Flavin Financial Services Inc. Acquires Shares of 11,774 United Parcel Service, Inc. (NYSE:UPS)

Flavin Financial Services Inc. bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,774 shares of the transportation company’s stock, valued at approximately $1,485,000.

Other large investors also recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of United Parcel Service by 2.1% in the 3rd quarter. State Street Corp now owns 29,597,425 shares of the transportation company’s stock valued at $4,035,313,000 after purchasing an additional 613,409 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of United Parcel Service by 6.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock valued at $2,989,609,000 after purchasing an additional 1,320,921 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of United Parcel Service by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 15,289,624 shares of the transportation company’s stock valued at $2,080,170,000 after purchasing an additional 373,202 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of United Parcel Service by 15,779.6% in the 3rd quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company’s stock valued at $1,994,853,000 after purchasing an additional 14,539,321 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of United Parcel Service by 3.7% in the 3rd quarter. FMR LLC now owns 10,627,550 shares of the transportation company’s stock valued at $1,448,960,000 after purchasing an additional 380,229 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Activity at United Parcel Service

In related 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 value of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is owned by company insiders.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $111.26 on Tuesday. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $158.95. The stock’s 50 day moving average price is $128.31 and its 200-day moving average price is $130.16. The company has a market capitalization of $94.95 billion, a PE ratio of 16.46, a PEG ratio of 1.63 and a beta of 0.98. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS) last announced its 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 period in the prior year, the firm posted $2.47 EPS. On average, equities analysts anticipate that United Parcel Service, Inc. will post 8.61 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.86%. United Parcel Service’s payout ratio is presently 96.45%.

Analyst Ratings Changes

A number of brokerages have weighed in on UPS. UBS Group reduced their target price on United Parcel Service from $170.00 to $141.00 and set a “buy” rating on the stock in a report on Friday. Raymond James lowered their target price on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Friday. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Susquehanna lowered their price objective on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Barclays reissued an “underweight” rating and issued a $120.00 price objective on shares of United Parcel Service in a research report on Monday, October 21st. Two analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $140.73.

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.