Englebert Financial Advisers LLC Takes $664,000 Position in United Parcel Service, Inc. $UPS

Englebert Financial Advisers LLC bought a new stake in United Parcel Service, Inc. (NYSE:UPS) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,696 shares of the transportation company’s stock, valued at approximately $664,000.

A number of other institutional investors and hedge funds also recently modified their holdings of UPS. Manning & Napier Advisors LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at about $181,951,000. Vanguard Group Inc. raised its holdings in shares of United Parcel Service by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock valued at $6,794,160,000 after purchasing an additional 1,218,432 shares during the period. AQR Capital Management LLC raised its holdings in shares of United Parcel Service by 94.8% in the 2nd quarter. AQR Capital Management LLC now owns 2,300,081 shares of the transportation company’s stock valued at $231,388,000 after purchasing an additional 1,119,372 shares during the period. Invesco Ltd. raised its holdings in shares of United Parcel Service by 17.3% in the 3rd quarter. Invesco Ltd. now owns 6,724,265 shares of the transportation company’s stock valued at $561,678,000 after purchasing an additional 993,461 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in shares of United Parcel Service by 10.5% in the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock valued at $667,109,000 after purchasing an additional 761,217 shares during the period. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Performance

NYSE UPS opened at $100.03 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $84.93 billion, a price-to-earnings ratio of 16.19, a P/E/G ratio of 1.60 and a beta of 1.06. The firm’s 50 day simple moving average is $101.88 and its 200 day simple moving average is $102.40. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41.

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

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, May 18th will be given a dividend of $1.64 per share. The ex-dividend date is Monday, May 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.6%. United Parcel Service’s dividend payout ratio (DPR) is currently 106.15%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on UPS shares. Weiss Ratings cut shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday. HSBC raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, January 28th. UBS Group dropped their target price on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. TD Cowen increased their price target on shares of United Parcel Service from $101.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Finally, Citigroup increased their price target on shares of United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $111.87.

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.