Guyasuta Investment Advisors Inc. Sells 5,075 Shares of United Parcel Service, Inc. (NYSE:UPS)

Guyasuta Investment Advisors Inc. cut its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 10.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 43,806 shares of the transportation company's stock after selling 5,075 shares during the quarter. Guyasuta Investment Advisors Inc.'s holdings in United Parcel Service were worth $4,818,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. IMG Wealth Management Inc. acquired a new stake in United Parcel Service during the 4th quarter worth about $25,000. Generali Investments Management Co LLC acquired a new stake in United Parcel Service during the 4th quarter worth about $26,000. Pinney & Scofield Inc. acquired a new stake in United Parcel Service during the 4th quarter worth about $27,000. Fourth Dimension Wealth LLC acquired a new stake in United Parcel Service during the 4th quarter worth about $28,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in United Parcel Service during the 4th quarter worth about $30,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

NYSE UPS traded up $1.16 during trading on Monday, hitting $100.43. The company's stock had a trading volume of 5,073,581 shares, compared to its average volume of 5,188,871. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24. The firm has a 50 day moving average price of $97.77 and a 200 day moving average price of $111.42. The firm has a market cap of $85.04 billion, a P/E ratio of 14.64, a price-to-earnings-growth ratio of 1.74 and a beta of 1.22. United Parcel Service, Inc. has a 52 week low of $90.55 and a 52 week high of $148.15.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly 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 company had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.25 billion. United Parcel Service had a return on equity of 40.15% and a net margin of 6.44%. The company's revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the business posted $1.43 EPS. Equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.53%. The ex-dividend date was Monday, May 19th. United Parcel Service's dividend payout ratio is currently 95.63%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Hsbc Global Res lowered United Parcel Service from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 1st. BMO Capital Markets reduced their price target on United Parcel Service from $130.00 to $125.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft assumed coverage on United Parcel Service in a report on Friday, March 7th. They set a "hold" rating and a $119.00 price target for the company. Susquehanna reduced their price target on United Parcel Service from $120.00 to $110.00 and set a "neutral" rating for the company in a report on Wednesday, April 30th. Finally, HSBC lowered United Parcel Service from a "buy" rating to a "hold" rating and set a $105.00 price target for the company. in a report on Thursday, May 1st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $120.26.

About United Parcel Service

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.