Certified Advisory Corp Has $302,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Certified Advisory Corp decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 91.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,923 shares of the transportation company's stock after selling 21,132 shares during the period. Certified Advisory Corp's holdings in United Parcel Service were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Chesapeake Wealth Management increased its stake in United Parcel Service by 1.3% in the 3rd quarter. Chesapeake Wealth Management now owns 7,886 shares of the transportation company's stock worth $1,229,000 after purchasing an additional 103 shares in the last quarter. Cerity Partners LLC boosted its stake in United Parcel Service by 13.1% in the 4th quarter. Cerity Partners LLC now owns 387,381 shares of the transportation company's stock worth $60,908,000 after purchasing an additional 44,721 shares during the period. CapWealth Advisors LLC grew its holdings in shares of United Parcel Service by 1.2% during the fourth quarter. CapWealth Advisors LLC now owns 58,184 shares of the transportation company's stock valued at $9,148,000 after buying an additional 686 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in United Parcel Service by 5.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,676,441 shares of the transportation company's stock valued at $578,053,000 after acquiring an additional 200,297 shares in the last quarter. Finally, KLCM Advisors Inc. acquired a new position in United Parcel Service in the 4th quarter valued at approximately $2,410,000. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service Stock Performance

UPS traded down $1.65 during midday trading on Wednesday, reaching $143.77. The company's stock had a trading volume of 3,590,204 shares, compared to its average volume of 4,029,198. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11. The company has a fifty day simple moving average of $148.44 and a 200 day simple moving average of $150.90. The stock has a market cap of $123.00 billion, a P/E ratio of 20.84, a PEG ratio of 1.69 and a beta of 1.05. United Parcel Service, Inc. has a twelve month low of $133.68 and a twelve month high of $192.98.

United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results 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 net margin of 6.60% and a return on equity of 37.42%. The firm had revenue of $21.70 billion during the quarter, compared to analysts' expectations of $21.84 billion. During the same period in the prior year, the company earned $2.20 EPS. The business's quarterly revenue was down 5.3% compared to the same quarter last year. Research analysts expect that United Parcel Service, Inc. will post 8.22 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Monday, May 13th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Friday, May 10th. United Parcel Service's payout ratio is presently 94.49%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. 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 note on Wednesday, January 31st. Susquehanna boosted their target price on United Parcel Service from $150.00 to $160.00 and gave the company a "neutral" rating in a research note on Wednesday, April 24th. UBS Group raised United Parcel Service from a "neutral" rating to a "buy" rating and raised their price target for the stock from $160.00 to $175.00 in a research note on Tuesday, February 6th. TheStreet upgraded United Parcel Service from a "c" rating to a "b-" rating in a report on Tuesday, January 30th. Finally, HSBC upgraded United Parcel Service from a "hold" rating to a "buy" rating and increased their price objective for the stock from $150.00 to $170.00 in a report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, United Parcel Service currently has an average rating of "Hold" and a consensus price target of $165.23.

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.