Janus Henderson Group PLC Has $141.58 Million Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Janus Henderson Group PLC lifted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 316.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,122,886 shares of the transportation company's stock after acquiring an additional 853,388 shares during the period. Janus Henderson Group PLC owned approximately 0.13% of United Parcel Service worth $141,581,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in UPS. IMG Wealth Management Inc. bought a new stake in United Parcel Service during the fourth quarter worth about $25,000. Generali Investments Management Co LLC bought a new stake in United Parcel Service during the 4th quarter worth approximately $26,000. IFS Advisors LLC increased its holdings in United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock valued at $27,000 after purchasing an additional 151 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new position in United Parcel Service in the 4th quarter valued at $30,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new position in United Parcel Service in the 4th quarter valued at $31,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on UPS shares. BMO Capital Markets reduced their target price on shares of United Parcel Service from $130.00 to $125.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Morgan Stanley lowered their price objective on United Parcel Service from $100.00 to $82.00 and set an "underweight" rating for the company in a research report on Friday, January 31st. StockNews.com lowered shares of United Parcel Service from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Raymond James lowered their price target on shares of 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. Finally, Bank of America cut their price objective on shares of United Parcel Service from $133.00 to $129.00 and set a "buy" rating on the stock in a report on Tuesday, March 25th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, United Parcel Service presently has an average rating of "Hold" and a consensus target price of $120.87.

United Parcel Service Stock Up 0.6%

Shares of UPS stock traded up $0.61 during trading hours on Thursday, hitting $100.26. 4,521,184 shares of the company were exchanged, compared to its average volume of 5,055,312. The company has a market capitalization of $85.64 billion, a PE ratio of 14.83, a PEG ratio of 1.55 and a beta of 1.23. United Parcel Service, Inc. has a 52 week low of $90.55 and a 52 week high of $150.03. The business has a 50 day moving average of $103.07 and a two-hundred day moving average of $118.19. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.11. The firm 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 39.13% and a net margin of 6.35%. The company's revenue for the quarter was down .9% on a year-over-year basis. During the same quarter last year, the business posted $1.43 EPS. Analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.54%. The ex-dividend date of this dividend is Monday, May 19th. 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.