United Parcel Service, Inc. $UPS Shares Sold by Integrity Advisory Solutions LLC

Integrity Advisory Solutions LLC reduced its stake in United Parcel Service, Inc. (NYSE:UPS) by 83.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,306 shares of the transportation company’s stock after selling 68,917 shares during the period. Integrity Advisory Solutions LLC’s holdings in United Parcel Service were worth $1,320,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UPS. Westbourne Investments Inc. boosted its stake in shares of United Parcel Service by 1.2% during the 4th quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company’s stock worth $781,000 after acquiring an additional 91 shares in the last quarter. Webster Bank N. A. boosted its position in shares of United Parcel Service by 16.7% in the 4th quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock worth $69,000 after buying an additional 100 shares in the last quarter. Peoples Financial Services CORP. boosted its position in shares of United Parcel Service by 2.5% in the 4th quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock worth $400,000 after buying an additional 100 shares in the last quarter. Argyle Capital Management LLC boosted its position in shares of United Parcel Service by 0.4% in the 4th quarter. Argyle Capital Management LLC now owns 27,505 shares of the transportation company’s stock worth $2,728,000 after buying an additional 100 shares in the last quarter. Finally, Spurstone Advisory Services LLC boosted its position in shares of United Parcel Service by 2.7% in the 4th quarter. Spurstone Advisory Services LLC now owns 3,742 shares of the transportation company’s stock worth $371,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Trading Up 1.0%

UPS opened at $102.01 on Wednesday. The firm has a market capitalization of $86.71 billion, a P/E ratio of 16.51, a P/E/G ratio of 1.61 and a beta of 1.06. The firm’s 50 day moving average is $100.50 and its 200-day moving average is $102.90. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter last year, the firm posted $1.49 earnings per share. The business’s quarterly revenue was down 1.4% on a year-over-year basis. Analysts expect that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, May 18th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Monday, May 18th. United Parcel Service’s payout ratio is 106.15%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. UBS Group reduced their target price on United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Jefferies Financial Group upped their target price on shares of United Parcel Service from $115.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft upped their target price on shares of United Parcel Service from $88.00 to $106.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. BMO Capital Markets increased their price target on United Parcel Service from $105.00 to $110.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 28th. Finally, TD Cowen increased their price target 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $111.50.

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.