Strategic Wealth Investment Group LLC Sells 3,054 Shares of United Parcel Service, Inc. (NYSE:UPS)

Strategic Wealth Investment Group LLC reduced its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 9.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,722 shares of the transportation company's stock after selling 3,054 shares during the period. Strategic Wealth Investment Group LLC's holdings in United Parcel Service were worth $3,748,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. IFS Advisors LLC increased its stake in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock worth $27,000 after acquiring an additional 151 shares during the last quarter. True Wealth Design LLC increased its position in shares of United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock worth $29,000 after purchasing an additional 171 shares during the last quarter. PSI Advisors LLC raised its stake in United Parcel Service by 408.2% in the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company's stock valued at $34,000 after purchasing an additional 200 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company's stock valued at $34,000 after purchasing an additional 216 shares during the last quarter. Finally, FSA Wealth Management LLC purchased a new position in United Parcel Service in the 3rd quarter worth approximately $36,000. Institutional investors own 60.26% of the company's stock.

United Parcel Service Trading Down 0.6 %

NYSE:UPS traded down $0.71 during mid-day trading on Friday, reaching $114.19. 15,842,034 shares of the company's stock traded hands, compared to its average volume of 6,791,747. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market capitalization of $97.45 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.88 and a beta of 1.00. The company has a 50 day moving average price of $128.72 and a 200-day moving average price of $130.61. United Parcel Service, Inc. has a 12-month low of $109.62 and a 12-month high of $158.95.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. During the same quarter in the previous year, the company earned $2.47 EPS. On average, sell-side analysts predict that United Parcel Service, Inc. will post 7.5 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 5.71%. United Parcel Service's dividend payout ratio is presently 98.49%.

Analyst Ratings Changes

A number of research firms have recently issued reports on UPS. Raymond James dropped their price objective on shares of United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating for the company in a report on Friday. StockNews.com raised United Parcel Service from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th. UBS Group reduced their price objective on United Parcel Service from $170.00 to $141.00 and set a "buy" rating on the stock in a research report on Friday. The Goldman Sachs Group dropped their target price on United Parcel Service from $166.00 to $147.00 and set a "buy" rating for the company in a research report on Friday. Finally, Wells Fargo & Company reduced their price target on shares of United Parcel Service from $150.00 to $128.00 and set an "overweight" rating on the stock in a research report on Friday. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $141.95.

Insider Buying and Selling

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the sale, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by insiders.

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.