Clarkston Capital Partners LLC Has $26.47 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Clarkston Capital Partners LLC raised its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 209,886 shares of the transportation company's stock after buying an additional 5,792 shares during the quarter. Clarkston Capital Partners LLC's holdings in United Parcel Service were worth $26,467,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. IMG Wealth Management Inc. acquired a new stake in United Parcel Service during the fourth quarter worth about $25,000. Generali Investments Management Co LLC acquired a new stake in United Parcel Service during the 4th quarter worth approximately $26,000. IFS Advisors LLC raised its holdings 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 buying an additional 151 shares during the period. Runnymede Capital Advisors Inc. acquired a new position in United Parcel Service during the fourth quarter valued at approximately $30,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of United Parcel Service in the fourth quarter worth $34,000. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service Stock Down 3.6 %

Shares of United Parcel Service stock traded down $3.59 on Thursday, hitting $96.07. The company had a trading volume of 2,909,586 shares, compared to its average volume of 4,775,187. The stock has a 50-day moving average of $112.70 and a 200-day moving average of $124.44. United Parcel Service, Inc. has a twelve month low of $90.55 and a twelve month high of $153.42. The firm has a market capitalization of $82.06 billion, a P/E ratio of 14.19, a P/E/G ratio of 1.55 and a beta of 1.10. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14.

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United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period in the previous year, the firm earned $2.47 earnings per share. Research analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were paid a dividend of $1.64 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.83%. This is a positive change from United Parcel Service's previous quarterly dividend of $1.63. United Parcel Service's dividend payout ratio (DPR) is 97.04%.

Analyst Upgrades and Downgrades

UPS has been the topic of a number of recent analyst reports. Bank of America cut their target price on shares of United Parcel Service from $133.00 to $129.00 and set a "buy" rating on the stock in a research note on Tuesday, March 25th. Robert W. Baird lowered shares of United Parcel Service from an "outperform" rating to a "neutral" rating and reduced their price objective for the company from $160.00 to $130.00 in a research note on Friday, January 31st. Loop Capital lowered their target price on shares of United Parcel Service from $120.00 to $115.00 and set a "hold" rating on the stock in a research report on Monday, February 3rd. Morgan Stanley lowered their target price on United Parcel Service from $100.00 to $82.00 and set an "underweight" rating on the stock in a report on Friday, January 31st. Finally, The Goldman Sachs Group cut their target price on United Parcel Service from $166.00 to $147.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $131.32.

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.