Commerzbank Aktiengesellschaft FI Sells 7,463 Shares of United Parcel Service, Inc. (NYSE:UPS)

Commerzbank Aktiengesellschaft FI lessened its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,265 shares of the transportation company's stock after selling 7,463 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in United Parcel Service were worth $6,425,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. True Wealth Design LLC boosted its stake in United Parcel Service by 397.7% during the 3rd 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 period. IFS Advisors LLC lifted its holdings in shares of United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock worth $27,000 after buying an additional 151 shares during the last quarter. Princeton Global Asset Management LLC lifted its holdings in shares of United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company's stock worth $34,000 after buying an additional 216 shares during the last quarter. FSA Wealth Management LLC bought a new stake in shares of United Parcel Service in the third quarter valued at approximately $36,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of United Parcel Service in the fourth quarter worth $34,000. Institutional investors own 60.26% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. UBS Group cut their price target 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. Citigroup cut their target price on United Parcel Service from $158.00 to $149.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Stifel Nicolaus decreased their price target on shares of United Parcel Service from $156.00 to $153.00 and set a "buy" rating on the stock in a research note on Thursday, January 23rd. The Goldman Sachs Group dropped their price objective on shares of 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. Finally, BMO Capital Markets raised shares of United Parcel Service from a "market perform" rating to an "outperform" rating and lowered their target price for the company from $155.00 to $150.00 in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $140.73.

United Parcel Service Stock Up 1.8 %

Shares of NYSE:UPS traded up $2.16 during trading on Wednesday, reaching $118.95. 4,918,065 shares of the stock were exchanged, compared to its average volume of 4,400,947. United Parcel Service, Inc. has a 1-year low of $109.40 and a 1-year high of $158.95. The stock has a fifty day moving average of $122.09 and a two-hundred day moving average of $127.94. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The firm has a market cap of $101.60 billion, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating 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 quarter in the prior year, the company posted $2.47 earnings per share. Research analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th will be issued a $1.64 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This is a positive change from United Parcel Service's previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a dividend yield of 5.51%. United Parcel Service's dividend payout ratio is currently 97.04%.

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.