United Capital Financial Advisors LLC Sells 3,170 Shares of United Parcel Service, Inc. (NYSE:UPS)

United Capital Financial Advisors LLC cut its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,323 shares of the transportation company's stock after selling 3,170 shares during the period. United Capital Financial Advisors LLC's holdings in United Parcel Service were worth $9,498,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IMG Wealth Management Inc. bought a new stake in United Parcel Service during the 4th quarter valued at $25,000. Generali Investments Management Co LLC bought a new stake in United Parcel Service in the 4th quarter worth about $26,000. IFS Advisors LLC lifted 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 in the last quarter. Runnymede Capital Advisors Inc. bought a new position in shares of United Parcel Service during the 4th quarter worth approximately $30,000. Finally, Whipplewood Advisors LLC purchased a new position in shares of United Parcel Service in the 4th quarter worth approximately $34,000. 60.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

UPS has been the topic of several research analyst reports. StockNews.com raised United Parcel Service from a "hold" rating to a "buy" rating in a research report on Friday. UBS Group reduced their price target on shares of United Parcel Service from $141.00 to $127.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Galvan Research dropped their target price on shares of United Parcel Service from $147.00 to $133.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of United Parcel Service in a research note on Friday, March 7th. They set a "hold" rating and a $119.00 price target for the company. Finally, Robert W. Baird downgraded United Parcel Service from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from $160.00 to $130.00 in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $129.70.

United Parcel Service Price Performance

Shares of NYSE UPS traded up $2.14 during midday trading on Friday, hitting $96.34. 4,738,497 shares of the company's stock were exchanged, compared to its average volume of 4,826,073. The business's fifty day moving average price is $110.76 and its two-hundred day moving average price is $122.99. The company has a market cap of $82.29 billion, a price-to-earnings ratio of 14.25, a PEG 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 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 announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period last year, the firm earned $2.47 earnings per share. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.81%. This is a positive change from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. United Parcel Service's payout ratio is presently 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.