United Parcel Service, Inc. (NYSE:UPS) Position Trimmed by Montag A & Associates Inc.

Montag A & Associates Inc. lessened its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 19.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,377 shares of the transportation company's stock after selling 2,740 shares during the period. Montag A & Associates Inc.'s holdings in United Parcel Service were worth $1,435,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. IFS Advisors LLC raised its position in shares of United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock valued at $27,000 after acquiring an additional 151 shares in the last quarter. True Wealth Design LLC raised its holdings in shares of United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock worth $29,000 after purchasing an additional 171 shares during the period. PSI Advisors LLC lifted its position in shares of United Parcel Service by 408.2% in the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company's stock worth $34,000 after buying an additional 200 shares during the last quarter. Princeton Global Asset Management LLC lifted its position in shares of United Parcel Service by 720.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company's stock worth $34,000 after buying an additional 216 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new position in shares of United Parcel Service in the 3rd quarter valued at about $36,000. Institutional investors own 60.26% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Robert W. Baird lowered shares of United Parcel Service from an "outperform" rating to a "neutral" rating and dropped their price objective for the stock from $160.00 to $130.00 in a research note on Friday, January 31st. Citigroup dropped their price target on United Parcel Service from $158.00 to $149.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. UBS Group reduced their price objective on United Parcel Service from $170.00 to $141.00 and set a "buy" rating for the company in a research report on Friday, January 31st. Susquehanna lowered their price objective on United Parcel Service from $140.00 to $130.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Finally, Stifel Nicolaus cut their target price on United Parcel Service from $156.00 to $153.00 and set a "buy" rating on the stock in a research note on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, United Parcel Service has a consensus rating of "Moderate Buy" and a consensus target price of $140.73.

Insider Buying and Selling

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business's stock in a transaction 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 sale, the insider now directly owns 45,098 shares of the company's stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.13% of the company's stock.

United Parcel Service Price Performance

NYSE UPS traded up $1.55 on Thursday, reaching $116.55. 5,798,355 shares of the stock traded hands, compared to its average volume of 6,643,401. United Parcel Service, Inc. has a 12 month low of $109.40 and a 12 month high of $158.95. The company has a market cap of $99.46 billion, a price-to-earnings ratio of 17.24, a P/E/G ratio of 1.53 and a beta of 0.98. The firm's fifty day simple moving average is $123.71 and its 200 day simple moving average is $128.48. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its 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 39.13% and a net margin of 6.35%. During the same quarter in the previous year, the company earned $2.47 earnings per share. As a group, 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 disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th will be paid a $1.64 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 5.63%. This is a boost from United Parcel Service's previous quarterly dividend of $1.63. United Parcel Service's 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.