Saturna Capital Corp Has $34.66 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Saturna Capital Corp increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 1.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 274,863 shares of the transportation company's stock after purchasing an additional 3,368 shares during the period. Saturna Capital Corp's holdings in United Parcel Service were worth $34,660,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. IFS Advisors LLC grew 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 worth $27,000 after buying an additional 151 shares during the period. True Wealth Design LLC boosted its stake in 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 acquiring an additional 171 shares in the last quarter. Whipplewood Advisors LLC bought a new position in United Parcel Service during the fourth quarter worth $34,000. FSA Wealth Management LLC acquired a new stake in United Parcel Service in the third quarter worth $36,000. Finally, Sugar Maple Asset Management LLC bought a new stake in United Parcel Service in the fourth quarter valued at $38,000. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Trading Down 3.5 %

NYSE UPS opened at $116.35 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The stock has a market capitalization of $99.38 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.55 and a beta of 0.94. United Parcel Service, Inc. has a one year low of $109.40 and a one year high of $158.95. The business's fifty day moving average is $121.45 and its 200-day moving average is $127.64.

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United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings data 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 last year, the business earned $2.47 earnings per share. Equities research analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were paid a $1.64 dividend. This is a boost from United Parcel Service's previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a yield of 5.64%. The ex-dividend date was Tuesday, February 18th. United Parcel Service's payout ratio is currently 97.04%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on UPS shares. Loop Capital cut their price objective on shares of United Parcel Service from $120.00 to $115.00 and set a "hold" rating on the stock in a research report on Monday, February 3rd. Raymond James cut their price target on United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating on the stock in a report on Friday, January 31st. Baird R W downgraded United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Friday, January 31st. UBS Group cut their target price on United Parcel Service from $170.00 to $141.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. decreased their price target on shares of United Parcel Service from $135.00 to $120.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

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.

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