Fiduciary Group LLC Has $391,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

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Fiduciary Group LLC increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.4% during the first quarter, Holdings Channel.com reports. The fund owned 4,182 shares of the transportation company’s stock after buying an additional 287 shares during the period. Fiduciary Group LLC’s holdings in United Parcel Service were worth $391,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Ledyard National Bank lifted its stake in shares of United Parcel Service by 3.3% in the fourth quarter. Ledyard National Bank now owns 3,172 shares of the transportation company’s stock worth $371,000 after acquiring an additional 100 shares during the period. Lakeview Capital Partners LLC lifted its stake in United Parcel Service by 0.4% in the fourth quarter. Lakeview Capital Partners LLC now owns 27,404 shares of the transportation company’s stock valued at $3,208,000 after buying an additional 102 shares during the period. King Wealth lifted its stake in United Parcel Service by 2.6% in the fourth quarter. King Wealth now owns 4,040 shares of the transportation company’s stock valued at $473,000 after buying an additional 102 shares during the period. Loomis Sayles & Co. L P lifted its stake in United Parcel Service by 9.5% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,172 shares of the transportation company’s stock valued at $137,000 after buying an additional 102 shares during the period. Finally, Foothills Asset Management Ltd. lifted its stake in United Parcel Service by 0.6% in the fourth quarter. Foothills Asset Management Ltd. now owns 16,594 shares of the transportation company’s stock valued at $1,942,000 after buying an additional 105 shares during the period. 56.64% of the stock is currently owned by institutional investors.

UPS has been the topic of several recent analyst reports. Cfra dropped their price target on United Parcel Service from $150.00 to $140.00 and set a “strong-buy” rating on the stock in a research note on Thursday, January 30th. Goldman Sachs Group reissued a “buy” rating and issued a $117.00 price target on shares of United Parcel Service in a research note on Tuesday, April 28th. CSFB dropped their price target on United Parcel Service from $105.00 to $101.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Standpoint Research raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Thursday, February 27th. Finally, JPMorgan Chase & Co. dropped their price target on United Parcel Service from $113.00 to $105.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $110.32.

United Parcel Service stock traded up $0.42 during trading on Friday, hitting $96.72. 2,396,741 shares of the company were exchanged, compared to its average volume of 4,781,095. The business’s 50 day moving average is $96.01 and its 200 day moving average is $106.78. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $125.31. The company has a market capitalization of $83.90 billion, a P/E ratio of 19.58, a PEG ratio of 2.37 and a beta of 0.82. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 8.06.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.23 by ($0.08). United Parcel Service had a return on equity of 152.81% and a net margin of 5.73%. The company had revenue of $18.04 billion for the quarter, compared to the consensus estimate of $17.17 billion. During the same quarter last year, the company posted $1.39 EPS. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts expect that United Parcel Service, Inc. will post 5.58 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Tuesday, May 26th will be issued a dividend of $1.01 per share. The ex-dividend date is Friday, May 22nd. This represents a $4.04 annualized dividend and a yield of 4.18%. United Parcel Service’s dividend payout ratio (DPR) is currently 53.65%.

United Parcel Service Company Profile

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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