68,828 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by Partners Capital Investment Group LLP

Partners Capital Investment Group LLP bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 68,828 shares of the transportation company's stock, valued at approximately $10,822,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tennessee Valley Asset Management Partners bought a new stake in United Parcel Service during the 4th quarter worth approximately $26,000. Life Planning Partners Inc bought a new position in shares of United Parcel Service in the 4th quarter worth $28,000. Northwest Financial Advisors bought a new position in shares of United Parcel Service in the 4th quarter worth $28,000. Bourgeon Capital Management LLC bought a new position in shares of United Parcel Service in the 4th quarter worth $31,000. Finally, VisionPoint Advisory Group LLC increased its holdings in shares of United Parcel Service by 69.5% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company's stock worth $37,000 after buying an additional 98 shares during the last quarter. Institutional investors own 60.26% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. BMO Capital Markets increased their price target on shares of United Parcel Service from $165.00 to $169.00 and gave the stock a "market perform" rating in a report on Wednesday, April 24th. Robert W. Baird raised shares of United Parcel Service from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $165.00 to $170.00 in a report on Friday, February 16th. Evercore ISI reaffirmed an "in-line" rating and issued a $154.00 price objective on shares of United Parcel Service in a research note on Wednesday, March 27th. Oppenheimer increased their price target on shares of United Parcel Service from $153.00 to $157.00 and gave the company an "outperform" rating in a research report on Wednesday, April 24th. Finally, Susquehanna increased their price target on shares of United Parcel Service from $150.00 to $160.00 and gave the company a "neutral" rating in a research report on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $165.23.

United Parcel Service Stock Performance

Shares of United Parcel Service stock traded up $2.07 during midday trading on Friday, hitting $138.93. The company had a trading volume of 5,887,429 shares, compared to its average volume of 2,852,075. The stock has a market cap of $118.86 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 1.76 and a beta of 1.05. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 1.11. The company has a fifty day simple moving average of $146.15 and a 200 day simple moving average of $150.77. United Parcel Service, Inc. has a 12-month low of $133.58 and a 12-month high of $192.98.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.10. The company had revenue of $21.70 billion during the quarter, compared to analyst estimates of $21.84 billion. United Parcel Service had a net margin of 6.60% and a return on equity of 37.42%. United Parcel Service's revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the firm posted $2.20 EPS. As a group, analysts predict that United Parcel Service, Inc. will post 8.22 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were paid a $1.63 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $6.52 dividend on an annualized basis and a yield of 4.69%. United Parcel Service's dividend payout ratio is currently 94.49%.

United Parcel Service Company 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.

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