United Parcel Service, Inc. (NYSE:UPS) Shares Sold by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 93.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 469 shares of the transportation company's stock after selling 6,708 shares during the quarter. OLD Second National Bank of Aurora's holdings in United Parcel Service were worth $59,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Quarry LP increased its position in United Parcel Service by 453.6% during the 2nd quarter. Quarry LP now owns 537 shares of the transportation company's stock valued at $73,000 after buying an additional 440 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of United Parcel Service during the second quarter valued at about $20,309,000. Newbridge Financial Services Group Inc. increased its holdings in shares of United Parcel Service by 67.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 745 shares of the transportation company's stock valued at $102,000 after acquiring an additional 300 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of United Parcel Service by 47,670.7% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 450,000 shares of the transportation company's stock valued at $61,582,000 after purchasing an additional 449,058 shares during the last quarter. Finally, Neville Rodie & Shaw Inc. boosted its stake in United Parcel Service by 3.8% in the 3rd quarter. Neville Rodie & Shaw Inc. now owns 10,000 shares of the transportation company's stock worth $1,363,000 after purchasing an additional 365 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Price Performance

Shares of NYSE:UPS traded down $0.71 during midday trading on Friday, reaching $114.19. 15,842,034 shares of the company's stock traded hands, compared to its average volume of 6,791,747. The company has a market cap of $97.45 billion, a P/E ratio of 17.25, a PEG ratio of 1.88 and a beta of 1.00. The company has a fifty day simple moving average of $128.72 and a two-hundred day simple moving average of $130.61. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. United Parcel Service, Inc. has a 1 year low of $109.62 and a 1 year high of $158.95.

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, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. During the same period last year, the business earned $2.47 EPS. Equities analysts predict that United Parcel Service, Inc. will post 7.5 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were issued a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.71%. United Parcel Service's payout ratio is currently 98.49%.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares of the company's stock, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. The Goldman Sachs Group decreased their price target on shares of United Parcel Service from $166.00 to $147.00 and set a "buy" rating for the company in a report on Friday. Stifel Nicolaus reduced their target price on United Parcel Service from $156.00 to $153.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. Morgan Stanley dropped their price target on United Parcel Service from $100.00 to $82.00 and set an "underweight" rating on the stock in a research note on Friday. Susquehanna reduced their price objective on United Parcel Service from $140.00 to $130.00 and set a "neutral" rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. dropped their target price on United Parcel Service from $135.00 to $120.00 and set a "neutral" rating on the stock in a research report on Friday. Two research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $141.95.

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.