Fiduciary Group LLC Has $391,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

Fiduciary Group LLC raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,182 shares of the transportation company’s stock after purchasing an additional 287 shares during the period. Fiduciary Group LLC’s holdings in United Parcel Service were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Clear Harbor Asset Management LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $25,000. Savior LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $25,000. IndexIQ Advisors LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $28,000. Solstein Capital LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $30,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at approximately $31,000. Institutional investors own 56.64% of the company’s stock.

A number of analysts recently weighed in on UPS shares. Morgan Stanley cut their price target on shares of United Parcel Service from $65.00 to $60.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 29th. Berenberg Bank reiterated a “neutral” rating and issued a $105.00 price target on shares of United Parcel Service in a research report on Tuesday, April 28th. JPMorgan Chase & Co. cut their price target on shares of United Parcel Service from $113.00 to $105.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Citigroup lowered their target price on United Parcel Service from $103.00 to $101.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Finally, Sanford C. Bernstein reissued a “buy” rating and set a $144.00 target price on shares of United Parcel Service in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $110.32.

Shares of NYSE:UPS traded up $0.42 during midday trading on Friday, hitting $96.72. The stock had a trading volume of 2,396,741 shares, compared to its average volume of 4,781,095. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $125.31. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 8.06. The business’s 50-day simple moving average is $96.01 and its 200-day simple moving average is $106.78. The company has a market cap of $83.90 billion, a P/E ratio of 19.58, a PEG ratio of 2.37 and a beta of 0.82.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, April 28th. The transportation company reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.08). United Parcel Service had a net margin of 5.73% and a return on equity of 152.81%. The firm had revenue of $18.04 billion during the quarter, compared to the consensus estimate of $17.17 billion. During the same period in the prior year, the business posted $1.39 earnings per share. United Parcel Service’s quarterly revenue was up 5.1% compared to the same quarter last year. As a group, equities analysts predict that United Parcel Service, Inc. will post 5.58 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 26th will be issued a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a yield of 4.18%. The ex-dividend date is Friday, May 22nd. United Parcel Service’s dividend payout ratio is 53.65%.

About United Parcel Service

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

Read More: 52-Week High/Low Prices For Stock Selection

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.