Edmond DE Rothschild Holding S.A. Trims Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Edmond DE Rothschild Holding S.A. lessened its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 7.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,264 shares of the transportation company's stock after selling 3,277 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in United Parcel Service were worth $4,951,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UPS. Meeder Asset Management Inc. grew its stake in shares of United Parcel Service by 3,650.0% in the 4th quarter. Meeder Asset Management Inc. now owns 4,500 shares of the transportation company's stock worth $567,000 after acquiring an additional 4,380 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of United Parcel Service by 1.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 41,386 shares of the transportation company's stock valued at $5,219,000 after acquiring an additional 641 shares during the last quarter. Prevail Innovative Wealth Advisors LLC bought a new stake in United Parcel Service during the fourth quarter worth $304,000. Schroder Investment Management Group boosted its position in United Parcel Service by 6.9% in the fourth quarter. Schroder Investment Management Group now owns 190,286 shares of the transportation company's stock worth $23,847,000 after purchasing an additional 12,286 shares during the last quarter. Finally, Allianz SE purchased a new stake in shares of United Parcel Service during the 4th quarter valued at $8,838,000. Institutional investors own 60.26% of the company's stock.

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Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Evercore ISI raised their price objective on shares of United Parcel Service from $141.00 to $147.00 and gave the stock an "in-line" rating in a report on Wednesday, January 22nd. UBS Group decreased their target price on United Parcel Service from $141.00 to $127.00 and set a "buy" rating for the company in a research report on Thursday. StockNews.com raised United Parcel Service from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th. Robert W. Baird lowered shares of United Parcel Service from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $160.00 to $130.00 in a research report on Friday, January 31st. Finally, Stifel Nicolaus cut their price objective on shares of United Parcel Service from $156.00 to $153.00 and set a "buy" rating for the company in a report on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $135.22.

United Parcel Service Trading Down 8.7 %

UPS stock traded down $9.60 on Thursday, reaching $100.60. The company's stock had a trading volume of 7,065,990 shares, compared to its average volume of 4,679,788. 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, Inc. has a 12-month low of $100.62 and a 12-month high of $154.29. The firm has a market cap of $85.93 billion, a PE ratio of 14.93, a PEG ratio of 1.55 and a beta of 0.94. The business has a fifty day simple moving average of $117.20 and a two-hundred day simple moving average of $126.04.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 EPS 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 last year, the company earned $2.47 earnings per share. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS 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 $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.52%. The ex-dividend date of this dividend was Tuesday, February 18th. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. United Parcel Service's dividend payout ratio is currently 97.04%.

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.