First National Bank of Omaha Makes New Investment in United Parcel Service, Inc. $UPS

First National Bank of Omaha bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 43,747 shares of the transportation company’s stock, valued at approximately $3,654,000.

Several other institutional investors have also made changes to their positions in the stock. Evelyn Partners Investment Management Europe Ltd lifted its position in shares of United Parcel Service by 110.1% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 131 shares during the period. Mid American Wealth Advisory Group Inc. acquired a new position in United Parcel Service in the second quarter valued at about $26,000. Salzhauer Michael bought a new stake in United Parcel Service during the third quarter worth about $31,000. Physician Wealth Advisors Inc. lifted its position in United Parcel Service by 76.5% during the third quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock worth $31,000 after purchasing an additional 163 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in United Parcel Service during the second quarter worth about $34,000. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Trading Down 3.2%

Shares of UPS stock opened at $115.46 on Wednesday. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $123.70. The company has a current ratio of 1.22, a quick ratio of 1.30 and a debt-to-equity ratio of 1.45. The stock has a market cap of $97.95 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.89 and a beta of 1.11. The stock has a 50-day moving average of $106.87 and a 200-day moving average of $95.23.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.18. The company had revenue of $24.48 billion during the quarter, compared to analysts’ expectations of $23.91 billion. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. United Parcel Service’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the prior year, the company posted $2.75 earnings per share. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th will be issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Tuesday, February 17th. United Parcel Service’s payout ratio is presently 100.00%.

Wall Street Analysts Forecast Growth

UPS has been the subject of several analyst reports. Evercore boosted their target price on shares of United Parcel Service from $94.00 to $113.00 and gave the company an “in-line” rating in a research report on Wednesday, January 21st. UBS Group boosted their price objective on shares of United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Sanford C. Bernstein lifted their price target on United Parcel Service from $122.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. TD Cowen upped their price objective on United Parcel Service from $101.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. Finally, BMO Capital Markets lifted their target price on United Parcel Service from $105.00 to $110.00 and gave the company a “market perform” rating in a research report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $113.67.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total value of $2,655,236.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.13% of the stock is owned by corporate insiders.

About United Parcel Service

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.