United Parcel Service, Inc. $UPS Shares Purchased by Jaffetilchin Investment Partners LLC

Key Points

• Jaffetilchin Investment Partners raised its stake in United Parcel Service by 192.7% in Q4, buying an additional 12,993 shares to hold 19,734 shares worth $1.957 million.
• UPS beat Q4 estimates with $2.38 EPS (vs. $2.20 consensus) and $24.48B in revenue (above $23.91B) but revenue fell 3.2% year-over-year; analysts carry a consensus "Hold" rating with an average target of $113.67.
• UPS recently paid a quarterly dividend of $1.64 ($6.56 annualized), implying a 6.9% yield and a payout ratio of 100%.

Jaffetilchin Investment Partners LLC raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 192.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,734 shares of the transportation company's stock after acquiring an additional 12,993 shares during the period. Jaffetilchin Investment Partners LLC's holdings in United Parcel Service were worth $1,957,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of UPS. Vanguard Group Inc. increased its holdings in shares of United Parcel Service by 0.6% in the third quarter. Vanguard Group Inc. now owns 67,277,988 shares of the transportation company's stock valued at $5,619,730,000 after purchasing an additional 372,850 shares during the period. State Street Corp lifted its holdings in shares of United Parcel Service by 0.9% during the third quarter. State Street Corp now owns 31,063,250 shares of the transportation company's stock worth $2,594,713,000 after purchasing an additional 288,720 shares during the period. Victory Capital Management Inc. grew its position in United Parcel Service by 10.5% in the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company's stock valued at $667,109,000 after buying an additional 761,217 shares during the last quarter. Invesco Ltd. increased its stake in United Parcel Service by 17.3% in the 3rd quarter. Invesco Ltd. now owns 6,724,265 shares of the transportation company's stock valued at $561,678,000 after buying an additional 993,461 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in United Parcel Service by 10.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,072,282 shares of the transportation company's stock valued at $423,746,000 after buying an additional 486,384 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Up 0.0%

United Parcel Service stock opened at $94.85 on Tuesday. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The firm has a market capitalization of $80.53 billion, a price-to-earnings ratio of 14.46, a price-to-earnings-growth ratio of 1.49 and a beta of 1.08. The stock's fifty day moving average is $107.93 and its two-hundred day moving average is $98.91. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.22 and a current ratio of 1.22.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.18. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The business had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. During the same quarter in the previous year, the company posted $2.75 EPS. The business's revenue was down 3.2% on a year-over-year basis. Analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were given a dividend of $1.64 per share. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.9%. United Parcel Service's payout ratio is presently 100.00%.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the company's stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total value of $2,655,236.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.19% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on UPS. Deutsche Bank Aktiengesellschaft raised their target price on shares of United Parcel Service from $88.00 to $106.00 and gave the stock a "hold" rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. boosted their price target on shares of United Parcel Service from $99.00 to $107.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 28th. Bank of America raised shares of United Parcel Service from an "underperform" rating to a "neutral" rating and set a $114.00 price target for the company in a report on Friday, January 9th. TD Cowen raised their price objective on shares of United Parcel Service from $101.00 to $115.00 and gave the company a "hold" rating in a research report on Wednesday, January 28th. Finally, Jefferies Financial Group lifted their price objective on United Parcel Service from $115.00 to $130.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $113.67.

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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