United Parcel Service (NYSE:UPS) Stock Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of United Parcel Service, Inc. NYSE: UPS. In a filing disclosed on November 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in United Parcel Service stock on November 25th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of GSK NYSE: GSK on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Costco Wholesale NASDAQ: COST on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Nestlé OTCMKTS: NSRGY on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 11/25/2024.
• Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 11/25/2024.

United Parcel Service Stock Performance

Shares of United Parcel Service stock traded up $0.17 on Friday, hitting $135.85. The stock had a trading volume of 1,533,476 shares, compared to its average volume of 4,140,533. The business's 50 day moving average is $133.55 and its two-hundred day moving average is $133.87. The stock has a market cap of $115.93 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 2.23 and a beta of 0.99. United Parcel Service, Inc. has a twelve month low of $123.12 and a twelve month high of $163.82. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The company had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. During the same quarter last year, the firm earned $1.57 earnings per share. The company's revenue was up 5.4% on a year-over-year basis. Analysts forecast that United Parcel Service, Inc. will post 7.48 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be issued a $1.63 dividend. The ex-dividend date is Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 4.80%. United Parcel Service's dividend payout ratio is currently 98.49%.

Institutional Trading of United Parcel Service

Several institutional investors have recently modified their holdings of the business. Blackston Financial Advisory Group LLC lifted its position in shares of United Parcel Service by 1.4% in the 2nd quarter. Blackston Financial Advisory Group LLC now owns 5,068 shares of the transportation company's stock worth $694,000 after purchasing an additional 69 shares during the period. Cigna Investments Inc. New boosted its position in United Parcel Service by 1.0% during the third quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company's stock valued at $1,024,000 after acquiring an additional 75 shares during the last quarter. Gleason Group Inc. raised its position in shares of United Parcel Service by 1.2% in the 2nd quarter. Gleason Group Inc. now owns 6,496 shares of the transportation company's stock worth $889,000 after acquiring an additional 77 shares in the last quarter. Nicholas Hoffman & Company LLC. lifted its stake in shares of United Parcel Service by 0.5% in the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 15,837 shares of the transportation company's stock valued at $2,167,000 after purchasing an additional 79 shares during the period. Finally, Banco Santander S.A. lifted its stake in shares of United Parcel Service by 0.6% in the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company's stock valued at $1,717,000 after purchasing an additional 79 shares during the period. Institutional investors own 60.26% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. TD Cowen initiated coverage on shares of United Parcel Service in a research report on Thursday, August 22nd. They set a "hold" rating and a $144.00 target price on the stock. Susquehanna raised their price objective on United Parcel Service from $135.00 to $140.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Barclays reiterated an "underweight" rating and set a $120.00 target price on shares of United Parcel Service in a research report on Monday, October 21st. Oppenheimer raised their price target on United Parcel Service from $140.00 to $146.00 and gave the stock an "outperform" rating in a research report on Monday, October 28th. Finally, Bank of America upped their price objective on shares of United Parcel Service from $132.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $151.52.

Insider Activity at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares of the company's stock, valued at $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is owned by corporate insiders.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor's degree in business administration from the University of Georgia. Greene's career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.

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.