Brady Martz Wealth Solutions LLC Invests $607,000 in United Parcel Service, Inc. (NYSE:UPS)

Brady Martz Wealth Solutions LLC bought a new stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,825 shares of the transportation company's stock, valued at approximately $607,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Principal Financial Group Inc. increased its position in United Parcel Service by 4.3% during the third quarter. Principal Financial Group Inc. now owns 829,280 shares of the transportation company's stock valued at $113,064,000 after acquiring an additional 33,989 shares during the last quarter. Synovus Financial Corp lifted its stake in shares of United Parcel Service by 8.6% in the 3rd quarter. Synovus Financial Corp now owns 87,531 shares of the transportation company's stock worth $11,934,000 after purchasing an additional 6,941 shares during the period. Van ECK Associates Corp lifted its stake in shares of United Parcel Service by 1,061.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company's stock worth $232,959,000 after purchasing an additional 1,620,091 shares during the period. Cohen Investment Advisors LLC grew its position in United Parcel Service by 26.4% during the third quarter. Cohen Investment Advisors LLC now owns 18,357 shares of the transportation company's stock valued at $2,503,000 after buying an additional 3,835 shares during the period. Finally, Rovin Capital UT ADV grew its position in United Parcel Service by 85.7% during the fourth 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. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Price Performance

Shares of UPS traded down $0.17 during mid-day trading on Friday, hitting $129.77. 4,260,034 shares of the stock were exchanged, compared to its average volume of 3,680,905. The firm has a 50-day moving average of $128.95 and a two-hundred day moving average of $130.90. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35. 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 company has a market cap of $110.74 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.73 and a beta of 1.00.

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

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 5.02%. The ex-dividend date was Monday, November 18th. United Parcel Service's payout ratio is 98.49%.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction 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 sale, the insider now owns 45,098 shares of the company's stock, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on UPS. Citigroup decreased their price target on shares of United Parcel Service from $163.00 to $158.00 and set a "buy" rating on the stock in a research report on Tuesday, November 12th. Bank of America upgraded United Parcel Service from a "neutral" rating to a "buy" rating and set a $150.00 target price on the stock in a research report on Thursday. JPMorgan Chase & Co. raised their price objective on United Parcel Service from $134.00 to $135.00 and gave the stock a "neutral" rating 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, Wolfe Research upgraded shares of United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 target price on the stock in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, United Parcel Service currently has a consensus rating of "Moderate Buy" and an average price target of $151.10.

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.