Yousif Capital Management LLC Has $16.52 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Yousif Capital Management LLC lessened its holdings in United Parcel Service, Inc. (NYSE:UPS) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 105,091 shares of the transportation company’s stock after selling 3,774 shares during the quarter. Yousif Capital Management LLC’s holdings in United Parcel Service were worth $16,523,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. OFI Invest Asset Management bought a new position in shares of United Parcel Service in the 3rd quarter valued at $25,000. Tennessee Valley Asset Management Partners bought a new position in shares of United Parcel Service in the 4th quarter valued at $26,000. Life Planning Partners Inc bought a new position in shares of United Parcel Service in the 4th quarter valued at $28,000. Bourgeon Capital Management LLC bought a new position in shares of United Parcel Service in the 4th quarter valued at $31,000. Finally, VisionPoint Advisory Group LLC lifted its stake in shares of United Parcel Service by 69.5% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 98 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Price Performance

Shares of UPS traded up $3.49 during mid-day trading on Tuesday, reaching $148.85. 6,369,349 shares of the stock traded hands, compared to its average volume of 4,349,812. The firm has a fifty day moving average price of $149.52 and a 200 day moving average price of $151.06. The company has a market cap of $126.92 billion, a price-to-earnings ratio of 19.11, a price-to-earnings-growth ratio of 1.66 and a beta of 1.05. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.09. United Parcel Service, Inc. has a 1 year low of $133.68 and a 1 year high of $197.31.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.14). United Parcel Service had a return on equity of 39.46% and a net margin of 7.37%. The company had revenue of $21.70 billion during the quarter, compared to analysts’ expectations of $21.84 billion. During the same quarter last year, the firm posted $2.20 earnings per share. The firm’s revenue was down 5.3% on a year-over-year basis. As a group, equities research analysts predict that United Parcel Service, Inc. will post 8.2 earnings per share for the current year.

United Parcel Service Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were given a $1.63 dividend. The ex-dividend date was Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. This represents a $6.52 annualized dividend and a yield of 4.38%. United Parcel Service’s payout ratio is 83.70%.

Insider Buying and Selling

In other United Parcel Service news, Director Eva C. Boratto purchased 1,400 shares of the business’s stock in a transaction on Friday, February 2nd. The stock was acquired at an average cost of $142.30 per share, for a total transaction of $199,220.00. Following the completion of the transaction, the director now directly 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 link. 0.13% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Barclays lowered their target price on United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 31st. Morgan Stanley raised their target price on United Parcel Service from $95.00 to $100.00 and gave the stock an “underweight” rating in a research report on Wednesday, March 27th. Robert W. Baird raised United Parcel Service from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $165.00 to $170.00 in a research report on Friday, February 16th. Evercore ISI reaffirmed an “in-line” rating and set a $154.00 target price on shares of United Parcel Service in a research report on Wednesday, March 27th. Finally, Argus lowered United Parcel Service from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, United Parcel Service has an average rating of “Hold” and an average price target of $165.61.

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.