KPP Advisory Services LLC Sells 4,814 Shares of United Parcel Service, Inc. $UPS

KPP Advisory Services LLC lowered its position in United Parcel Service, Inc. (NYSE:UPS) by 45.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,838 shares of the transportation company’s stock after selling 4,814 shares during the quarter. KPP Advisory Services LLC’s holdings in United Parcel Service were worth $574,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. University of Texas Texas AM Investment Management Co. acquired a new stake in United Parcel Service in the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new position in United Parcel Service during the fourth quarter worth approximately $25,000. Coston McIsaac & Partners increased its position in United Parcel Service by 77.8% during the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after buying an additional 119 shares during the last quarter. Torren Management LLC acquired a new position in shares of United Parcel Service during the 4th quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in United Parcel Service during the fourth quarter worth $29,000. Institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. UBS Group reduced their price target on United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Citigroup upped their target price on United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings cut United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Susquehanna lifted their target price on United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Evercore reduced their price target on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $110.85.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $110.71 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.21 and a current ratio of 1.21. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The firm has a market cap of $94.11 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 1.74 and a beta of 1.05. The firm’s fifty day moving average is $104.80 and its 200-day moving average is $105.21.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The business had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.United Parcel Service’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.49 earnings per share. Sell-side analysts predict that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, May 18th were given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, May 18th. United Parcel Service’s dividend payout ratio (DPR) is 106.15%.

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.