United Parcel Service, Inc. (NYSE:UPS) Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 9.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,016 shares of the transportation company’s stock after selling 410 shares during the quarter. JFS Wealth Advisors LLC’s holdings in United Parcel Service were worth $442,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Garde Capital Inc. purchased a new stake in shares of United Parcel Service during the 1st quarter worth approximately $37,000. Clark Capital Management Group Inc. raised its stake in United Parcel Service by 14.4% during the 4th quarter. Clark Capital Management Group Inc. now owns 11,427 shares of the transportation company’s stock worth $1,441,000 after acquiring an additional 1,440 shares in the last quarter. Advisor Resource Council acquired a new stake in United Parcel Service during the 1st quarter worth $437,000. CWA Asset Management Group LLC lifted its position in United Parcel Service by 5.9% in the first quarter. CWA Asset Management Group LLC now owns 3,467 shares of the transportation company’s stock valued at $381,000 after acquiring an additional 193 shares during the last quarter. Finally, LaFleur & Godfrey LLC boosted its stake in United Parcel Service by 62.8% in the fourth quarter. LaFleur & Godfrey LLC now owns 6,225 shares of the transportation company’s stock valued at $785,000 after acquiring an additional 2,401 shares in the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

NYSE UPS opened at $100.43 on Tuesday. The stock has a market capitalization of $85.04 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 1.74 and a beta of 1.22. The business’s 50 day moving average is $97.81 and its two-hundred day moving average is $111.24. United Parcel Service, Inc. has a 12-month low of $90.55 and a 12-month high of $148.15. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.11. The firm had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.25 billion. United Parcel Service had a return on equity of 40.15% and a net margin of 6.44%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.43 earnings per share. Research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were paid a dividend of $1.64 per share. The ex-dividend date was Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.53%. United Parcel Service’s dividend payout ratio (DPR) is presently 95.63%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on UPS shares. Deutsche Bank Aktiengesellschaft started coverage on United Parcel Service in a research report on Friday, March 7th. They set a “hold” rating and a $119.00 target price on the stock. HSBC downgraded United Parcel Service from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a research note on Thursday, May 1st. Stifel Nicolaus decreased their price objective on United Parcel Service from $145.00 to $124.00 and set a “buy” rating for the company in a report on Wednesday, April 30th. Wall Street Zen lowered shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Wednesday, May 7th. Finally, BMO Capital Markets reduced their price target on shares of United Parcel Service from $130.00 to $125.00 and set an “outperform” rating for the company in a research report on Wednesday, April 30th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $120.26.

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.