Universal Beteiligungs und Servicegesellschaft mbH Sells 4,748 Shares of United Parcel Service, Inc. (NYSE:UPS)

Universal Beteiligungs und Servicegesellschaft mbH lowered its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 0.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 613,242 shares of the transportation company's stock after selling 4,748 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of United Parcel Service worth $67,450,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Y Intercept Hong Kong Ltd boosted its position in shares of United Parcel Service by 174.0% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 34,201 shares of the transportation company's stock valued at $3,762,000 after purchasing an additional 21,718 shares during the period. Ignite Planners LLC boosted its position in shares of United Parcel Service by 311.9% in the 1st quarter. Ignite Planners LLC now owns 17,245 shares of the transportation company's stock valued at $1,897,000 after purchasing an additional 13,058 shares during the period. Clifford Swan Investment Counsel LLC boosted its position in shares of United Parcel Service by 2.7% in the 1st quarter. Clifford Swan Investment Counsel LLC now owns 903,094 shares of the transportation company's stock valued at $99,331,000 after purchasing an additional 23,555 shares during the period. Gallacher Capital Management LLC acquired a new position in shares of United Parcel Service in the 1st quarter valued at $620,000. Finally, Miller Financial Services LLC boosted its position in shares of United Parcel Service by 6.9% in the 1st quarter. Miller Financial Services LLC now owns 18,543 shares of the transportation company's stock valued at $2,040,000 after purchasing an additional 1,197 shares during the period. Institutional investors own 60.26% of the company's stock.

Analyst Upgrades and Downgrades

UPS has been the subject of a number of research reports. Raymond James Financial decreased their price objective on United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating for the company in a research report on Wednesday, April 9th. HSBC downgraded United Parcel Service from a "buy" rating to a "hold" rating and set a $105.00 price objective for the company. in a report on Thursday, May 1st. Loop Capital dropped their price objective on United Parcel Service from $115.00 to $105.00 and set a "hold" rating on the stock in a research note on Wednesday, April 30th. UBS Group cut their price objective on United Parcel Service from $128.00 to $124.00 and set a "buy" rating on the stock in a report on Wednesday, July 2nd. Finally, Oppenheimer lowered their price objective on United Parcel Service from $126.00 to $114.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $118.22.

United Parcel Service Price Performance

Shares of UPS stock traded up $1.22 on Friday, reaching $103.75. The company's stock had a trading volume of 3,688,194 shares, compared to its average volume of 5,896,276. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24. United Parcel Service, Inc. has a 12-month low of $90.55 and a 12-month high of $145.01. The company has a market capitalization of $87.86 billion, a P/E ratio of 15.14, a PEG ratio of 1.99 and a beta of 1.21. The stock's 50 day simple moving average is $99.96 and its 200-day simple moving average is $107.51.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm's revenue was down .9% compared to the same quarter last year. During the same quarter last year, the business posted $1.43 earnings per share. As a group, equities analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were paid a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a yield of 6.32%. United Parcel Service's dividend payout ratio is presently 95.63%.

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.