Jefferies Financial Group Inc. Sells 37,529 Shares of United Parcel Service, Inc. (NYSE:UPS)

Jefferies Financial Group Inc. lowered its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 81.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,572 shares of the transportation company's stock after selling 37,529 shares during the period. Jefferies Financial Group Inc.'s holdings in United Parcel Service were worth $1,081,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Pacific Sage Partners LLC grew its stake in shares of United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company's stock worth $212,000 after buying an additional 77 shares during the last quarter. Quent Capital LLC grew its stake in shares of United Parcel Service by 16.7% in the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company's stock worth $70,000 after buying an additional 80 shares during the last quarter. Altus Wealth Group LLC grew its stake in shares of United Parcel Service by 4.6% in the 4th quarter. Altus Wealth Group LLC now owns 2,022 shares of the transportation company's stock worth $255,000 after buying an additional 89 shares during the last quarter. Empirical Asset Management LLC grew its stake in shares of United Parcel Service by 0.8% in the 4th quarter. Empirical Asset Management LLC now owns 12,036 shares of the transportation company's stock worth $1,518,000 after buying an additional 93 shares during the last quarter. Finally, Alliance Wealth Advisors LLC grew its stake in shares of United Parcel Service by 3.8% in the 4th quarter. Alliance Wealth Advisors LLC now owns 2,559 shares of the transportation company's stock worth $323,000 after buying an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Price Performance

United Parcel Service stock opened at $99.54 on Thursday. United Parcel Service, Inc. has a 52-week low of $90.55 and a 52-week high of $150.03. The firm has a market capitalization of $85.02 billion, a price-to-earnings ratio of 14.72, a PEG ratio of 1.55 and a beta of 1.23. The company has a fifty day simple moving average of $103.07 and a 200-day simple moving average of $118.19. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results 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 business had revenue of $21.50 billion during the quarter, compared to analyst estimates 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 in the prior year, the firm earned $1.43 earnings per share. On average, equities analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, May 19th will be issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.59%. The ex-dividend date is Monday, May 19th. United Parcel Service's dividend payout ratio is currently 95.63%.

Wall Street Analysts Forecast Growth

UPS has been the topic of several recent analyst reports. Galvan Research cut their target price on United Parcel Service from $147.00 to $133.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Bank of America reduced their price objective on United Parcel Service from $133.00 to $129.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Raymond James lowered 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 note on Wednesday, April 9th. Evercore ISI lifted their price target on shares of United Parcel Service from $141.00 to $147.00 and gave the stock an "in-line" rating in a research note on Wednesday, January 22nd. Finally, UBS Group reduced their price target on shares of United Parcel Service from $141.00 to $127.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $120.87.

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.

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