 5th. Investors 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 dividend on an annualized basis and a dividend yield of 6.59%. United Parcel Service's dividend payout ratio (DPR) is presently 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.