Brady Family Wealth LLC Sells 3,150 Shares of United Parcel Service, Inc. (NYSE:UPS)

Brady Family Wealth LLC reduced its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,005 shares of the transportation company's stock after selling 3,150 shares during the period. Brady Family Wealth LLC's holdings in United Parcel Service were worth $2,901,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UPS. Winch Advisory Services LLC grew its stake in shares of United Parcel Service by 98.8% in the 4th quarter. Winch Advisory Services LLC now owns 322 shares of the transportation company's stock valued at $41,000 after buying an additional 160 shares during the period. Rovin Capital UT ADV grew its stake in shares of United Parcel Service by 85.7% in the 4th quarter. Rovin Capital UT ADV now owns 4,757 shares of the transportation company's stock valued at $600,000 after buying an additional 2,195 shares during the period. Stolper Co grew its stake in shares of United Parcel Service by 1.8% in the 4th quarter. Stolper Co now owns 35,558 shares of the transportation company's stock valued at $4,484,000 after buying an additional 638 shares during the period. BluePath Capital Management LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at about $340,000. Finally, Godsey & Gibb Inc. grew its stake in shares of United Parcel Service by 2.8% in the 4th quarter. Godsey & Gibb Inc. now owns 142,387 shares of the transportation company's stock valued at $17,955,000 after buying an additional 3,879 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

NYSE UPS traded up $2.50 during trading on Thursday, hitting $129.97. 5,471,278 shares of the company's stock traded hands, compared to its average volume of 4,606,355. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market capitalization of $110.91 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 1.73 and a beta of 1.00. United Parcel Service, Inc. has a 12-month low of $121.56 and a 12-month high of $161.35. The business has a 50 day moving average of $129.09 and a 200-day moving average of $130.98.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.13. The firm had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business earned $1.57 earnings per share. As a group, equities research analysts anticipate that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 5.02%. United Parcel Service's dividend payout ratio is presently 98.49%.

Insiders Place Their Bets

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.13% of the company's stock.

Analyst Ratings Changes

UPS has been the subject of several research reports. JPMorgan Chase & Co. raised their target price on United Parcel Service from $134.00 to $135.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. Stifel Nicolaus lifted their price target on United Parcel Service from $151.00 to $156.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Wells Fargo & Company cut their price target on United Parcel Service from $155.00 to $150.00 and set an "overweight" rating for the company in a research note on Tuesday, January 7th. Argus upgraded United Parcel Service from a "hold" rating to a "buy" rating in a research note on Tuesday, November 5th. Finally, StockNews.com upgraded United Parcel Service from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $151.10.

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.