United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Donald L. Hagan LLC

Donald L. Hagan LLC reduced its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,000 shares of the transportation company's stock after selling 6,485 shares during the period. United Parcel Service accounts for about 8.1% of Donald L. Hagan LLC's investment portfolio, making the stock its 3rd largest holding. Donald L. Hagan LLC's holdings in United Parcel Service were worth $15,510,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in UPS. Quarry LP grew its position in United Parcel Service by 453.6% during the second quarter. Quarry LP now owns 537 shares of the transportation company's stock valued at $73,000 after buying an additional 440 shares during the period. Sanctuary Advisors LLC bought a new position in United Parcel Service in the 2nd quarter worth $20,309,000. Newbridge Financial Services Group Inc. increased its stake in United Parcel Service by 67.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 745 shares of the transportation company's stock worth $102,000 after buying an additional 300 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in United Parcel Service by 47,670.7% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 450,000 shares of the transportation company's stock valued at $61,582,000 after acquiring an additional 449,058 shares during the period. Finally, Neville Rodie & Shaw Inc. lifted its position in shares of United Parcel Service by 3.8% in the third quarter. Neville Rodie & Shaw Inc. now owns 10,000 shares of the transportation company's stock valued at $1,363,000 after acquiring an additional 365 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Performance

UPS traded down $0.71 during midday trading on Friday, hitting $114.19. 15,842,034 shares of the company were exchanged, compared to its average volume of 6,791,747. The company's 50 day simple moving average is $128.72 and its 200 day simple moving average is $130.61. The firm has a market capitalization of $97.45 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 1.88 and a beta of 1.00. United Parcel Service, Inc. has a 1-year low of $109.62 and a 1-year high of $158.95. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly 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 37.38% and a net margin of 6.25%. During the same quarter in the previous year, the company earned $2.47 earnings per share. As a group, sell-side analysts predict that United Parcel Service, Inc. will post 7.5 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.71%. United Parcel Service's dividend payout ratio is presently 98.49%.

Wall Street Analyst Weigh In

UPS has been the subject of several research analyst reports. BMO Capital Markets raised shares of United Parcel Service from a "market perform" rating to an "outperform" rating and cut their target price for the company from $155.00 to $150.00 in a research note on Tuesday, December 10th. Morgan Stanley cut their price objective on United Parcel Service from $100.00 to $82.00 and set an "underweight" rating for the company in a research report on Friday. Wells Fargo & Company decreased their target price on United Parcel Service from $150.00 to $128.00 and set an "overweight" rating on the stock in a research report on Friday. Wolfe Research upgraded United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 price target for the company in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. decreased their price objective on United Parcel Service from $135.00 to $120.00 and set a "neutral" rating on the stock in a report on Friday. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $141.95.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares in the company, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

United Parcel Service Company 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.