OneDigital Investment Advisors LLC Raises Position in United Parcel Service, Inc. (NYSE:UPS)

OneDigital Investment Advisors LLC increased its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 26.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,076 shares of the transportation company's stock after acquiring an additional 6,886 shares during the period. OneDigital Investment Advisors LLC's holdings in United Parcel Service were worth $4,171,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Stifel Financial Corp lifted its stake in United Parcel Service by 1.9% in the 4th quarter. Stifel Financial Corp now owns 1,570,248 shares of the transportation company's stock valued at $198,019,000 after purchasing an additional 29,508 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in United Parcel Service by 113.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 45,668 shares of the transportation company's stock valued at $5,759,000 after purchasing an additional 24,290 shares during the last quarter. Transce3nd LLC bought a new position in United Parcel Service in the 4th quarter valued at approximately $33,000. MetLife Investment Management LLC lifted its stake in United Parcel Service by 1.6% in the 4th quarter. MetLife Investment Management LLC now owns 193,539 shares of the transportation company's stock valued at $24,405,000 after purchasing an additional 3,128 shares during the last quarter. Finally, Ossiam lifted its stake in United Parcel Service by 34.0% in the 4th quarter. Ossiam now owns 11,483 shares of the transportation company's stock valued at $1,448,000 after purchasing an additional 2,913 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on UPS. Morgan Stanley dropped their price objective on shares of United Parcel Service from $100.00 to $82.00 and set an "underweight" rating for the company in a research note on Friday, January 31st. Evercore ISI raised their price target on shares of United Parcel Service from $141.00 to $147.00 and gave the company an "in-line" rating in a research note on Wednesday, January 22nd. Susquehanna dropped their price target on shares of United Parcel Service from $130.00 to $120.00 and set a "neutral" rating for the company in a research note on Tuesday, April 1st. Robert W. Baird downgraded shares of United Parcel Service from an "outperform" rating to a "neutral" rating and dropped their price target for the company from $160.00 to $130.00 in a research note on Friday, January 31st. Finally, Loop Capital lowered their target price on shares of United Parcel Service from $120.00 to $115.00 and set a "hold" rating for the company in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $126.41.

United Parcel Service Stock Down 1.1 %

UPS stock traded down $1.06 during trading on Friday, reaching $97.86. 4,573,715 shares of the stock were exchanged, compared to its average volume of 4,842,056. The firm's 50 day moving average is $108.58 and its 200 day moving average is $121.40. United Parcel Service, Inc. has a twelve month low of $90.55 and a twelve month high of $153.42. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The firm has a market cap of $83.59 billion, a P/E ratio of 14.48, a price-to-earnings-growth ratio of 1.55 and a beta of 1.10.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping analysts' consensus estimates of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter in the prior year, the company posted $2.47 EPS. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were paid a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a dividend yield of 6.70%. United Parcel Service's dividend payout ratio is 97.04%.

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.