National Pension Service Purchases 20,760 Shares of United Parcel Service, Inc. (NYSE:UPS)

National Pension Service increased its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,129,881 shares of the transportation company's stock after purchasing an additional 20,760 shares during the quarter. National Pension Service owned approximately 0.13% of United Parcel Service worth $177,651,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UPS. Harbor Capital Advisors Inc. lifted its stake in shares of United Parcel Service by 0.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company's stock worth $2,756,000 after buying an additional 64 shares in the last quarter. First Financial Corp IN increased its holdings in shares of United Parcel Service by 24.2% in the 4th quarter. First Financial Corp IN now owns 334 shares of the transportation company's stock worth $53,000 after purchasing an additional 65 shares in the last quarter. Gleason Group Inc. raised its stake in shares of United Parcel Service by 1.1% in the fourth quarter. Gleason Group Inc. now owns 6,351 shares of the transportation company's stock worth $999,000 after purchasing an additional 66 shares during the last quarter. Advisors Capital Management LLC lifted its holdings in shares of United Parcel Service by 0.5% during the third quarter. Advisors Capital Management LLC now owns 15,085 shares of the transportation company's stock valued at $2,351,000 after purchasing an additional 69 shares in the last quarter. Finally, Dfpg Investments LLC boosted its position in shares of United Parcel Service by 0.3% during the fourth quarter. Dfpg Investments LLC now owns 25,270 shares of the transportation company's stock valued at $3,981,000 after buying an additional 69 shares during the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Trading Up 0.5 %

United Parcel Service stock traded up $0.68 during midday trading on Wednesday, reaching $147.77. The stock had a trading volume of 2,799,596 shares, compared to its average volume of 4,164,817. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 1.11. The firm has a market cap of $126.00 billion, a price-to-earnings ratio of 21.42, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05. United Parcel Service, Inc. has a 52-week low of $133.68 and a 52-week high of $192.98. The company has a fifty day moving average of $149.35 and a 200 day moving average of $150.53.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.33 by $0.10. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The company had revenue of $21.70 billion for the quarter, compared to the consensus estimate of $21.84 billion. During the same quarter in the prior year, the company posted $2.20 EPS. United Parcel Service's quarterly revenue was down 5.3% on a year-over-year basis. On average, analysts anticipate that United Parcel Service, Inc. will post 8.23 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Monday, May 13th will be issued a $1.63 dividend. The ex-dividend date is Friday, May 10th. This represents a $6.52 annualized dividend and a dividend yield of 4.41%. United Parcel Service's payout ratio is currently 94.49%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. TheStreet raised shares of United Parcel Service from a "c" rating to a "b-" rating in a research report on Tuesday, January 30th. Argus cut United Parcel Service from a "buy" rating to a "hold" rating in a report on Wednesday, January 31st. JPMorgan Chase & Co. cut their price objective on shares of United Parcel Service from $154.00 to $150.00 and set a "neutral" rating for the company in a report on Tuesday, April 9th. TD Cowen dropped their target price on shares of United Parcel Service from $147.00 to $140.00 and set a "hold" rating for the company in a research report on Thursday, March 28th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of United Parcel Service from $183.00 to $179.00 and set a "buy" rating on the stock in a report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight 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 a consensus rating of "Hold" and an average price target of $165.23.

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.

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