Sage Capital Advisors llc Sells 3,307 Shares of United Parcel Service, Inc. (NYSE:UPS)

Sage Capital Advisors llc reduced its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,300 shares of the transportation company’s stock after selling 3,307 shares during the period. United Parcel Service accounts for 1.3% of Sage Capital Advisors llc’s portfolio, making the stock its 25th largest position. Sage Capital Advisors llc’s holdings in United Parcel Service were worth $5,082,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of UPS. American Century Companies Inc. increased its stake in shares of United Parcel Service by 10.5% during the second quarter. American Century Companies Inc. now owns 4,144,372 shares of the transportation company’s stock valued at $567,157,000 after purchasing an additional 393,434 shares in the last quarter. Qsemble Capital Management LP increased its position in United Parcel Service by 249.8% during the 2nd quarter. Qsemble Capital Management LP now owns 34,037 shares of the transportation company’s stock valued at $4,658,000 after buying an additional 24,306 shares in the last quarter. Y.D. More Investments Ltd raised its stake in United Parcel Service by 130.2% during the second quarter. Y.D. More Investments Ltd now owns 1,013 shares of the transportation company’s stock valued at $139,000 after buying an additional 573 shares during the last quarter. Achmea Investment Management B.V. boosted its holdings in United Parcel Service by 2.4% in the second quarter. Achmea Investment Management B.V. now owns 87,199 shares of the transportation company’s stock worth $11,933,000 after acquiring an additional 2,006 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors grew its stake in shares of United Parcel Service by 21.7% in the second quarter. Vanguard Capital Wealth Advisors now owns 2,851 shares of the transportation company’s stock worth $390,000 after acquiring an additional 509 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UPS. Susquehanna raised their price objective on shares of United Parcel Service from $135.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Bank of America boosted their target price on United Parcel Service from $132.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their price target on United Parcel Service from $134.00 to $135.00 and gave the company a “neutral” rating in a report on Tuesday. UBS Group lifted their price objective on United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, Barclays restated an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, United Parcel Service currently has an average rating of “Moderate Buy” and a consensus target price of $151.10.

Insider Buying and Selling

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction 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 completion of the transaction, the insider now owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is owned by corporate insiders.

United Parcel Service Price Performance

Shares of UPS traded down $3.54 during mid-day trading on Friday, hitting $123.22. 2,734,784 shares of the stock were exchanged, compared to its average volume of 3,740,445. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $105.15 billion, a PE ratio of 18.61, a price-to-earnings-growth ratio of 2.11 and a beta of 1.00. United Parcel Service, Inc. has a 52-week low of $122.01 and a 52-week high of $161.47. The firm has a 50-day moving average of $129.75 and a two-hundred day moving average of $131.33.

United Parcel Service (NYSE:UPS) 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. The firm had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.57 EPS. On average, equities analysts predict that United Parcel Service, Inc. will post 7.48 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were issued a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.29%. United Parcel Service’s payout ratio is presently 98.49%.

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.