Stolper Co Has $4.48 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Stolper Co grew its holdings in United Parcel Service, Inc. (NYSE:UPS) by 1.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 35,558 shares of the transportation company’s stock after buying an additional 638 shares during the quarter. United Parcel Service comprises approximately 1.5% of Stolper Co’s portfolio, making the stock its 27th largest holding. Stolper Co’s holdings in United Parcel Service were worth $4,484,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UPS. International Assets Investment Management LLC boosted its stake in United Parcel Service by 15,779.6% in the third 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 acquiring an additional 14,539,321 shares during the last quarter. Marshall Wace LLP grew its stake in shares of United Parcel Service by 284.8% during the second quarter. Marshall Wace LLP now owns 2,569,831 shares of the transportation company’s stock worth $351,681,000 after purchasing an additional 1,901,914 shares during the period. Two Sigma Advisers LP lifted its stake in United Parcel Service by 833.4% in the third quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company’s stock valued at $282,783,000 after buying an additional 1,851,900 shares during the period. Van ECK Associates Corp boosted its holdings in United Parcel Service by 1,061.1% during the third quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company’s stock worth $232,959,000 after buying an additional 1,620,091 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of United Parcel Service by 6.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock worth $2,989,609,000 after buying an additional 1,320,921 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $127.42 on Thursday. The stock has a market capitalization of $108.74 billion, a PE ratio of 19.25, a P/E/G ratio of 1.73 and a beta of 1.00. United Parcel Service, Inc. has a fifty-two week low of $121.56 and a fifty-two week high of $161.35. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The business has a fifty day moving average price of $129.22 and a two-hundred day moving average price of $131.01.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.13. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. United Parcel Service’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.57 earnings per share. As a group, equities analysts predict that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 5.12%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service’s payout ratio is 98.49%.

Analysts Set New Price Targets

Several research firms recently weighed in on UPS. BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and reduced their price objective for the stock from $155.00 to $150.00 in a research note on Tuesday, December 10th. Oppenheimer raised their price objective on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. raised their price target on United Parcel Service from $134.00 to $135.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Evercore ISI upped their price target on shares of United Parcel Service from $138.00 to $141.00 and gave the company an “in-line” rating in a report on Tuesday, October 22nd. Finally, The Goldman Sachs Group lowered their target price on United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service has a consensus rating of “Moderate Buy” and an average price target of $151.10.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction 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 completion of the transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

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.