Coppell Advisory Solutions LLC Sells 3,892 Shares of United Parcel Service, Inc. (NYSE:UPS)

Coppell Advisory Solutions LLC lessened its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 19.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,266 shares of the transportation company's stock after selling 3,892 shares during the quarter. Coppell Advisory Solutions LLC's holdings in United Parcel Service were worth $2,038,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. boosted its holdings 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 purchasing an additional 33,989 shares in the last quarter. Onyx Bridge Wealth Group LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at $461,000. Synovus Financial Corp raised its holdings in United Parcel Service by 8.6% during 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 last quarter. HF Advisory Group LLC acquired a new position in United Parcel Service in the fourth quarter valued at approximately $1,305,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in United Parcel Service by 27.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 131,623 shares of the transportation company's stock valued at $16,304,000 after buying an additional 28,108 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Down 1.1 %

Shares of NYSE UPS traded down $1.06 during midday trading on Friday, reaching $97.86. 4,573,715 shares of the company's stock were exchanged, compared to its average volume of 4,833,118. The business's fifty day moving average price is $108.58 and its two-hundred day moving average price is $121.56. The stock has a market capitalization of $83.59 billion, a PE ratio of 14.48, a price-to-earnings-growth ratio of 1.55 and a beta of 1.10. United Parcel Service, Inc. has a 52-week low of $90.55 and a 52-week high of $153.42. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17.

United Parcel Service (NYSE:UPS - Get Free Report) last announced 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 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 EPS. Analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were paid a $1.64 dividend. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a yield of 6.70%. The ex-dividend date was Tuesday, February 18th. United Parcel Service's dividend payout ratio is currently 97.04%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UPS. Wells Fargo & Company reissued an "equal weight" rating and set a $98.00 price objective (down previously from $120.00) on shares of United Parcel Service in a research report on Tuesday. Baird R W cut shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Friday, January 31st. Deutsche Bank Aktiengesellschaft started coverage on United Parcel Service in a report on Friday, March 7th. They set a "hold" rating and a $119.00 price target for the company. StockNews.com upgraded shares of United Parcel Service from a "hold" rating to a "buy" rating in a research report on Friday, April 18th. Finally, Robert W. Baird lowered United Parcel Service from an "outperform" rating to a "neutral" rating and cut their target price for the company from $160.00 to $130.00 in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $126.41.

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.