United Parcel Service, Inc. (NYSE:UPS) Shares Sold by UMB Bank n.a.

UMB Bank n.a. decreased its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 11.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 26,332 shares of the transportation company's stock after selling 3,446 shares during the period. UMB Bank n.a.'s holdings in United Parcel Service were worth $3,320,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of UPS. International Assets Investment Management LLC raised its position in United Parcel Service by 15,779.6% in the third quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company's stock valued at $1,994,853,000 after purchasing an additional 14,539,321 shares during the period. Marshall Wace LLP lifted its position in United Parcel Service by 284.8% during the 2nd quarter. Marshall Wace LLP now owns 2,569,831 shares of the transportation company's stock worth $351,681,000 after acquiring an additional 1,901,914 shares in the last quarter. Two Sigma Advisers LP boosted its holdings in United Parcel Service by 833.4% in the 3rd quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company's stock worth $282,783,000 after acquiring an additional 1,851,900 shares during the period. Van ECK Associates Corp grew its position in United Parcel Service by 1,061.1% in the third quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company's stock valued at $232,959,000 after acquiring an additional 1,620,091 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of United Parcel Service by 6.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company's stock valued at $2,989,609,000 after purchasing an additional 1,320,921 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group raised their price target on shares of United Parcel Service from $159.00 to $170.00 and gave the company a "buy" rating in a report on Friday, October 25th. Wells Fargo & Company dropped their target price on United Parcel Service from $155.00 to $150.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 7th. Argus upgraded United Parcel Service from a "hold" rating to a "buy" rating in a research note on Tuesday, November 5th. The Goldman Sachs Group dropped their price objective on United Parcel Service from $165.00 to $162.00 and set a "buy" rating on the stock in a report on Wednesday, October 9th. Finally, Bank of America raised shares of United Parcel Service from a "neutral" rating to a "buy" rating and set a $150.00 price target for the company in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, United Parcel Service currently has an average rating of "Moderate Buy" and an average target price of $151.10.

United Parcel Service Stock Performance

UPS traded up $2.15 during trading on Tuesday, reaching $131.88. 3,182,133 shares of the company were exchanged, compared to its average volume of 4,449,164. United Parcel Service, Inc. has a 52 week low of $121.56 and a 52 week high of $161.35. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20. The firm has a 50 day moving average of $128.92 and a 200 day moving average of $130.83. The stock has a market cap of $112.54 billion, a P/E ratio of 19.94, a PEG ratio of 1.82 and a beta of 1.00.

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

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders 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 4.94%. United Parcel Service's dividend payout ratio (DPR) is presently 98.49%.

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.