OneDigital Investment Advisors LLC Acquires 13,437 Shares of United Parcel Service, Inc. (NYSE:UPS)

OneDigital Investment Advisors LLC raised its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 105.4% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 26,190 shares of the transportation company's stock after buying an additional 13,437 shares during the period. OneDigital Investment Advisors LLC's holdings in United Parcel Service were worth $3,571,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC raised its position in shares of United Parcel Service by 15,779.6% during the 3rd quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company's stock valued at $1,994,853,000 after acquiring an additional 14,539,321 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of United Parcel Service by 6.5% during the 1st quarter. Clearbridge Investments LLC now owns 6,671,306 shares of the transportation company's stock worth $991,556,000 after buying an additional 406,248 shares during the period. Bank of New York Mellon Corp increased its stake in shares of United Parcel Service by 0.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 6,490,712 shares of the transportation company's stock valued at $888,254,000 after acquiring an additional 20,426 shares during the last quarter. American Century Companies Inc. increased its stake in shares of United Parcel Service by 10.5% in the 2nd quarter. American Century Companies Inc. now owns 4,144,372 shares of the transportation company's stock valued at $567,157,000 after acquiring an additional 393,434 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of United Parcel Service by 2.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,113,870 shares of the transportation company's stock valued at $611,445,000 after acquiring an additional 101,349 shares during the period. Institutional investors own 60.26% of the company's stock.

United Parcel Service Price Performance

United Parcel Service stock traded up $1.43 during trading hours on Friday, reaching $134.07. 3,337,614 shares of the stock were exchanged, compared to its average volume of 3,986,738. The stock has a 50 day moving average of $132.50 and a two-hundred day moving average of $134.76. The company has a market cap of $114.84 billion, a P/E ratio of 20.25, a price-to-earnings-growth ratio of 2.18 and a beta of 0.99. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a twelve month low of $123.12 and a twelve month high of $163.82.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The business had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.10 billion. During the same period in the prior year, the firm posted $1.57 EPS. United Parcel Service's quarterly revenue was up 5.4% compared to the same quarter last year. Equities analysts expect that United Parcel Service, Inc. will post 7.48 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, November 18th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 4.86%. United Parcel Service's payout ratio is 98.49%.

Analyst Ratings Changes

Several equities research analysts have commented on UPS shares. Wells Fargo & Company upped their target price on shares of United Parcel Service from $134.00 to $142.00 and gave the company an "overweight" rating in a research note on Thursday, October 10th. Bank of America raised their price objective on United Parcel Service from $132.00 to $150.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Stifel Nicolaus boosted their target price on United Parcel Service from $151.00 to $156.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Citigroup dropped their price target on United Parcel Service from $163.00 to $158.00 and set a "buy" rating on the stock in a research report on Tuesday. Finally, Robert W. Baird lowered their target price on United Parcel Service from $170.00 to $160.00 and set an "outperform" rating for the company in a research note on Wednesday, July 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $151.52.

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.