Tilt Investment Management Holdings PBC Has $475,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Tilt Investment Management Holdings PBC lowered its stake in United Parcel Service, Inc. (NYSE:UPS) by 22.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,021 shares of the transportation company’s stock after selling 859 shares during the quarter. Tilt Investment Management Holdings PBC’s holdings in United Parcel Service were worth $475,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aspire Private Capital LLC boosted its stake in United Parcel Service by 0.3% in the 1st quarter. Aspire Private Capital LLC now owns 18,392 shares of the transportation company’s stock worth $3,568,000 after purchasing an additional 60 shares during the period. Harbor Capital Advisors Inc. lifted its stake in United Parcel Service by 0.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company’s stock valued at $2,756,000 after acquiring an additional 64 shares during the last quarter. First Financial Corp IN grew its position in shares of United Parcel Service by 24.2% in the 4th quarter. First Financial Corp IN now owns 334 shares of the transportation company’s stock valued at $53,000 after acquiring an additional 65 shares during the period. Gleason Group Inc. increased its stake in shares of United Parcel Service by 1.1% during the 4th quarter. Gleason Group Inc. now owns 6,351 shares of the transportation company’s stock worth $999,000 after purchasing an additional 66 shares during the last quarter. Finally, Advisors Capital Management LLC raised its holdings in shares of United Parcel Service by 0.5% in the 3rd quarter. Advisors Capital Management LLC now owns 15,085 shares of the transportation company’s stock valued at $2,351,000 after purchasing an additional 69 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Stifel Nicolaus lowered their price target on United Parcel Service from $178.00 to $170.00 and set a “buy” rating on the stock in a research report on Thursday, March 28th. Daiwa Capital Markets cut shares of United Parcel Service from an “outperform” rating to a “neutral” rating and set a $155.00 target price for the company. in a research report on Tuesday, December 26th. BMO Capital Markets raised their price target on shares of United Parcel Service from $160.00 to $165.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of United Parcel Service from $183.00 to $179.00 and set a “buy” rating for the company in a research note on Thursday, March 28th. Finally, TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b-” rating in a research report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $165.61.

United Parcel Service Price Performance

UPS stock traded down $0.08 during trading on Thursday, reaching $142.17. 1,784,306 shares of the company were exchanged, compared to its average volume of 4,287,091. United Parcel Service, Inc. has a twelve month low of $133.68 and a twelve month high of $197.80. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market capitalization of $121.22 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 1.66 and a beta of 1.05. The company has a 50-day moving average of $149.65 and a two-hundred day moving average of $151.34.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, January 30th. The transportation company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.46 by $0.01. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The company had revenue of $24.92 billion during the quarter, compared to the consensus estimate of $25.40 billion. During the same period in the prior year, the business earned $3.62 earnings per share. The company’s revenue for the quarter was down 7.8% compared to the same quarter last year. As a group, equities analysts predict that United Parcel Service, Inc. will post 8.2 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Tuesday, February 20th were given a $1.63 dividend. The ex-dividend date was Friday, February 16th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.62. This represents a $6.52 annualized dividend and a yield of 4.59%. United Parcel Service’s dividend payout ratio (DPR) is currently 83.70%.

Insider Activity

In other United Parcel Service news, Director Eva C. Boratto purchased 1,400 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was purchased at an average cost of $142.30 per share, for a total transaction of $199,220.00. Following the transaction, the director now owns 1,400 shares in the company, valued at approximately $199,220. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

United Parcel Service Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.