Little House Capital LLC Sells 293 Shares of United Parcel Service, Inc. (NYSE:UPS)

Little House Capital LLC lessened its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. lifted its stake 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 purchasing an additional 64 shares during the last quarter. First Financial Corp IN increased its holdings in shares of United Parcel Service by 24.2% during the fourth quarter. First Financial Corp IN now owns 334 shares of the transportation company’s stock worth $53,000 after buying an additional 65 shares in the last quarter. Gleason Group Inc. increased its holdings in shares of United Parcel Service by 1.1% during the fourth quarter. Gleason Group Inc. now owns 6,351 shares of the transportation company’s stock worth $999,000 after buying an additional 66 shares in the last quarter. Advisors Capital Management LLC increased its holdings in shares of United Parcel Service by 0.5% during the third 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 in the last quarter. Finally, Dfpg Investments LLC increased its holdings in shares of United Parcel Service by 0.3% during the fourth quarter. Dfpg Investments LLC now owns 25,270 shares of the transportation company’s stock worth $3,981,000 after buying an additional 69 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Insider Transactions at United Parcel Service

In other United Parcel Service news, Director Eva C. Boratto purchased 1,400 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The shares were acquired at an average price of $142.30 per share, with a total value of $199,220.00. Following the transaction, the director now owns 1,400 shares in the company, valued at $199,220. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Oppenheimer upped their price target on shares of United Parcel Service from $153.00 to $157.00 and gave the stock an “outperform” rating in a report on Wednesday. Barclays lowered their price target on shares of United Parcel Service from $150.00 to $145.00 and set an “equal weight” rating for the company in a report on Wednesday, January 31st. Redburn Atlantic upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a report on Wednesday, April 3rd. Susquehanna increased their price objective on United Parcel Service from $150.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, UBS Group upgraded United Parcel Service from a “neutral” rating to a “buy” rating and increased their price objective for the company from $160.00 to $175.00 in a report on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, United Parcel Service presently has an average rating of “Hold” and an average target price of $165.23.

United Parcel Service Trading Up 0.1 %

UPS traded up $0.20 during trading on Friday, reaching $147.59. 2,607,558 shares of the stock traded hands, compared to its average volume of 3,897,331. The stock 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 stock’s 50-day moving average is $149.56 and its 200 day moving average is $150.93. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.11. United Parcel Service, Inc. has a 12 month low of $133.68 and a 12 month high of $192.98.

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

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Tuesday, February 20th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend was Friday, February 16th. This is a boost from United Parcel Service’s previous quarterly dividend of $1.62. United Parcel Service’s dividend payout ratio is 94.49%.

About United Parcel Service

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.