United Parcel Service, Inc. (NYSE:UPS) Shares Bought by Verity & Verity LLC

Verity & Verity LLC raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 27.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 165,693 shares of the transportation company's stock after purchasing an additional 36,142 shares during the quarter. United Parcel Service accounts for about 1.9% of Verity & Verity LLC's portfolio, making the stock its 17th largest position. Verity & Verity LLC's holdings in United Parcel Service were worth $20,894,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFS Advisors LLC grew its position in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock worth $27,000 after acquiring an additional 151 shares in the last quarter. True Wealth Design LLC raised its stake in shares of United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock valued at $29,000 after acquiring an additional 171 shares during the period. PSI Advisors LLC lifted its holdings in shares of United Parcel Service by 408.2% in the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company's stock worth $34,000 after acquiring an additional 200 shares during the last quarter. Princeton Global Asset Management LLC boosted its stake in shares of United Parcel Service by 720.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company's stock worth $34,000 after purchasing an additional 216 shares during the period. Finally, FSA Wealth Management LLC bought a new position in United Parcel Service during the 3rd quarter valued at about $36,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company's stock in a transaction that occurred on 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 transaction, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on UPS shares. UBS Group raised their price objective on shares of United Parcel Service from $159.00 to $170.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Wolfe Research upgraded United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 price objective for the company in a report on Wednesday, January 8th. BMO Capital Markets upgraded United Parcel Service from a "market perform" rating to an "outperform" rating and decreased their target price for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. JPMorgan Chase & Co. boosted their target price on shares of United Parcel Service from $134.00 to $135.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. Finally, Evercore ISI raised their price target on shares of United Parcel Service from $138.00 to $141.00 and gave the stock an "in-line" rating in a research note on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service has an average rating of "Moderate Buy" and an average target price of $151.10.

United Parcel Service Stock Down 0.1 %

Shares of UPS stock traded down $0.17 during mid-day trading on Friday, hitting $129.77. 4,260,034 shares of the stock traded hands, compared to its average volume of 3,680,905. The stock has a market cap of $110.74 billion, a P/E ratio of 19.60, a P/E/G ratio of 1.73 and a beta of 1.00. The stock's fifty day moving average is $129.01 and its two-hundred day moving average is $130.97. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings data 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 firm 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%. United Parcel Service's revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.57 EPS. Equities analysts predict that United Parcel Service, Inc. will post 7.49 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a dividend of $1.63 per share. The ex-dividend date was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.02%. United Parcel Service's dividend payout ratio (DPR) is 98.49%.

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.