SG Trading Solutions LLC Takes Position in United Parcel Service, Inc. $UPS

Key Points

• SG Trading Solutions LLC opened a new position in United Parcel Service, buying 12,770 shares valued at about $1.27 million in the fourth quarter.
• UPS reported quarterly earnings of $1.07 per share, topping estimates, while revenue came in at $21.20 billion; however, revenue was still down 1.4% year over year.
• The company paid a quarterly dividend of $1.64 per share, implying an annualized yield of about 6.2%, though its payout ratio is elevated at 106.15%.

SG Trading Solutions LLC purchased a new stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 12,770 shares of the transportation company's stock, valued at approximately $1,267,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Potomac Fund Management Inc. ADV boosted its position in United Parcel Service by 0.8% in the 4th quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company's stock valued at $1,123,000 after buying an additional 90 shares during the last quarter. Westbourne Investments Inc. increased its position in shares of United Parcel Service by 1.2% during the fourth quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company's stock worth $781,000 after acquiring an additional 91 shares during the last quarter. Ipsen Advisor Group LLC increased its position in shares of United Parcel Service by 1.7% during the fourth quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company's stock worth $562,000 after acquiring an additional 95 shares during the last quarter. Webster Bank N. A. lifted its stake in shares of United Parcel Service by 16.7% in the fourth quarter. Webster Bank N. A. now owns 698 shares of the transportation company's stock worth $69,000 after acquiring an additional 100 shares in the last quarter. Finally, Peoples Financial Services CORP. lifted its stake in shares of United Parcel Service by 2.5% in the fourth quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company's stock worth $400,000 after acquiring an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $105.29 on Friday. The company has a market capitalization of $89.50 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 1.67 and a beta of 1.05. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The business has a 50 day simple moving average of $104.00 and a 200-day simple moving average of $104.47. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.50.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The business had revenue of $21.20 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period in the previous year, the business posted $1.49 EPS. The company's quarterly revenue was down 1.4% on a year-over-year basis. As a group, equities research analysts expect that United Parcel Service, Inc. will post 7.1 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 4th. Shareholders of record on Monday, May 18th were paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Monday, May 18th. United Parcel Service's payout ratio is presently 106.15%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UPS. Citigroup increased their price target on United Parcel Service from $118.00 to $127.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. Evercore cut their target price on United Parcel Service from $115.00 to $113.00 and set an "in-line" rating on the stock in a research report on Wednesday, April 22nd. Susquehanna increased their target price on United Parcel Service from $116.00 to $118.00 and gave the company a "neutral" rating in a research note on Wednesday, April 29th. Weiss Ratings downgraded shares of United Parcel Service from a "hold (c)" rating to a "sell (d+)" rating in a research report on Friday, May 8th. Finally, UBS Group decreased their price target on shares of United Parcel Service from $125.00 to $123.00 and set a "buy" rating for the company in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $111.50.

About United Parcel Service

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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