Two Sigma Securities LLC Has $556,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

Two Sigma Securities LLC decreased its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 83.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,411 shares of the transportation company's stock after selling 22,689 shares during the period. Two Sigma Securities LLC's holdings in United Parcel Service were worth $556,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Pacific Sage Partners LLC increased its stake in United Parcel Service by 4.8% during the fourth quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company's stock valued at $212,000 after purchasing an additional 77 shares during the last quarter. Quent Capital LLC boosted its holdings in shares of United Parcel Service by 16.7% in the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company's stock valued at $70,000 after buying an additional 80 shares during the period. Gleason Group Inc. grew its position in shares of United Parcel Service by 1.3% during the 4th quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company's stock valued at $840,000 after buying an additional 84 shares during the last quarter. Versant Capital Management Inc raised its stake in United Parcel Service by 2.5% during the fourth quarter. Versant Capital Management Inc now owns 3,583 shares of the transportation company's stock worth $452,000 after acquiring an additional 89 shares during the period. Finally, Altus Wealth Group LLC lifted its holdings in United Parcel Service by 4.6% in the fourth quarter. Altus Wealth Group LLC now owns 2,022 shares of the transportation company's stock worth $255,000 after acquiring an additional 89 shares during the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on UPS shares. Truist Financial dropped their price target on United Parcel Service from $140.00 to $130.00 and set a "buy" rating on the stock in a research report on Thursday. Deutsche Bank Aktiengesellschaft started coverage on United Parcel Service in a research note on Friday, March 7th. They issued a "hold" rating and a $119.00 target price on the stock. Loop Capital lowered their price target on shares of United Parcel Service from $120.00 to $115.00 and set a "hold" rating for the company in a research report on Monday, February 3rd. Evercore ISI lifted their price objective on shares of United Parcel Service from $141.00 to $147.00 and gave the company an "in-line" rating in a research report on Wednesday, January 22nd. Finally, Bank of America decreased their target price on shares of United Parcel Service from $133.00 to $129.00 and set a "buy" rating for the company in a research report on Tuesday, March 25th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $126.41.

United Parcel Service Price Performance

NYSE:UPS traded down $1.02 during trading hours on Monday, reaching $96.89. 8,629,245 shares of the company's stock were exchanged, compared to its average volume of 4,857,344. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $82.76 billion, a P/E ratio of 14.33, a price-to-earnings-growth ratio of 1.55 and a beta of 1.10. United Parcel Service, Inc. has a 12 month low of $90.55 and a 12 month high of $153.42. The business's 50-day simple moving average is $108.58 and its two-hundred day simple moving average is $121.40.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping 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 firm posted $2.47 earnings per share. Sell-side analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were paid a dividend of $1.64 per share. The ex-dividend date was Tuesday, February 18th. This is a positive change 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 6.77%. United Parcel Service's dividend payout ratio is currently 97.04%.

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.