United Parcel Service, Inc. (NYSE:UPS) Stock Position Lowered by Little House Capital LLC

Little House Capital LLC lessened its position in United Parcel Service, Inc. (NYSE:UPS) by 8.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,151 shares of the transportation company’s stock after selling 293 shares during the period. Little House Capital LLC’s holdings in United Parcel Service were worth $496,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tennessee Valley Asset Management Partners acquired a new position in shares of United Parcel Service in the 4th quarter worth $26,000. OFI Invest Asset Management acquired a new position in shares of United Parcel Service in the 3rd quarter worth $25,000. Life Planning Partners Inc acquired a new position in shares of United Parcel Service in the 4th quarter worth $28,000. Bourgeon Capital Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter worth $31,000. Finally, VisionPoint Advisory Group LLC grew its holdings 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 worth $37,000 after acquiring an additional 98 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Activity at United Parcel Service

In other news, Director Eva C. Boratto purchased 1,400 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were purchased at an average cost of $142.30 per share, for a total transaction of $199,220.00. Following the completion of the purchase, the director now directly owns 1,400 shares of the company’s stock, valued at approximately $199,220. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on UPS shares. Argus cut United Parcel Service from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Barclays decreased their target price on United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 31st. HSBC upgraded United Parcel Service from a “hold” rating to a “buy” rating and lifted their price target for the company from $150.00 to $170.00 in a report on Thursday. JPMorgan Chase & Co. lowered their price target on United Parcel Service from $154.00 to $150.00 and set a “neutral” rating on the stock in a report on Tuesday, April 9th. Finally, TD Cowen lowered their price target on United Parcel Service from $147.00 to $140.00 and set a “hold” rating on the stock in a report on Thursday, March 28th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $165.23.

United Parcel Service Stock Performance

UPS traded up $0.20 on Friday, hitting $147.59. 2,607,558 shares of the stock traded hands, compared to its average volume of 3,897,331. United Parcel Service, Inc. has a 52 week low of $133.68 and a 52 week high of $192.98. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $125.84 billion, a PE ratio of 21.39, a P/E/G ratio of 1.69 and a beta of 1.05. The business has a fifty day moving average price of $149.56 and a two-hundred day moving average price of $150.93.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.10. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The firm had revenue of $21.70 billion for the quarter, compared to analyst estimates of $21.84 billion. During the same period in the previous year, the company posted $2.20 earnings per share. The company’s quarterly revenue was down 5.3% compared to the same quarter last year. On average, research analysts predict that United Parcel Service, Inc. will post 8.23 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 4.42%. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date was Friday, February 16th. United Parcel Service’s payout ratio is currently 94.49%.

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.