2,410 Shares in United Parcel Service, Inc. (NYSE:UPS) Purchased by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 2,410 shares of the transportation company's stock, valued at approximately $304,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Pacific Sage Partners LLC raised its position in United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company's stock valued at $212,000 after buying an additional 77 shares during the last quarter. Quent Capital LLC raised its holdings in shares of United Parcel Service by 16.7% in the fourth quarter. Quent Capital LLC now owns 558 shares of the transportation company's stock valued at $70,000 after purchasing an additional 80 shares during the last quarter. Gleason Group Inc. lifted its position in shares of United Parcel Service by 1.3% in the fourth quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company's stock worth $840,000 after purchasing an additional 84 shares in the last quarter. Dunhill Financial LLC boosted its holdings in United Parcel Service by 4.9% during the third quarter. Dunhill Financial LLC now owns 1,831 shares of the transportation company's stock worth $250,000 after purchasing an additional 86 shares during the last quarter. Finally, Weaver Consulting Group grew its position in United Parcel Service by 3.0% in the third quarter. Weaver Consulting Group now owns 3,053 shares of the transportation company's stock valued at $416,000 after purchasing an additional 89 shares in the last quarter. Institutional investors own 60.26% of the company's stock.

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United Parcel Service Price Performance

NYSE UPS traded down $8.22 during trading on Thursday, hitting $101.98. 4,633,035 shares of the company's stock were exchanged, compared to its average volume of 4,670,099. The stock's 50 day moving average price is $117.20 and its two-hundred day moving average price is $126.04. The company has a market cap of $87.11 billion, a PE ratio of 15.09, a P/E/G ratio of 1.55 and a beta of 0.94. United Parcel Service, Inc. has a fifty-two week low of $101.55 and a fifty-two week high of $154.29. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS 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 period in the prior year, the firm earned $2.47 earnings per share. Research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.43%. This is a boost from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service's dividend payout ratio is presently 97.04%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on UPS shares. StockNews.com upgraded shares of United Parcel Service from a "hold" rating to a "buy" rating in a research note on Wednesday, March 5th. Barclays lowered their price target on United Parcel Service from $100.00 to $90.00 and set an "underweight" rating on the stock in a research report on Monday. Stifel Nicolaus dropped their price target on shares of United Parcel Service from $156.00 to $153.00 and set a "buy" rating on the stock in a research report on Thursday, January 23rd. Citigroup decreased their price objective on shares of United Parcel Service from $158.00 to $149.00 and set a "buy" rating for the company in a research report on Friday, January 31st. Finally, Robert W. Baird downgraded shares of United Parcel Service from an "outperform" rating to a "neutral" rating and cut their target price for the company from $160.00 to $130.00 in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, United Parcel Service presently has a consensus rating of "Moderate Buy" and a consensus target price of $135.22.

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.