Wealth Management Partners LLC Has $759,000 Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Wealth Management Partners LLC reduced its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 36.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,018 shares of the transportation company's stock after selling 3,461 shares during the quarter. Wealth Management Partners LLC's holdings in United Parcel Service were worth $759,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in United Parcel Service by 4.3% during the third quarter. Principal Financial Group Inc. now owns 829,280 shares of the transportation company's stock valued at $113,064,000 after acquiring an additional 33,989 shares during the period. Synovus Financial Corp raised its holdings in United Parcel Service by 8.6% in the third quarter. Synovus Financial Corp now owns 87,531 shares of the transportation company's stock valued at $11,934,000 after buying an additional 6,941 shares during the period. Van ECK Associates Corp grew its stake in United Parcel Service by 1,061.1% during the third quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company's stock worth $232,959,000 after buying an additional 1,620,091 shares during the period. HF Advisory Group LLC acquired a new stake in shares of United Parcel Service in the fourth quarter worth $1,305,000. Finally, Cohen Investment Advisors LLC lifted its stake in shares of United Parcel Service by 26.4% during the third quarter. Cohen Investment Advisors LLC now owns 18,357 shares of the transportation company's stock worth $2,503,000 after purchasing an additional 3,835 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Down 0.1 %

Shares of NYSE UPS traded down $0.17 during mid-day trading on Monday, hitting $129.77. The company had a trading volume of 4,260,034 shares, compared to its average volume of 3,680,905. 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 simple moving average of $128.95 and a two-hundred day simple moving average of $130.87. The company has a market capitalization of $110.74 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.73 and a beta of 1.00. United Parcel Service, Inc. has a one year low of $121.56 and a one year high of $161.35.

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

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date was Monday, November 18th. United Parcel Service's dividend payout ratio is currently 98.49%.

Wall Street Analyst Weigh In

Several brokerages recently commented on UPS. JPMorgan Chase & Co. raised their target price on United Parcel Service from $134.00 to $135.00 and gave the company a "neutral" rating in a report on Tuesday, January 7th. UBS Group lifted their target price on United Parcel Service from $159.00 to $170.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Susquehanna increased their price objective on shares of United Parcel Service from $135.00 to $140.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Argus raised shares of United Parcel Service from a "hold" rating to a "buy" rating in a report on Tuesday, November 5th. Finally, Stifel Nicolaus upped their price objective on United Parcel Service from $151.00 to $156.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $151.10.

Insider Transactions 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 on 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 in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is owned by company insiders.

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.