Ceera Investments LLC Grows Position in United Parcel Service, Inc. (NYSE:UPS)

Ceera Investments LLC boosted its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 61.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,298 shares of the transportation company's stock after buying an additional 4,282 shares during the quarter. Ceera Investments LLC's holdings in United Parcel Service were worth $1,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. IFS Advisors LLC lifted 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 purchasing an additional 151 shares during the last quarter. True Wealth Design LLC lifted its position in United Parcel Service by 397.7% in the third 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. Whipplewood Advisors LLC bought a new stake in United Parcel Service in the fourth quarter valued at approximately $34,000. FSA Wealth Management LLC bought a new stake in United Parcel Service in the third quarter valued at approximately $36,000. Finally, Sugar Maple Asset Management LLC bought a new stake in United Parcel Service in the fourth quarter valued at approximately $38,000. Hedge funds and other institutional investors own 60.26% of the company's stock.

Analyst Upgrades and Downgrades

UPS has been the subject of several recent research reports. Evercore ISI boosted their price objective on United Parcel Service from $141.00 to $147.00 and gave the company an "in-line" rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. lowered their price objective on United Parcel Service from $135.00 to $120.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. StockNews.com upgraded United Parcel Service from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th. Robert W. Baird downgraded United Parcel Service from an "outperform" rating to a "neutral" rating and decreased their target price for the company from $160.00 to $130.00 in a report on Friday, January 31st. Finally, UBS Group decreased their target price on United Parcel Service from $170.00 to $141.00 and set a "buy" rating for the company in a report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, United Parcel Service has an average rating of "Moderate Buy" and a consensus price target of $138.09.

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United Parcel Service Stock Down 0.2 %

Shares of NYSE UPS traded down $0.17 during trading on Thursday, reaching $115.09. The company had a trading volume of 4,628,398 shares, compared to its average volume of 4,452,368. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95. The stock has a market cap of $98.30 billion, a PE ratio of 17.02, a P/E/G ratio of 1.55 and a beta of 0.94. The business's 50-day moving average is $121.23 and its 200 day moving average is $127.55. 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 - Get Free Report) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS 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 period in the previous year, the company earned $2.47 EPS. As a group, equities analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were paid a $1.64 dividend. This is a boost from United Parcel Service's previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service's dividend payout ratio is currently 97.04%.

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.