Clark & Stuart Inc Takes $7.43 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Clark & Stuart Inc bought a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 58,915 shares of the transportation company's stock, valued at approximately $7,429,000. United Parcel Service makes up approximately 5.4% of Clark & Stuart Inc's holdings, making the stock its 8th biggest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cigna Investments Inc. New increased its holdings in United Parcel Service by 1.0% in the 3rd quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company's stock worth $1,024,000 after purchasing an additional 75 shares in the last quarter. Banco Santander S.A. lifted its position in shares of United Parcel Service by 0.6% in the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company's stock worth $1,717,000 after purchasing an additional 79 shares during the period. Gleason Group Inc. boosted its position in United Parcel Service by 1.2% during the third quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company's stock valued at $897,000 after acquiring an additional 80 shares during the last quarter. Tradewinds LLC. grew its stake in United Parcel Service by 1.8% during the third quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company's stock worth $612,000 after purchasing an additional 81 shares during the period. Finally, OLD Second National Bank of Aurora increased its stake in shares of United Parcel Service by 1.2% in the 3rd quarter. OLD Second National Bank of Aurora now owns 7,177 shares of the transportation company's stock valued at $979,000 after acquiring an additional 83 shares in the last quarter. Institutional investors own 60.26% of the company's stock.

Insider Buying and Selling

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business's stock in a transaction dated 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 transaction, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. The trade was 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. 0.13% of the stock is owned by corporate insiders.

United Parcel Service Price Performance

Shares of NYSE UPS traded up $1.86 during trading hours on Monday, reaching $125.14. 6,912,227 shares of the stock traded hands, compared to its average volume of 4,498,831. The company has a market capitalization of $106.79 billion, a P/E ratio of 18.90, a price-to-earnings-growth ratio of 2.11 and a beta of 1.00. The company's 50-day simple moving average is $129.54 and its two-hundred day simple moving average is $131.16. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35.

United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.63 by $0.13. The company had revenue of $22.20 billion for 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 firm's quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.57 EPS. Equities research analysts forecast that United Parcel Service, Inc. will post 7.48 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend was Monday, November 18th. United Parcel Service's dividend payout ratio is presently 98.49%.

Analyst Ratings Changes

A number of brokerages recently commented on UPS. BMO Capital Markets raised United Parcel Service from a "market perform" rating to an "outperform" rating and decreased their target price for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. Citigroup dropped 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. Argus raised United Parcel Service from a "hold" rating to a "buy" rating in a research note on Tuesday, November 5th. Barclays reiterated an "underweight" rating and set a $120.00 price target on shares of United Parcel Service in a report on Monday, October 21st. Finally, Wolfe Research upgraded shares of United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 price target on the stock in a report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus 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.