25,563 Shares in United Parcel Service, Inc. (NYSE:UPS) Bought by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, HoldingsChannel reports. The fund bought 25,563 shares of the transportation company’s stock, valued at approximately $3,223,000.

A number of other institutional investors and hedge funds also recently modified their holdings of UPS. Financial Management Professionals Inc. lifted its holdings in United Parcel Service by 7.3% in the fourth quarter. Financial Management Professionals Inc. now owns 2,714 shares of the transportation company’s stock worth $342,000 after acquiring an additional 184 shares during the last quarter. Ameritas Advisory Services LLC raised its position in shares of United Parcel Service by 636.8% during the 4th quarter. Ameritas Advisory Services LLC now owns 58,465 shares of the transportation company’s stock worth $7,372,000 after purchasing an additional 50,530 shares during the period. HB Wealth Management LLC lifted its holdings in shares of United Parcel Service by 18.8% in the 4th quarter. HB Wealth Management LLC now owns 39,106 shares of the transportation company’s stock worth $4,931,000 after purchasing an additional 6,183 shares during the last quarter. Trust Co. of Vermont boosted its position in United Parcel Service by 109.3% during the 4th quarter. Trust Co. of Vermont now owns 18,416 shares of the transportation company’s stock valued at $2,322,000 after purchasing an additional 9,616 shares during the period. Finally, Sanibel Captiva Trust Company Inc. grew its stake in United Parcel Service by 16.7% during the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 95,512 shares of the transportation company’s stock worth $12,044,000 after buying an additional 13,669 shares during the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Down 0.1 %

Shares of United Parcel Service stock opened at $129.77 on Friday. United Parcel Service, Inc. has a 12-month low of $121.56 and a 12-month high of $161.35. The firm has a market capitalization of $110.74 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.73 and a beta of 1.00. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. The stock’s fifty day moving average is $128.95 and its 200-day moving average is $130.93.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $22.10 billion. During the same quarter in the previous year, the company earned $1.57 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Equities analysts anticipate that United Parcel Service, Inc. will post 7.49 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 5.02%. The ex-dividend date was Monday, November 18th. United Parcel Service’s payout ratio is 98.49%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Stifel Nicolaus raised their target price on United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a research note on Friday, October 25th. The Goldman Sachs Group reduced their target price on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. UBS Group raised their price target on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective 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. Finally, Bank of America upgraded United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research report on Thursday. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently 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 United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated 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 owns 45,098 shares of the company’s stock, 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 SEC, which is available through this hyperlink. Company insiders own 0.13% of the company’s stock.

United Parcel Service Company 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.