United Parcel Service, Inc. (NYSE:UPS) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 10.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,570 shares of the transportation company's stock after purchasing an additional 8,693 shares during the period. Orion Portfolio Solutions LLC's holdings in United Parcel Service were worth $11,673,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in UPS. Pacific Sage Partners LLC lifted its holdings 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 in the last quarter. Quent Capital LLC lifted its stake in 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 in the last quarter. Gleason Group Inc. boosted its holdings in United Parcel Service by 1.3% in the 4th quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company's stock worth $840,000 after buying an additional 84 shares during the last quarter. Dunhill Financial LLC increased its stake in United Parcel Service by 4.9% during the 3rd quarter. Dunhill Financial LLC now owns 1,831 shares of the transportation company's stock worth $250,000 after buying an additional 86 shares in the last quarter. Finally, Weaver Consulting Group raised its holdings in shares of United Parcel Service by 3.0% during the third quarter. Weaver Consulting Group now owns 3,053 shares of the transportation company's stock valued at $416,000 after acquiring an additional 89 shares during the last quarter. Institutional investors own 60.26% of the company's stock.

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United Parcel Service Stock Down 1.0 %

Shares of UPS stock traded down $1.09 during trading on Tuesday, reaching $108.90. The company's stock had a trading volume of 1,997,107 shares, compared to its average volume of 4,659,998. The company has a market capitalization of $93.02 billion, a price-to-earnings ratio of 16.08, a P/E/G ratio of 1.55 and a beta of 0.94. United Parcel Service, Inc. has a 1-year low of $108.30 and a 1-year high of $154.29. 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 stock's 50-day moving average price is $118.12 and its 200 day moving average price is $126.27.

United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) 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 period last year, the firm earned $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 business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were given a dividend of $1.64 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.02%. United Parcel Service's payout ratio is currently 97.04%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Citigroup decreased their price target on shares of United Parcel Service from $158.00 to $149.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. Raymond James dropped their target price on United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating for the company in a report on Friday, January 31st. Loop Capital reduced their price target on United Parcel Service from $120.00 to $115.00 and set a "hold" rating on the stock in a report on Monday, February 3rd. Truist Financial started coverage on shares of United Parcel Service in a report on Thursday, March 13th. They issued a "buy" rating and a $140.00 price objective for the company. Finally, Wells Fargo & Company reduced their target price on shares of United Parcel Service from $128.00 to $120.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $135.83.

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.