HBW Advisory Services LLC Has $1.62 Million Holdings in United Parcel Service, Inc. $UPS

HBW Advisory Services LLC grew its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 668.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,402 shares of the transportation company’s stock after acquiring an additional 16,876 shares during the quarter. HBW Advisory Services LLC’s holdings in United Parcel Service were worth $1,621,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in United Parcel Service by 1.2% during the second quarter. Vanguard Group Inc. now owns 66,905,138 shares of the transportation company’s stock worth $6,753,405,000 after buying an additional 768,912 shares during the last quarter. State Street Corp grew its holdings in shares of United Parcel Service by 1.5% during the second quarter. State Street Corp now owns 30,774,530 shares of the transportation company’s stock valued at $3,106,381,000 after buying an additional 444,384 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of United Parcel Service by 3.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 25,792,139 shares of the transportation company’s stock worth $2,603,459,000 after acquiring an additional 746,667 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of United Parcel Service by 4.8% in the 2nd quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock worth $1,675,733,000 after acquiring an additional 762,407 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of United Parcel Service in the 2nd quarter worth about $851,842,000. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Price Performance

United Parcel Service stock opened at $100.54 on Friday. The business’s 50 day simple moving average is $95.55 and its 200 day simple moving average is $92.92. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $136.99. The company has a market cap of $85.29 billion, a price-to-earnings ratio of 15.54, a PEG ratio of 2.40 and a beta of 1.11. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.50.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The firm had revenue of $21.42 billion for the quarter, compared to analyst estimates of $20.94 billion. During the same period in the previous year, the company posted $1.76 earnings per share. The business’s revenue was down 3.7% on a year-over-year basis. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, November 17th were issued a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $6.56 annualized dividend and a yield of 6.5%. United Parcel Service’s dividend payout ratio is 101.39%.

Wall Street Analyst Weigh In

A number of analysts have commented on UPS shares. Citigroup boosted their price objective on United Parcel Service from $112.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. UBS Group lifted their target price on United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Susquehanna upped their price target on United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Stephens raised United Parcel Service to a “hold” rating in a research report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating on the stock in a report on Thursday, October 2nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $110.09.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.