Landscape Capital Management L.L.C. Raises Position in United Parcel Service, Inc. (NYSE:UPS)

Landscape Capital Management L.L.C. lifted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 113.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,873 shares of the transportation company's stock after buying an additional 29,122 shares during the period. United Parcel Service comprises 0.7% of Landscape Capital Management L.L.C.'s investment portfolio, making the stock its 13th biggest holding. Landscape Capital Management L.L.C.'s holdings in United Parcel Service were worth $6,919,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of UPS. IMG Wealth Management Inc. acquired a new stake in United Parcel Service in the fourth quarter valued at $25,000. Generali Investments Management Co LLC purchased a new position in shares of United Parcel Service in the 4th quarter valued at about $26,000. IFS Advisors LLC lifted 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 purchasing an additional 151 shares during the period. Runnymede Capital Advisors Inc. purchased a new stake in United Parcel Service during the fourth quarter worth about $30,000. Finally, Whipplewood Advisors LLC purchased a new position in United Parcel Service in the fourth quarter valued at about $34,000. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Trading Down 2.5 %

Shares of NYSE UPS traded down $2.50 on Friday, reaching $97.62. 9,564,186 shares of the company traded hands, compared to its average volume of 4,715,593. United Parcel Service, Inc. has a fifty-two week low of $95.53 and a fifty-two week high of $153.42. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The company has a 50 day moving average of $115.82 and a 200 day moving average of $125.64. The stock has a market capitalization of $83.39 billion, a PE ratio of 14.44, a P/E/G ratio of 1.55 and a beta of 0.94.

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United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 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 business posted $2.47 earnings per share. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were paid a $1.64 dividend. This is a positive change from United Parcel Service's previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a dividend yield of 6.72%. The ex-dividend date was Tuesday, February 18th. United Parcel Service's payout ratio is currently 97.04%.

Analysts Set New Price Targets

UPS has been the topic of a number of research reports. Robert W. Baird cut United Parcel Service from an "outperform" rating to a "neutral" rating and lowered their price target for the stock from $160.00 to $130.00 in a report on Friday, January 31st. Susquehanna lowered their target price on United Parcel Service from $130.00 to $120.00 and set a "neutral" rating on the stock in a report on Tuesday. Raymond James cut their price target on United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating for the company in a research note on Friday, January 31st. Baird R W cut shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 31st. Finally, Wolfe Research upgraded shares of United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 target price for the company in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $133.18.

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.