HB Wealth Management LLC Acquires 6,183 Shares of United Parcel Service, Inc. (NYSE:UPS)

HB Wealth Management LLC lifted its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 18.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 39,106 shares of the transportation company's stock after purchasing an additional 6,183 shares during the period. HB Wealth Management LLC's holdings in United Parcel Service were worth $4,931,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of UPS. Cigna Investments Inc. New lifted its position in shares of United Parcel Service by 1.0% in the 3rd quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company's stock worth $1,024,000 after purchasing an additional 75 shares during the period. Banco Santander S.A. lifted its holdings in United Parcel Service by 0.6% in the third quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company's stock worth $1,717,000 after buying an additional 79 shares during the period. Gleason Group Inc. boosted its position in United Parcel Service by 1.2% during the 3rd quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company's stock valued at $897,000 after acquiring an additional 80 shares in the last quarter. Tradewinds LLC. grew its holdings in shares of United Parcel Service by 1.8% during the 3rd quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company's stock worth $612,000 after acquiring an additional 81 shares during the period. Finally, OLD Second National Bank of Aurora raised its position in shares of United Parcel Service by 1.2% in the 3rd quarter. OLD Second National Bank of Aurora now owns 7,177 shares of the transportation company's stock worth $979,000 after acquiring an additional 83 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Performance

UPS traded down $0.17 during mid-day trading on Friday, reaching $129.77. 4,260,034 shares of the company traded hands, compared to its average volume of 3,680,905. The company's fifty day moving average price is $128.95 and its 200-day moving average price is $130.90. The stock has a market capitalization of $110.74 billion, a P/E ratio of 19.60, a P/E/G ratio of 1.73 and a beta of 1.00. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.13. The company had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. United Parcel Service's revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.57 earnings per share. On average, sell-side analysts expect that United Parcel Service, Inc. will post 7.49 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently announced 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 of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.02%. United Parcel Service's dividend payout ratio (DPR) is 98.49%.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares of the company's stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on UPS shares. Bank of America upgraded United Parcel Service from a "neutral" rating to a "buy" rating and set a $150.00 price objective for the company in a report on Thursday. The Goldman Sachs Group decreased their price target on shares of United Parcel Service from $165.00 to $162.00 and set a "buy" rating for the company in a research note on Wednesday, October 9th. UBS Group lifted their price target on shares of United Parcel Service from $159.00 to $170.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Oppenheimer raised their target price on shares of United Parcel Service from $140.00 to $146.00 and gave the company an "outperform" rating in a research note on Monday, October 28th. Finally, Wolfe Research raised United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 price target on the stock in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $151.10.

About United Parcel Service

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.