HHM Wealth Advisors LLC Purchases 220 Shares of United Parcel Service, Inc. (NYSE:UPS)

HHM Wealth Advisors LLC raised its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 20.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,313 shares of the transportation company’s stock after acquiring an additional 220 shares during the period. HHM Wealth Advisors LLC’s holdings in United Parcel Service were worth $206,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of UPS. OFI Invest Asset Management bought a new position in United Parcel Service during the third quarter valued at $25,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of United Parcel Service during the fourth quarter valued at $26,000. Life Planning Partners Inc purchased a new stake in shares of United Parcel Service during the fourth quarter valued at $28,000. Bourgeon Capital Management LLC purchased a new stake in shares of United Parcel Service during the fourth quarter valued at $31,000. Finally, VisionPoint Advisory Group LLC boosted its stake in shares of United Parcel Service by 69.5% during the third quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 98 shares during the period. Institutional investors own 60.26% of the company’s stock.

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 that occurred on Friday, February 2nd. The shares were bought at an average price of $142.30 per share, for a total transaction of $199,220.00. Following the acquisition, the director now owns 1,400 shares in the company, valued at $199,220. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is owned by corporate insiders.

United Parcel Service Stock Up 0.1 %

Shares of UPS traded up $0.20 during mid-day trading on Friday, hitting $147.59. 2,607,558 shares of the company traded hands, compared to its average volume of 3,897,331. United Parcel Service, Inc. has a 1-year low of $133.68 and a 1-year high of $192.98. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $125.84 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 1.69 and a beta of 1.05. The business has a 50 day moving average of $149.56 and a 200 day moving average of $150.93.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data 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 net margin of 6.60% and a return on equity of 37.42%. The firm had revenue of $21.70 billion for the quarter, compared to the consensus estimate of $21.84 billion. During the same quarter in the prior year, the company posted $2.20 earnings per share. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. Equities research analysts anticipate that United Parcel Service, Inc. will post 8.23 EPS for the current year.

United Parcel Service Increases Dividend

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on UPS shares. Susquehanna boosted their target price on shares of United Parcel Service from $150.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday. TD Cowen lowered their price objective on shares of United Parcel Service from $147.00 to $140.00 and set a “hold” rating for the company in a research note on Thursday, March 28th. Argus lowered shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Stifel Nicolaus lowered their price objective on shares of United Parcel Service from $178.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, March 28th. Finally, Redburn Atlantic raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research note on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $165.23.

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.