Vanguard Personalized Indexing Management LLC Increases Position in United Parcel Service, Inc. $UPS

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in United Parcel Service, Inc. by 42.8%, acquiring an additional 22,298 shares during the second quarter, bringing their total holdings to 74,443 shares worth $7,516,000.
• Insider trading has been active, with Director William R. Johnson purchasing 5,000 shares and CEO Carol B. Tome acquiring 11,682 shares, both resulting in significant increases in their respective positions.
• Recent analyst ratings show a mixed outlook, with several firms lowering their price targets for UPS, setting a consensus price target of $109.38 and a rating of "Hold."

Vanguard Personalized Indexing Management LLC grew its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 42.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,443 shares of the transportation company's stock after acquiring an additional 22,298 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in United Parcel Service were worth $7,516,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Founders Capital Management LLC increased its holdings in shares of United Parcel Service by 8.3% in the 2nd quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company's stock valued at $11,245,000 after acquiring an additional 8,579 shares during the period. Gallacher Capital Management LLC acquired a new stake in United Parcel Service in the first quarter worth about $620,000. Garde Capital Inc. acquired a new stake in United Parcel Service in the first quarter worth about $37,000. Capital CS Group LLC boosted its holdings in United Parcel Service by 3.6% in the second quarter. Capital CS Group LLC now owns 235,090 shares of the transportation company's stock worth $23,730,000 after acquiring an additional 8,070 shares in the last quarter. Finally, CX Institutional boosted its holdings in United Parcel Service by 39.9% in the second quarter. CX Institutional now owns 60,165 shares of the transportation company's stock worth $6,073,000 after acquiring an additional 17,152 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other United Parcel Service news, Director William R. Johnson purchased 5,000 shares of United Parcel Service stock in a transaction that occurred on Thursday, July 31st. The stock was bought at an average price of $86.50 per share, with a total value of $432,500.00. Following the acquisition, the director owned 10,160 shares of the company's stock, valued at $878,840. This trade represents a 96.90% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Carol B. Tome purchased 11,682 shares of United Parcel Service stock in a transaction that occurred on Friday, August 1st. The stock was acquired at an average cost of $85.67 per share, with a total value of $1,000,796.94. Following the acquisition, the chief executive officer directly owned 24,718 shares in the company, valued at $2,117,591.06. This trade represents a 89.61% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 17,182 shares of company stock valued at $1,477,382. 0.13% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Stifel Nicolaus lowered their price target on United Parcel Service from $124.00 to $120.00 and set a "buy" rating for the company in a report on Wednesday, July 30th. Morgan Stanley lowered their price target on United Parcel Service from $80.00 to $75.00 and set an "underweight" rating for the company in a report on Wednesday, July 30th. Oppenheimer lowered their price target on United Parcel Service from $114.00 to $100.00 and set an "outperform" rating for the company in a report on Wednesday, July 30th. Wells Fargo & Company dropped their price target on United Parcel Service from $98.00 to $91.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 30th. Finally, Vertical Research reiterated a "hold" rating and set a $103.00 price target on shares of United Parcel Service in a research note on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $109.38.

United Parcel Service Stock Performance

Shares of UPS stock opened at $82.97 on Monday. The stock has a market cap of $70.32 billion, a PE ratio of 12.35, a price-to-earnings-growth ratio of 1.53 and a beta of 1.10. The business has a 50-day simple moving average of $85.74 and a 200-day simple moving average of $94.22. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.51. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $145.01.

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

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were issued a $1.64 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $6.56 dividend on an annualized basis and a yield of 7.9%. United Parcel Service's dividend payout ratio is presently 97.62%.

United Parcel Service Company 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.

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