TD Private Client Wealth LLC Trims Position in United Parcel Service, Inc. (NYSE:UPS)

TD Private Client Wealth LLC trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 21.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,169 shares of the transportation company's stock after selling 3,643 shares during the quarter. TD Private Client Wealth LLC's holdings in United Parcel Service were worth $1,661,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. IMG Wealth Management Inc. bought a new stake in shares of United Parcel Service during the 4th quarter worth approximately $25,000. Generali Investments Management Co LLC purchased a new stake in United Parcel Service in the fourth quarter worth $26,000. IFS Advisors LLC lifted its position in shares of United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock worth $27,000 after purchasing an additional 151 shares during the last quarter. True Wealth Design LLC boosted its stake in shares of United Parcel Service by 397.7% during the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock valued at $29,000 after purchasing an additional 171 shares during the period. Finally, Whipplewood Advisors LLC bought a new position in shares of United Parcel Service in the fourth quarter worth about $34,000. Institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Down 5.0 %

NYSE UPS traded down $5.79 during trading on Tuesday, hitting $110.01. The company's stock had a trading volume of 10,622,008 shares, compared to its average volume of 4,524,087. United Parcel Service, Inc. has a fifty-two week low of $109.40 and a fifty-two week high of $157.99. The company has a market cap of $93.97 billion, a PE ratio of 16.27, a P/E/G ratio of 1.55 and a beta of 0.94. 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 business's 50 day simple moving average is $119.63 and its 200-day simple moving average is $126.79.

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United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping analysts' consensus estimates of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period in the previous year, the firm posted $2.47 earnings per share. On average, equities analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 5.96%. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service's dividend payout ratio is presently 97.04%.

Analyst Upgrades and Downgrades

UPS has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft started coverage on shares of United Parcel Service in a report on Friday, March 7th. They set a "hold" rating and a $119.00 price objective for the company. Baird R W downgraded shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 31st. UBS Group dropped their price objective on United Parcel Service from $170.00 to $141.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. Raymond James decreased their target price on United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating for the company in a research report on Friday, January 31st. Finally, Robert W. Baird cut United Parcel Service from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $160.00 to $130.00 in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, United Parcel Service currently has an average rating of "Moderate Buy" and an average target price of $137.91.

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.