LM Advisors LLC Makes New $830,000 Investment in United Parcel Service, Inc. (NYSE:UPS)

LM Advisors LLC purchased a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,580 shares of the transportation company's stock, valued at approximately $830,000.

Other large investors have also made changes to their positions in the company. IMG Wealth Management Inc. acquired a new position in United Parcel Service during the fourth quarter worth about $25,000. Generali Investments Management Co LLC acquired a new position in United Parcel Service during the 4th quarter worth approximately $26,000. True Wealth Design LLC lifted its stake in United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock valued at $29,000 after purchasing an additional 171 shares during the last quarter. IFS Advisors LLC boosted its position in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock valued at $27,000 after buying an additional 151 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new stake in shares of United Parcel Service during the fourth quarter worth $30,000. Institutional investors and hedge funds own 60.26% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Bank of America cut their price objective on United Parcel Service from $133.00 to $129.00 and set a "buy" rating on the stock in a report on Tuesday, March 25th. Stifel Nicolaus reduced their price target on United Parcel Service from $156.00 to $153.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Susquehanna dropped their price objective on shares of United Parcel Service from $140.00 to $130.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Deutsche Bank Aktiengesellschaft started coverage on shares of United Parcel Service in a report on Friday, March 7th. They set a "hold" rating and a $119.00 target price on the stock. Finally, The Goldman Sachs Group dropped their price target on shares of United Parcel Service from $166.00 to $147.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $137.57.

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United Parcel Service Stock Down 1.2 %

UPS traded down $1.36 during midday trading on Friday, hitting $109.66. The company had a trading volume of 3,282,367 shares, compared to its average volume of 4,661,575. The company has a market capitalization of $93.66 billion, a price-to-earnings ratio of 16.22, a PEG ratio of 1.55 and a beta of 0.94. The stock's 50 day moving average price is $118.52 and its 200 day moving average price is $126.42. 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, Inc. has a 52 week low of $109.40 and a 52 week high of $154.29.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share 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 prior year, the company posted $2.47 EPS. On average, research analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.98%. This is a positive change from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service's dividend payout ratio (DPR) is 97.04%.

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.