Trilogy Capital Inc. Sells 23,151 Shares of United Parcel Service, Inc. $UPS

Trilogy Capital Inc. reduced its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 88.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,943 shares of the transportation company's stock after selling 23,151 shares during the quarter. Trilogy Capital Inc.'s holdings in United Parcel Service were worth $297,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of UPS. Bangor Savings Bank grew its holdings in shares of United Parcel Service by 1.9% during the second quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company's stock worth $546,000 after buying an additional 101 shares in the last quarter. First Dallas Securities Inc. grew its holdings in shares of United Parcel Service by 0.9% during the first quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company's stock worth $1,256,000 after buying an additional 102 shares in the last quarter. TCV Trust & Wealth Management Inc. grew its holdings in shares of United Parcel Service by 1.4% during the first quarter. TCV Trust & Wealth Management Inc. now owns 7,544 shares of the transportation company's stock worth $830,000 after buying an additional 103 shares in the last quarter. Fortis Capital Advisors LLC grew its holdings in shares of United Parcel Service by 3.4% during the first quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company's stock worth $350,000 after buying an additional 104 shares in the last quarter. Finally, Wright Investors Service Inc. grew its holdings in shares of United Parcel Service by 1.3% during the second quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company's stock worth $793,000 after buying an additional 104 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Christiana Smith Shi acquired 500 shares of the stock in a transaction on Friday, August 22nd. The shares were purchased at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the purchase, the director directly owned 500 shares in the company, valued at approximately $44,085. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Carol B. Tome acquired 11,682 shares of the stock in a transaction on Friday, August 1st. The shares were bought at an average price of $85.67 per share, for a total transaction of $1,000,796.94. Following the purchase, the chief executive officer owned 24,718 shares in the company, valued at approximately $2,117,591.06. This trade represents a 89.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 17,182 shares of company stock worth $1,477,382 in the last 90 days. Company insiders own 0.13% of the company's stock.

United Parcel Service Stock Performance

NYSE:UPS opened at $85.65 on Friday. The stock has a market cap of $72.60 billion, a P/E ratio of 12.75, a PEG ratio of 1.55 and a beta of 1.10. The stock has a 50 day simple moving average of $86.54 and a 200 day simple moving average of $95.70. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.51. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $145.01.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The transportation company reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.56 by ($0.01). The firm had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.90 billion. United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.The business's revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.79 earnings per share. Research analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Monday, August 18th were paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date was Monday, August 18th. United Parcel Service's dividend payout ratio (DPR) is 97.62%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UPS. Wall Street Zen cut United Parcel Service from a "hold" rating to a "sell" rating in a research report on Saturday, September 20th. Stifel Nicolaus reduced their price target on United Parcel Service from $124.00 to $120.00 and set a "buy" rating for the company in a research report on Wednesday, July 30th. BNP Paribas Exane raised United Parcel Service from an "underperform" rating to a "neutral" rating and set a $100.00 price target for the company in a research report on Thursday, July 3rd. Galvan Research reduced their price target on United Parcel Service from $126.00 to $124.00 and set a "buy" rating for the company in a research report on Monday, June 30th. Finally, Morgan Stanley reduced their price target on United Parcel Service from $80.00 to $75.00 and set an "underweight" rating for the company in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, United Parcel Service presently has an average rating of "Hold" and a consensus price target of $110.41.

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.

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.