Value Partners Investments Inc. Has $5.97 Million Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Value Partners Investments Inc. lowered its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 91.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,378 shares of the transportation company’s stock after selling 530,899 shares during the quarter. United Parcel Service comprises 0.2% of Value Partners Investments Inc.’s investment portfolio, making the stock its 7th biggest holding. Value Partners Investments Inc.’s holdings in United Parcel Service were worth $5,974,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of UPS. IMG Wealth Management Inc. acquired a new stake in United Parcel Service during the fourth quarter worth approximately $25,000. Generali Investments Management Co LLC bought a new position in United Parcel Service during the fourth quarter worth $26,000. IFS Advisors LLC grew its holdings in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after purchasing an additional 151 shares during the period. Runnymede Capital Advisors Inc. bought a new stake in United Parcel Service in the fourth quarter valued at $30,000. Finally, Whipplewood Advisors LLC acquired a new position in shares of United Parcel Service during the fourth quarter valued at about $34,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Up 0.4 %

UPS opened at $96.95 on Monday. United Parcel Service, Inc. has a twelve month low of $90.55 and a twelve month high of $153.42. The company’s 50-day moving average price is $112.11 and its two-hundred day moving average price is $123.91. The stock has a market cap of $82.81 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 1.55 and a beta of 1.10. 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, beating the consensus estimate 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 period in the prior year, the business earned $2.47 EPS. As a group, equities analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were issued a $1.64 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 annualized dividend and a yield of 6.77%. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio (DPR) is 97.04%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. UBS Group decreased their target price on United Parcel Service from $141.00 to $127.00 and set a “buy” rating for the company in a research report on Thursday, April 3rd. Robert W. Baird lowered United Parcel Service from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $160.00 to $130.00 in a research report on Friday, January 31st. Loop Capital reduced their price target on shares of United Parcel Service from $120.00 to $115.00 and set a “hold” rating for the company in a research report on Monday, February 3rd. The Goldman Sachs Group lowered their price objective on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Finally, StockNews.com cut shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $131.32.

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.