Hyman Charles D Buys 315 Shares of United Parcel Service, Inc. (NYSE:UPS)

Hyman Charles D increased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.1% during the 4th quarter, Holdings Channel reports. The fund owned 6,535 shares of the transportation company’s stock after buying an additional 315 shares during the quarter. Hyman Charles D’s holdings in United Parcel Service were worth $1,027,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of UPS. Harbor Capital Advisors Inc. lifted its holdings in United Parcel Service by 0.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company’s stock worth $2,756,000 after acquiring an additional 64 shares in 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 purchasing an additional 65 shares during the period. Gleason Group Inc. increased its stake in 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 in the last quarter. Advisors Capital Management LLC raised its holdings in United Parcel Service by 0.5% during the 3rd quarter. Advisors Capital Management LLC now owns 15,085 shares of the transportation company’s stock worth $2,351,000 after buying an additional 69 shares during the period. Finally, Dfpg Investments LLC lifted its stake in United Parcel Service by 0.3% in the fourth quarter. Dfpg Investments LLC now owns 25,270 shares of the transportation company’s stock valued at $3,981,000 after buying an additional 69 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of research analyst reports. Evercore ISI restated an “in-line” rating and set a $154.00 price objective on shares of United Parcel Service in a report on Wednesday, March 27th. Bank of America upped their price objective on United Parcel Service from $157.00 to $160.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. Raymond James dropped their target price on United Parcel Service from $185.00 to $175.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, January 31st. Stifel Nicolaus reduced their price target on United Parcel Service from $178.00 to $170.00 and set a “buy” rating for the company in a research report on Thursday, March 28th. Finally, UBS Group upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $160.00 to $175.00 in a report on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and an average price target of $165.23.

United Parcel Service Stock Performance

Shares of UPS traded up $0.43 during mid-day trading on Tuesday, reaching $147.10. The company’s stock had a trading volume of 3,403,501 shares, compared to its average volume of 4,183,958. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11. United Parcel Service, Inc. has a 1-year low of $133.68 and a 1-year high of $192.98. The business has a 50-day simple moving average of $149.35 and a two-hundred day simple moving average of $150.53. The stock has a market cap of $125.42 billion, a P/E ratio of 21.32, a PEG ratio of 1.68 and a beta of 1.05.

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

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Monday, May 13th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date is Friday, May 10th. United Parcel Service’s dividend 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.