Accredited Investors Inc. Has $98.96 Million Holdings in United Parcel Service, Inc. (NYSE:UPS)

Accredited Investors Inc. decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 784,749 shares of the transportation company’s stock after selling 175 shares during the period. United Parcel Service makes up approximately 5.8% of Accredited Investors Inc.’s investment portfolio, making the stock its 4th largest holding. Accredited Investors Inc. owned 0.09% of United Parcel Service worth $98,957,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. IMG Wealth Management Inc. acquired a new stake in United Parcel Service in the 4th quarter valued at about $25,000. Generali Investments Management Co LLC acquired a new stake in shares of United Parcel Service during the 4th quarter valued at $26,000. IFS Advisors LLC grew its holdings in shares of United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares in the last quarter. Runnymede Capital Advisors Inc. acquired a new position in United Parcel Service during the 4th quarter worth $30,000. Finally, Whipplewood Advisors LLC bought a new position in shares of United Parcel Service during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Performance

NYSE UPS opened at $99.65 on Thursday. The firm has a market cap of $85.12 billion, a price-to-earnings ratio of 14.74, a PEG ratio of 1.55 and a beta of 1.10. The company has a 50-day simple moving average of $112.70 and a two-hundred day simple moving average of $124.44. United Parcel Service, Inc. has a 12-month low of $90.55 and a 12-month high of $153.42. 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 (NYSE:UPS) last posted its quarterly earnings data 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 quarter last year, the business earned $2.47 earnings per share. On average, equities analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were given a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.58%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s payout ratio is currently 97.04%.

Analyst Ratings Changes

UPS has been the topic of a number of recent analyst reports. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, March 5th. Robert W. Baird lowered shares of United Parcel Service from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $160.00 to $130.00 in a report on Friday, January 31st. The Goldman Sachs Group cut their price objective on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Stifel Nicolaus reduced their price target on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Finally, Susquehanna cut their price target on United Parcel Service from $130.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, April 1st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, United Parcel Service has a consensus rating of “Moderate Buy” and a consensus target price of $131.32.

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.