United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. trimmed its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 340,799 shares of the transportation company's stock after selling 11,800 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in United Parcel Service were worth $53,584,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UPS. VisionPoint Advisory Group LLC bought a new position in shares of United Parcel Service during the 2nd quarter valued at about $25,000. OFI Invest Asset Management bought a new position in United Parcel Service during the third quarter valued at approximately $25,000. IMA Wealth Inc. raised its stake in shares of United Parcel Service by 100.0% during the second quarter. IMA Wealth Inc. now owns 142 shares of the transportation company's stock worth $25,000 after acquiring an additional 71 shares in the last quarter. Pacific Center for Financial Services bought a new stake in shares of United Parcel Service in the 1st quarter worth approximately $25,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in shares of United Parcel Service in the 4th quarter worth approximately $26,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Stock Down 2.8 %

Shares of United Parcel Service stock traded down $4.10 on Friday, reaching $144.91. The company's stock had a trading volume of 4,123,853 shares, compared to its average volume of 4,859,801. The company has a market capitalization of $123.56 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 1.73 and a beta of 1.05. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.09. United Parcel Service, Inc. has a 52 week low of $133.68 and a 52 week high of $197.80. The firm's fifty day simple moving average is $149.70 and its two-hundred day simple moving average is $151.57.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings data on Tuesday, January 30th. The transportation company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.46 by $0.01. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The firm had revenue of $24.92 billion during the quarter, compared to analysts' expectations of $25.40 billion. During the same period in the previous year, the company earned $3.62 earnings per share. The firm's quarterly revenue was down 7.8% on a year-over-year basis. Equities analysts anticipate that United Parcel Service, Inc. will post 8.21 earnings per share for the current year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Tuesday, February 20th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend was Friday, February 16th. This is a boost from United Parcel Service's previous quarterly dividend of $1.62. United Parcel Service's dividend payout ratio is 83.70%.

Insider Buying and Selling

In other United Parcel Service news, Director Eva C. Boratto acquired 1,400 shares of the business's stock in a transaction dated Friday, February 2nd. The stock was purchased at an average price of $142.30 per share, with a total value of $199,220.00. Following the transaction, the director now directly owns 1,400 shares in the company, valued at approximately $199,220. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Barclays lowered their target price on United Parcel Service from $150.00 to $145.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 31st. Raymond James cut their target price on shares of United Parcel Service from $185.00 to $175.00 and set a "strong-buy" rating on the stock in a report on Wednesday, January 31st. Stifel Nicolaus decreased their target price on shares of United Parcel Service from $178.00 to $170.00 and set a "buy" rating on the stock in a research note on Thursday, March 28th. Argus cut shares of United Parcel Service from a "buy" rating to a "hold" rating in a research report on Wednesday, January 31st. Finally, Evercore ISI restated an "in-line" rating and issued a $154.00 price objective on shares of United Parcel Service in a research report on Wednesday, March 27th. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $165.61.

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.