WINTON GROUP Ltd Takes $3.81 Million Position in United Parcel Service, Inc. (NYSE:UPS)

WINTON GROUP Ltd acquired a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,171 shares of the transportation company's stock, valued at approximately $3,805,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IMG Wealth Management Inc. acquired a new position in shares of United Parcel Service in the 4th quarter valued at $25,000. Generali Investments Management Co LLC acquired a new position in United Parcel Service in the fourth quarter valued at $26,000. IFS Advisors LLC raised its holdings in shares of United Parcel Service by 232.3% in the fourth 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 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 worth $29,000 after buying an additional 171 shares during the period. Finally, Runnymede Capital Advisors Inc. acquired a new position in United Parcel Service in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 60.26% of the company's stock.

Analyst Ratings Changes

UPS has been the topic of several analyst reports. The Goldman Sachs Group lowered their target price on United Parcel Service from $166.00 to $147.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. Raymond James lowered their price objective on shares of United Parcel Service from $155.00 to $145.00 and set a "strong-buy" rating on the stock in a research report on Friday, January 31st. Loop Capital cut their price objective on shares of United Parcel Service from $120.00 to $115.00 and set a "hold" rating for the company in a research report on Monday, February 3rd. Truist Financial assumed coverage on shares of United Parcel Service in a report on Thursday, March 13th. They issued a "buy" rating and a $140.00 target price on the stock. Finally, Stifel Nicolaus lowered their price objective on United Parcel Service from $156.00 to $153.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $137.57.

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United Parcel Service Price Performance

Shares of UPS traded down $1.36 during mid-day trading on Friday, reaching $109.66. 3,282,367 shares of the company's stock were exchanged, compared to its average volume of 4,661,575. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. United Parcel Service, Inc. has a 52-week low of $109.40 and a 52-week high of $154.29. The company has a market cap of $93.66 billion, a price-to-earnings ratio of 16.22, a PEG ratio of 1.55 and a beta of 0.94. The company has a 50-day simple moving average of $118.52 and a two-hundred day simple moving average of $126.42.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter in the prior year, the business earned $2.47 earnings per share. On average, sell-side analysts predict 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 paid a $1.64 dividend. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 annualized dividend and a yield of 5.98%. United Parcel Service's payout ratio is presently 97.04%.

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.