Intellus Advisors LLC Makes New $6.14 Million Investment in United Parcel Service, Inc. (NYSE:UPS)

Intellus Advisors LLC purchased a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 48,712 shares of the transportation company's stock, valued at approximately $6,143,000. United Parcel Service accounts for 1.1% of Intellus Advisors LLC's investment portfolio, making the stock its 27th biggest holding.

A number of other hedge funds also recently made changes to their positions in UPS. Pacific Sage Partners LLC grew its position in United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company's stock valued at $212,000 after buying an additional 77 shares in the last quarter. Banco Santander S.A. lifted its stake in shares of United Parcel Service by 0.6% in the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company's stock worth $1,717,000 after acquiring an additional 79 shares during the period. Quent Capital LLC boosted its holdings in shares of United Parcel Service by 16.7% in the fourth quarter. Quent Capital LLC now owns 558 shares of the transportation company's stock valued at $70,000 after acquiring an additional 80 shares in the last quarter. Gleason Group Inc. boosted its holdings in shares of United Parcel Service by 1.3% in the fourth quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company's stock valued at $840,000 after acquiring an additional 84 shares in the last quarter. Finally, Dunhill Financial LLC increased its stake in shares of United Parcel Service by 4.9% during the third quarter. Dunhill Financial LLC now owns 1,831 shares of the transportation company's stock valued at $250,000 after acquiring an additional 86 shares during the period. Institutional investors own 60.26% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group cut their target price on United Parcel Service from $166.00 to $147.00 and set a "buy" rating for the company in a research report on Friday, January 31st. Deutsche Bank Aktiengesellschaft assumed coverage on United Parcel Service in a research note on Friday, March 7th. They set a "hold" rating and a $119.00 target price for the company. UBS Group dropped their price target on shares of United Parcel Service from $170.00 to $141.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Raymond James reduced their price objective on shares of United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating for the company in a research report on Friday, January 31st. Finally, Loop Capital dropped their target price on shares of United Parcel Service from $120.00 to $115.00 and set a "hold" rating on the stock in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, United Parcel Service currently has a consensus rating of "Moderate Buy" and an average target price of $137.91.

United Parcel Service Stock Down 5.0 %

Shares of United Parcel Service stock traded down $5.79 during trading on Tuesday, hitting $110.01. 10,622,008 shares of the stock traded hands, compared to its average volume of 4,496,863. The company has a fifty day moving average price of $119.95 and a two-hundred day moving average price of $126.92. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $157.99. The stock has a market cap of $93.97 billion, a P/E ratio of 16.27, a PEG ratio of 1.55 and a beta of 0.94. 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 posted its 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 net margin of 6.35% and a return on equity of 39.13%. During the same period in the previous year, the firm earned $2.47 earnings per share. Equities research analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 5.96%. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service's dividend payout ratio is presently 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.