Motley Fool Wealth Management LLC Reduces Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Motley Fool Wealth Management LLC decreased its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 10.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 63,745 shares of the transportation company's stock after selling 7,755 shares during the period. Motley Fool Wealth Management LLC's holdings in United Parcel Service were worth $8,027,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. IMG Wealth Management Inc. bought a new stake in shares of United Parcel Service during the fourth quarter valued at about $25,000. Generali Investments Management Co LLC bought a new stake in United Parcel Service during the 4th quarter worth approximately $26,000. IFS Advisors LLC increased its holdings in United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock worth $27,000 after acquiring an additional 151 shares during the period. True Wealth Design LLC lifted its stake in United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock worth $29,000 after purchasing an additional 171 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new position in United Parcel Service in the 4th quarter valued at $30,000. Institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Down 1.2 %

United Parcel Service stock traded down $1.36 during mid-day trading on Friday, reaching $109.66. The stock had a trading volume of 3,282,367 shares, compared to its average volume of 4,661,575. The company has a market capitalization of $93.66 billion, a price-to-earnings ratio of 16.22, a PEG ratio of 1.55 and a beta of 0.94. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. United Parcel Service, Inc. has a one year low of $109.40 and a one year high of $154.29. The company has a 50-day moving average price of $118.52 and a two-hundred day moving average price of $126.42.

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United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 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 quarter in the previous year, the business earned $2.47 EPS. On average, analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were paid a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 5.98%. 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%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their price objective on United Parcel Service from $135.00 to $120.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Citigroup lowered 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. Bank of America cut their price objective on shares of United Parcel Service from $133.00 to $129.00 and set a "buy" rating for the company in a research note on Tuesday. Susquehanna dropped their target price on United Parcel Service from $140.00 to $130.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of United Parcel Service in a report on Friday, March 7th. They issued a "hold" rating and a $119.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $137.57.

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.