Blair William & Co. IL Decreases Stake in United Parcel Service, Inc. (NYSE:UPS)

Blair William & Co. IL decreased its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 192,681 shares of the transportation company's stock after selling 12,518 shares during the period. Blair William & Co. IL's holdings in United Parcel Service were worth $24,297,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. IMG Wealth Management Inc. purchased a new position in shares of United Parcel Service in the 4th quarter worth $25,000. Generali Investments Management Co LLC purchased a new position in United Parcel Service in the fourth quarter worth about $26,000. IFS Advisors LLC grew its stake 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 purchasing an additional 151 shares during the period. True Wealth Design LLC lifted its stake in shares of United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock worth $29,000 after purchasing an additional 171 shares during the period. Finally, Runnymede Capital Advisors Inc. purchased a new position in shares of United Parcel Service in the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Down 1.2 %

Shares of NYSE:UPS traded down $1.36 during trading hours on Friday, hitting $109.66. The company's stock had a trading volume of 3,282,367 shares, compared to its average volume of 4,661,575. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The firm's fifty day moving average price is $118.52 and its 200 day moving average price is $126.42. United Parcel Service, Inc. has a 52 week low of $109.40 and a 52 week high of $154.29. The company has a market capitalization of $93.66 billion, a price-to-earnings ratio of 16.22, a P/E/G ratio of 1.55 and a beta of 0.94.

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United Parcel Service (NYSE:UPS - Get Free Report) last posted its 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 last year, the company earned $2.47 earnings per share. As a group, research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were given a dividend of $1.64 per share. This represents a $6.56 annualized dividend 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 was Tuesday, February 18th. United Parcel Service's dividend payout ratio is presently 97.04%.

Analyst Ratings Changes

Several research analysts have recently weighed in on UPS shares. Raymond James dropped their price target on shares of United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating on the stock in a research note on Friday, January 31st. Stifel Nicolaus cut their price target on United Parcel Service from $156.00 to $153.00 and set a "buy" rating for the company in a report on Thursday, January 23rd. Evercore ISI boosted their price target on shares of United Parcel Service from $141.00 to $147.00 and gave the stock an "in-line" rating in a research note on Wednesday, January 22nd. Wolfe Research raised United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 target price on the stock in a report on Wednesday, January 8th. Finally, BMO Capital Markets raised United Parcel Service from a "market perform" rating to an "outperform" rating and dropped their price target for the company from $155.00 to $150.00 in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $137.57.

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.