Fox Run Management L.L.C. Invests $292,000 in United Parcel Service, Inc. (NYSE:UPS)

Fox Run Management L.L.C. purchased a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,315 shares of the transportation company's stock, valued at approximately $292,000.

Other large investors also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. purchased a new position in shares of United Parcel Service in the 4th quarter worth approximately $25,000. Generali Investments Management Co LLC purchased a new position in United Parcel Service during the fourth quarter worth $26,000. True Wealth Design LLC increased its position in United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock valued at $29,000 after acquiring an additional 171 shares during the last quarter. IFS Advisors LLC raised its stake in shares of 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 acquiring an additional 151 shares during the period. Finally, Runnymede Capital Advisors Inc. bought a new stake in shares of United Parcel Service in the 4th quarter worth about $30,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Up 0.3 %

Shares of NYSE UPS traded up $0.34 during trading hours on Monday, hitting $110.00. 6,534,610 shares of the stock were exchanged, compared to its average volume of 4,669,043. United Parcel Service, Inc. has a 12 month low of $108.30 and a 12 month high of $154.29. The firm has a fifty day moving average price of $118.12 and a 200-day moving average price of $126.27. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The company has a market cap of $93.96 billion, a PE ratio of 16.27, a PEG ratio of 1.55 and a beta of 0.94.

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United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping 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 firm earned $2.47 EPS. On average, sell-side analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 5.96%. The ex-dividend date 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 (DPR) is currently 97.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on UPS shares. Bank of America reduced their price objective on shares of United Parcel Service from $133.00 to $129.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th. Deutsche Bank Aktiengesellschaft initiated coverage on United Parcel Service in a research note on Friday, March 7th. They set a "hold" rating and a $119.00 price target for the company. StockNews.com upgraded United Parcel Service from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th. The Goldman Sachs Group reduced their target price on United Parcel Service from $166.00 to $147.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. Finally, UBS Group lowered their target price on shares of United Parcel Service from $170.00 to $141.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $136.26.

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.