Woodstock Corp Has $5.14 Million Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Woodstock Corp grew its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 11.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,709 shares of the transportation company's stock after purchasing an additional 4,943 shares during the period. Woodstock Corp's holdings in United Parcel Service were worth $5,138,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Pacific Sage Partners LLC grew its holdings in United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company's stock valued at $212,000 after buying an additional 77 shares during the period. Quent Capital LLC raised its position in shares of United Parcel Service by 16.7% in the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company's stock valued at $70,000 after purchasing an additional 80 shares in the last quarter. Altus Wealth Group LLC raised its position in shares of United Parcel Service by 4.6% in the 4th quarter. Altus Wealth Group LLC now owns 2,022 shares of the transportation company's stock valued at $255,000 after purchasing an additional 89 shares in the last quarter. Alliance Wealth Advisors LLC raised its position in shares of United Parcel Service by 3.8% in the 4th quarter. Alliance Wealth Advisors LLC now owns 2,559 shares of the transportation company's stock valued at $323,000 after purchasing an additional 94 shares in the last quarter. Finally, Morningstar Investment Management LLC raised its position in shares of United Parcel Service by 1.9% in the 4th quarter. Morningstar Investment Management LLC now owns 5,052 shares of the transportation company's stock valued at $637,000 after purchasing an additional 95 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

UPS stock traded down $1.06 during midday trading on Thursday, hitting $97.49. The stock had a trading volume of 2,313,432 shares, compared to its average volume of 5,137,814. The firm has a market capitalization of $82.55 billion, a price-to-earnings ratio of 14.42, a P/E/G ratio of 1.55 and a beta of 1.23. United Parcel Service, Inc. has a 52 week low of $90.55 and a 52 week high of $148.15. The stock has a 50-day simple moving average of $97.81 and a 200 day simple moving average of $114.49. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.38 by $0.11. The firm had revenue of $21.50 billion during 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% compared to the same quarter last year. During the same period last year, the business earned $1.43 earnings per share. As a group, equities 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 will be paid on Thursday, June 5th. Shareholders of record on Monday, May 19th will be issued a dividend of $1.64 per share. The ex-dividend date is Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.73%. United Parcel Service's payout ratio is presently 95.63%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UPS shares. Wall Street Zen lowered United Parcel Service from a "buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Susquehanna dropped their price target on United Parcel Service from $120.00 to $110.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 30th. BMO Capital Markets dropped their price target on United Parcel Service from $130.00 to $125.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Wolfe Research dropped their price target on United Parcel Service from $133.00 to $113.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Finally, Oppenheimer dropped their price target on 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. Two equities research 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. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $120.26.

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.