United Parcel Service, Inc. (NYSE:UPS) Holdings Increased by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC increased its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 10.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,093 shares of the transportation company's stock after acquiring an additional 4,897 shares during the quarter. Integrated Wealth Concepts LLC's holdings in United Parcel Service were worth $6,695,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. IMG Wealth Management Inc. acquired a new stake in shares of United Parcel Service in the fourth quarter valued at about $25,000. Generali Investments Management Co LLC acquired a new position in United Parcel Service during the fourth quarter worth about $26,000. IFS Advisors LLC increased its stake in shares of United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock worth $27,000 after purchasing an additional 151 shares in the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in United Parcel Service during the 4th quarter valued at $30,000. Finally, Transce3nd LLC purchased a new stake in shares of United Parcel Service in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service Stock Performance

UPS traded down $2.13 during trading on Wednesday, reaching $94.60. 2,126,577 shares of the company were exchanged, compared to its average volume of 4,877,524. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The stock has a market cap of $80.80 billion, a P/E ratio of 13.99, a PEG ratio of 1.55 and a beta of 1.10. United Parcel Service, Inc. has a 52 week low of $90.55 and a 52 week high of $153.42. The firm has a 50 day moving average of $107.82 and a 200 day moving average of $120.97.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.11. The business had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $21.25 billion. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 EPS. On average, sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.93%. This is a positive change from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service's dividend payout ratio is 97.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on UPS shares. Raymond James decreased their target price on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, April 9th. Evercore ISI boosted their target price on shares of United Parcel Service from $141.00 to $147.00 and gave the company an "in-line" rating in a report on Wednesday, January 22nd. BMO Capital Markets lowered their price objective on shares of United Parcel Service from $130.00 to $125.00 and set an "outperform" rating for the company in a research note on Wednesday. Citigroup dropped their price target on United Parcel Service from $149.00 to $123.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Finally, Morgan Stanley cut their price target on shares of United Parcel Service from $100.00 to $82.00 and set an "underweight" rating on the stock in a report on Friday, January 31st. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $125.27.

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.