PFA Pension Forsikringsaktieselskab Makes New Investment in United Parcel Service, Inc. $UPS

PFA Pension Forsikringsaktieselskab purchased a new position in United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 519,258 shares of the transportation company’s stock, valued at approximately $51,739,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Torren Management LLC purchased a new position in United Parcel Service in the 4th quarter worth approximately $29,000. Physician Wealth Advisors Inc. boosted its stake in shares of United Parcel Service by 76.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock valued at $31,000 after buying an additional 163 shares during the last quarter. Activest Wealth Management boosted its stake in shares of United Parcel Service by 144.3% during the 4th quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock valued at $40,000 after buying an additional 241 shares during the last quarter. Avion Wealth boosted its stake in shares of United Parcel Service by 284.1% during the 3rd quarter. Avion Wealth now owns 434 shares of the transportation company’s stock valued at $36,000 after buying an additional 321 shares during the last quarter. Finally, Optima Capital LLC purchased a new position in shares of United Parcel Service during the 4th quarter valued at approximately $44,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on UPS. BMO Capital Markets increased their target price on United Parcel Service from $105.00 to $110.00 and gave the company a “market perform” rating in a research note on Wednesday, January 28th. TD Cowen raised their price objective on United Parcel Service from $101.00 to $115.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. Wolfe Research reiterated a “peer perform” rating on shares of United Parcel Service in a research note on Thursday, January 8th. BNP Paribas Exane cut United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 target price on the stock. in a research note on Tuesday, January 13th. Finally, Weiss Ratings raised United Parcel Service from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $112.08.

United Parcel Service Price Performance

Shares of United Parcel Service stock opened at $107.60 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.22 and a debt-to-equity ratio of 1.50. The company’s 50-day moving average price is $103.46 and its two-hundred day moving average price is $101.79. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The stock has a market cap of $91.36 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 1.71 and a beta of 1.06.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The firm had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the previous year, the business earned $1.49 earnings per share. United Parcel Service’s revenue for the quarter was down 1.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

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.