Level Four Advisory Services LLC Has $5.42 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Level Four Advisory Services LLC cut its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 17.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,957 shares of the transportation company's stock after selling 8,859 shares during the quarter. Level Four Advisory Services LLC's holdings in United Parcel Service were worth $5,417,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. CreativeOne Wealth LLC raised its holdings in shares of United Parcel Service by 23.0% during the 3rd quarter. CreativeOne Wealth LLC now owns 14,532 shares of the transportation company's stock valued at $1,981,000 after purchasing an additional 2,720 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in United Parcel Service by 7.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 285,266 shares of the transportation company's stock valued at $38,893,000 after buying an additional 19,666 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of United Parcel Service by 6.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,639,272 shares of the transportation company's stock worth $632,518,000 after buying an additional 292,777 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in shares of United Parcel Service by 14.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 32,289 shares of the transportation company's stock worth $4,402,000 after acquiring an additional 4,100 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. increased its holdings in shares of United Parcel Service by 44.4% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 55,829 shares of the transportation company's stock valued at $7,612,000 after acquiring an additional 17,155 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

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United Parcel Service Price Performance

Shares of NYSE UPS traded down $0.54 during mid-day trading on Tuesday, hitting $109.45. 2,438,288 shares of the stock were exchanged, compared to its average volume of 6,321,488. The company has a market cap of $93.49 billion, a P/E ratio of 16.20, a PEG ratio of 1.55 and a beta of 0.94. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. United Parcel Service, Inc. has a twelve month low of $108.30 and a twelve month high of $154.29. The stock's fifty day simple moving average is $118.12 and its two-hundred day simple moving average is $126.27.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share 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 quarter in the previous year, the business posted $2.47 earnings per share. As a group, analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were given a dividend of $1.64 per share. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 annualized dividend and a yield of 5.99%. United Parcel Service's dividend payout ratio is 97.04%.

Analysts Set New Price Targets

UPS has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their target price on United Parcel Service from $135.00 to $120.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. BMO Capital Markets raised shares of United Parcel Service from a "market perform" rating to an "outperform" rating and decreased their price objective for the stock from $155.00 to $150.00 in a report on Tuesday, December 10th. Evercore ISI lifted their target price on shares of United Parcel Service from $141.00 to $147.00 and gave the stock an "in-line" rating in a report on Wednesday, January 22nd. Citigroup decreased their price target on shares of United Parcel Service from $158.00 to $149.00 and set a "buy" rating for the company in a report on Friday, January 31st. Finally, Robert W. Baird lowered United Parcel Service from an "outperform" rating to a "neutral" rating and dropped their price objective for the stock from $160.00 to $130.00 in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target 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.