Wealthcare Advisory Partners LLC Has $7.31 Million Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Wealthcare Advisory Partners LLC boosted its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 20.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 58,003 shares of the transportation company's stock after purchasing an additional 10,041 shares during the quarter. Wealthcare Advisory Partners LLC's holdings in United Parcel Service were worth $7,314,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. IFS Advisors LLC increased its stake in United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock valued at $27,000 after buying an additional 151 shares during the period. True Wealth Design LLC grew its stake in shares of United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock worth $29,000 after purchasing an additional 171 shares during the last quarter. PSI Advisors LLC grew its stake 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 purchasing an additional 200 shares during the last quarter. Princeton Global Asset Management LLC increased its position in shares of United Parcel Service by 720.0% in the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company's stock worth $34,000 after acquiring an additional 216 shares in the last quarter. Finally, FSA Wealth Management LLC purchased a new position in shares of United Parcel Service in the third quarter worth approximately $36,000. 60.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UPS has been the topic of several analyst reports. Bank of America raised shares of United Parcel Service from a "neutral" rating to a "buy" rating and set a $150.00 target price on the stock in a research report on Thursday. Oppenheimer raised their price target on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. StockNews.com upgraded shares of United Parcel Service from a "hold" rating to a "buy" rating in a report on Wednesday, November 6th. Citigroup decreased their price target on shares of United Parcel Service from $163.00 to $158.00 and set a "buy" rating for the company in a report on Tuesday, November 12th. Finally, Wolfe Research upgraded shares of United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 price target for the company in a report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $151.10.

United Parcel Service Stock Performance

UPS stock traded down $0.17 on Friday, reaching $129.77. 4,259,250 shares of the company were exchanged, compared to its average volume of 4,573,681. United Parcel Service, Inc. has a 12 month low of $121.56 and a 12 month high of $161.35. The stock's fifty day moving average price is $129.01 and its 200 day moving average price is $130.97. The firm has a market capitalization of $110.74 billion, a PE ratio of 19.60, a PEG ratio of 1.73 and a beta of 1.00. 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 issued its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.63 by $0.13. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The company had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $22.10 billion. During the same quarter in the previous year, the company earned $1.57 EPS. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. On average, research analysts anticipate that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

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

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company's 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 transaction, the insider now owns 45,098 shares in the company, valued at $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

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.