Lantz Financial LLC Sells 11,680 Shares of United Parcel Service, Inc. $UPS

Lantz Financial LLC cut its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 69.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,184 shares of the transportation company’s stock after selling 11,680 shares during the period. Lantz Financial LLC’s holdings in United Parcel Service were worth $514,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CFS Investment Advisory Services LLC boosted its holdings in United Parcel Service by 2.6% in the third quarter. CFS Investment Advisory Services LLC now owns 4,268 shares of the transportation company’s stock valued at $372,000 after acquiring an additional 108 shares in the last quarter. Center for Financial Planning Inc. raised its holdings in United Parcel Service by 4.6% in the 3rd quarter. Center for Financial Planning Inc. now owns 2,558 shares of the transportation company’s stock worth $214,000 after purchasing an additional 112 shares in the last quarter. Regal Investment Advisors LLC lifted its position in shares of United Parcel Service by 1.6% in the 3rd quarter. Regal Investment Advisors LLC now owns 7,129 shares of the transportation company’s stock worth $596,000 after purchasing an additional 114 shares during the period. Wealth Advisory Solutions LLC lifted its position in shares of United Parcel Service by 2.3% in the 3rd quarter. Wealth Advisory Solutions LLC now owns 5,163 shares of the transportation company’s stock worth $431,000 after purchasing an additional 118 shares during the period. Finally, Winch Advisory Services LLC boosted its stake in shares of United Parcel Service by 37.3% during the 3rd quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Price Performance

Shares of UPS opened at $94.85 on Tuesday. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The firm’s 50-day simple moving average is $107.93 and its two-hundred day simple moving average is $98.91. The stock has a market cap of $80.53 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 1.49 and a beta of 1.08. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.22 and a current ratio of 1.22.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The firm had revenue of $24.48 billion during the quarter, compared to analyst estimates of $23.91 billion. During the same period last year, the business earned $2.75 earnings per share. The business’s revenue was down 3.2% on a year-over-year basis. Analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were paid a dividend of $1.64 per share. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.9%. United Parcel Service’s payout ratio is presently 100.00%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Bank of America upgraded shares of United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price target on the stock in a research report on Friday, January 9th. Evercore lifted their price objective on 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. BNP Paribas Exane downgraded United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 target price on the stock. in a report on Tuesday, January 13th. Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. Finally, Citigroup dropped their price target on United Parcel Service from $126.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, United Parcel Service presently has a consensus rating of “Hold” and an average price target of $113.67.

Insider Buying and Selling

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total value of $2,655,236.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.19% of the company’s stock.

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.