RIA Advisory Group LLC Grows Position in United Parcel Service, Inc. (NYSE:UPS)

RIA Advisory Group LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 798.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,919 shares of the transportation company's stock after buying an additional 15,925 shares during the quarter. United Parcel Service makes up approximately 0.8% of RIA Advisory Group LLC's investment portfolio, making the stock its 19th largest position. RIA Advisory Group LLC's holdings in United Parcel Service were worth $2,817,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its position in United Parcel Service by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 15,889,570 shares of the transportation company's stock valued at $2,456,055,000 after purchasing an additional 628,944 shares during the period. International Assets Investment Management LLC increased its position in United Parcel Service by 15,631.2% during the 4th quarter. International Assets Investment Management LLC now owns 14,502,261 shares of the transportation company's stock valued at $2,280,190,000 after purchasing an additional 14,410,073 shares during the period. Wellington Management Group LLP increased its position in United Parcel Service by 31.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,677,202 shares of the transportation company's stock valued at $1,508,385,000 after purchasing an additional 2,331,875 shares during the period. Northern Trust Corp increased its position in United Parcel Service by 0.6% during the 1st quarter. Northern Trust Corp now owns 9,273,417 shares of the transportation company's stock valued at $1,988,777,000 after purchasing an additional 54,401 shares during the period. Finally, Morgan Stanley increased its position in United Parcel Service by 33.7% during the 4th quarter. Morgan Stanley now owns 7,730,090 shares of the transportation company's stock valued at $1,343,799,000 after purchasing an additional 1,949,775 shares during the period. Institutional investors own 60.26% of the company's stock.

Insider Transactions at United Parcel Service

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

Analyst Ratings Changes

A number of analysts have weighed in on UPS shares. Raymond James decreased their target price on shares of United Parcel Service from $185.00 to $175.00 and set a "strong-buy" rating for the company in a research report on Wednesday, January 31st. Susquehanna reaffirmed a "neutral" rating and set a $150.00 price objective on shares of United Parcel Service in a research report on Wednesday, March 27th. Morgan Stanley raised their price objective on shares of United Parcel Service from $95.00 to $100.00 and gave the stock an "underweight" rating in a research report on Wednesday, March 27th. Robert W. Baird raised shares of United Parcel Service from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $165.00 to $170.00 in a research report on Friday, February 16th. Finally, Barclays reduced their price objective on shares of United Parcel Service from $150.00 to $145.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 31st. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $165.61.

United Parcel Service Stock Up 0.0 %

NYSE:UPS traded up $0.03 during trading hours on Friday, hitting $142.77. 5,064,272 shares of the company traded hands, compared to its average volume of 4,320,233. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.09. The firm's 50-day simple moving average is $149.48 and its 200-day simple moving average is $151.19. United Parcel Service, Inc. has a one year low of $133.68 and a one year high of $197.80. The company has a market cap of $121.73 billion, a PE ratio of 18.33, a PEG ratio of 1.65 and a beta of 1.05.

United Parcel Service (NYSE:UPS - Get Free Report) last issued 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. The business had revenue of $24.92 billion for the quarter, compared to analysts' expectations of $25.40 billion. United Parcel Service had a return on equity of 39.46% and a net margin of 7.37%. The business's revenue was down 7.8% on a year-over-year basis. During the same period last year, the business earned $3.62 EPS. Equities analysts predict that United Parcel Service, Inc. will post 8.2 earnings per share for the current year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Tuesday, February 20th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.57%. This is a boost from United Parcel Service's previous quarterly dividend of $1.62. The ex-dividend date of this dividend was Friday, February 16th. United Parcel Service's payout ratio is presently 83.70%.

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.