United Parcel Service, Inc. (NYSE:UPS) Stake Increased by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC grew its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,255 shares of the transportation company’s stock after buying an additional 185 shares during the period. Lake Street Advisors Group LLC’s holdings in United Parcel Service were worth $537,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in UPS. Two Sigma Advisers LP boosted 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 acquiring an additional 1,851,900 shares during the period. Van ECK Associates Corp grew its position in shares of 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 acquiring an additional 1,620,091 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in United Parcel Service by 6.4% in 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 during the last quarter. Nordea Investment Management AB boosted its stake in United Parcel Service by 30.7% during the 4th quarter. Nordea Investment Management AB now owns 2,919,945 shares of the transportation company’s stock valued at $367,300,000 after purchasing an additional 685,259 shares during the period. Finally, State Street Corp grew its position in United Parcel Service by 2.1% in the 3rd quarter. State Street Corp now owns 29,597,425 shares of the transportation company’s stock worth $4,035,313,000 after purchasing an additional 613,409 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Trading Up 0.6 %

Shares of NYSE:UPS opened at $117.61 on Friday. The firm has a fifty day moving average of $122.54 and a two-hundred day moving average of $128.11. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95. The firm has a market capitalization of $100.46 billion, a P/E ratio of 17.40, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period in the prior year, the business earned $2.47 earnings per share. On average, equities analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be given a $1.64 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.58%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s payout ratio is currently 97.04%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on UPS. Stifel Nicolaus reduced their price objective on United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. StockNews.com cut United Parcel Service from a “buy” rating to a “hold” rating in a research note on Tuesday. Morgan Stanley cut their price objective on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research note on Friday, January 31st. Evercore ISI increased their target price on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday, January 22nd. Finally, Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

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.