Sava Infond d.o.o. Invests $1.04 Million in United Parcel Service, Inc. (NYSE:UPS)

Sava Infond d.o.o. purchased a new stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,210 shares of the transportation company's stock, valued at approximately $1,035,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. WINTON GROUP Ltd bought a new position in shares of United Parcel Service during the 4th quarter valued at approximately $3,805,000. Artisan Partners Limited Partnership boosted its position in shares of United Parcel Service by 5.4% in the fourth quarter. Artisan Partners Limited Partnership now owns 1,246,471 shares of the transportation company's stock worth $157,180,000 after purchasing an additional 63,882 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of United Parcel Service by 9.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,161,548 shares of the transportation company's stock valued at $143,788,000 after purchasing an additional 99,617 shares during the period. Graney & King LLC purchased a new position in shares of United Parcel Service during the 4th quarter valued at $41,000. Finally, Ausdal Financial Partners Inc. boosted its holdings in United Parcel Service by 113.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 5,106 shares of the transportation company's stock worth $644,000 after buying an additional 2,714 shares during the period. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Trading Down 1.2 %

Shares of NYSE:UPS traded down $1.36 during trading on Friday, reaching $109.66. 3,282,367 shares of the company were exchanged, compared to its average volume of 4,661,575. 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 firm has a market capitalization of $93.66 billion, a PE ratio of 16.22, a P/E/G ratio of 1.55 and a beta of 0.94. The business's fifty day simple moving average is $118.52 and its 200-day simple moving average is $126.42. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $154.29.

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United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating analysts' consensus estimates 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 firm posted $2.47 earnings per share. On average, research analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently announced 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 annualized dividend and a yield of 5.98%. This is a boost from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service's dividend payout ratio is presently 97.04%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Wells Fargo & Company lowered their price objective on United Parcel Service from $128.00 to $120.00 and set an "overweight" rating on the stock in a research report on Thursday. JPMorgan Chase & Co. dropped their price target on 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. Loop Capital reduced 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. StockNews.com raised shares of United Parcel Service from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th. Finally, Raymond James cut their target price on shares of United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating for the company in a research note on Friday, January 31st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $137.57.

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.