Childress Capital Advisors LLC Buys 935 Shares of United Parcel Service, Inc. (NYSE:UPS)

Childress Capital Advisors LLC grew its position in United Parcel Service, Inc. (NYSE:UPS) by 35.9% during the 4th quarter, Holdings Channel reports. The firm owned 3,538 shares of the transportation company’s stock after purchasing an additional 935 shares during the quarter. Childress Capital Advisors LLC’s holdings in United Parcel Service were worth $446,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its stake in United Parcel Service by 15,779.6% during the third quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company’s stock worth $1,994,853,000 after buying an additional 14,539,321 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in shares of United Parcel Service by 833.4% in the 3rd quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company’s stock worth $282,783,000 after acquiring an additional 1,851,900 shares in the last quarter. Van ECK Associates Corp grew its position in United Parcel Service by 1,061.1% during the 3rd quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company’s stock worth $232,959,000 after acquiring an additional 1,620,091 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in 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 valued at $2,989,609,000 after purchasing an additional 1,320,921 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in United Parcel Service by 5,136.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,079,964 shares of the transportation company’s stock valued at $147,242,000 after purchasing an additional 1,059,339 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s 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 sale, 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 legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on UPS. Barclays restated an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a report on Monday, October 21st. Citigroup lowered their price target on shares of United Parcel Service from $158.00 to $149.00 and set a “buy” rating for the company in a report on Friday. Oppenheimer upped their price objective on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price for the company in a research note on Wednesday, January 8th. Finally, BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and decreased their price target for the company from $155.00 to $150.00 in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, United Parcel Service currently has an average rating of “Moderate Buy” and a consensus target price of $140.73.

United Parcel Service Stock Down 2.6 %

United Parcel Service stock 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 company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The company has a 50 day moving average of $128.31 and a 200-day moving average of $130.16. The stock has a market capitalization of $94.95 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 1.63 and a beta of 0.98.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) 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 quarter in the previous year, the firm posted $2.47 earnings per share. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 8.61 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date was Monday, November 18th. United Parcel Service’s dividend payout ratio (DPR) is currently 96.45%.

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.