Acropolis Investment Management LLC Has $700,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

Acropolis Investment Management LLC raised its position in United Parcel Service, Inc. (NYSE:UPSGet Rating) by 10.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,835 shares of the transportation company’s stock after purchasing an additional 354 shares during the quarter. Acropolis Investment Management LLC’s holdings in United Parcel Service were worth $700,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UPS. Gabelli Funds LLC raised its position in United Parcel Service by 0.5% in the fourth quarter. Gabelli Funds LLC now owns 11,100 shares of the transportation company’s stock valued at $2,379,000 after purchasing an additional 50 shares during the last quarter. Mutual Advisors LLC raised its position in shares of United Parcel Service by 10.8% during the fourth quarter. Mutual Advisors LLC now owns 9,076 shares of the transportation company’s stock worth $1,945,000 after acquiring an additional 883 shares during the last quarter. Pitcairn Co. raised its position in shares of United Parcel Service by 13.8% during the fourth quarter. Pitcairn Co. now owns 11,123 shares of the transportation company’s stock worth $2,384,000 after acquiring an additional 1,350 shares during the last quarter. ETF Managers Group LLC raised its position in shares of United Parcel Service by 5.0% during the fourth quarter. ETF Managers Group LLC now owns 4,047 shares of the transportation company’s stock worth $866,000 after acquiring an additional 192 shares during the last quarter. Finally, IHT Wealth Management LLC grew its stake in United Parcel Service by 6.3% during the fourth quarter. IHT Wealth Management LLC now owns 4,318 shares of the transportation company’s stock worth $925,000 after purchasing an additional 256 shares during the period. 59.60% of the stock is currently owned by institutional investors.

United Parcel Service Stock Down 2.5 %

UPS stock traded down $4.16 during midday trading on Friday, hitting $163.70. The company’s stock had a trading volume of 41,441 shares, compared to its average volume of 2,977,695. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.10. United Parcel Service, Inc. has a 52-week low of $165.34 and a 52-week high of $233.72. The firm has a market capitalization of $142.20 billion, a P/E ratio of 13.48, a PEG ratio of 1.53 and a beta of 1.07. The firm has a 50-day simple moving average of $193.65 and a 200-day simple moving average of $190.55.

United Parcel Service (NYSE:UPSGet Rating) last announced its quarterly earnings data on Tuesday, July 26th. The transportation company reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $3.14 by $0.15. United Parcel Service had a net margin of 10.92% and a return on equity of 76.43%. The business had revenue of $24.80 billion for the quarter, compared to analyst estimates of $24.59 billion. During the same period last year, the business earned $3.06 EPS. The company’s revenue was up 5.9% on a year-over-year basis. As a group, equities analysts forecast that United Parcel Service, Inc. will post 12.85 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Stockholders of record on Monday, August 15th were issued a $1.52 dividend. The ex-dividend date of this dividend was Friday, August 12th. This represents a $6.08 dividend on an annualized basis and a dividend yield of 3.71%. United Parcel Service’s payout ratio is 48.84%.

Analyst Ratings Changes

A number of analysts recently commented on the company. JPMorgan Chase & Co. set a $199.00 price target on United Parcel Service in a report on Wednesday, September 7th. UBS Group decreased their price objective on United Parcel Service from $226.00 to $221.00 and set a “buy” rating on the stock in a research note on Wednesday, July 27th. Stephens reduced their target price on United Parcel Service to $210.00 and set an “outperform” rating for the company in a research report on Wednesday, July 27th. Citigroup reduced their target price on United Parcel Service from $240.00 to $210.00 and set a “buy” rating for the company in a research report on Tuesday, July 19th. Finally, Berenberg Bank set a $200.00 target price on United Parcel Service in a research report on Wednesday, July 27th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $215.11.

Insider Activity

In related news, insider Kathleen M. Gutmann sold 21,307 shares of United Parcel Service stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $204.51, for a total transaction of $4,357,494.57. Following the sale, the insider now directly owns 102,591 shares in the company, valued at approximately $20,980,885.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other United Parcel Service news, CMO Kevin M. Warren sold 23,366 shares of United Parcel Service stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of $193.31, for a total transaction of $4,516,881.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kathleen M. Gutmann sold 21,307 shares of United Parcel Service stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $204.51, for a total transaction of $4,357,494.57. Following the transaction, the insider now owns 102,591 shares of the company’s stock, valued at approximately $20,980,885.41. The disclosure for this sale can be found here. Company insiders own 0.12% of the company’s stock.

About United Parcel Service

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United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. 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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