United Parcel Service, Inc. $UPS Shares Acquired by SAM Advisors LLC

SAM Advisors LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 8.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,625 shares of the transportation company’s stock after purchasing an additional 2,098 shares during the period. United Parcel Service comprises 0.9% of SAM Advisors LLC’s portfolio, making the stock its 19th largest position. SAM Advisors LLC’s holdings in United Parcel Service were worth $2,587,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of United Parcel Service in the 2nd quarter valued at approximately $9,509,000. CapWealth Advisors LLC increased its stake in shares of United Parcel Service by 106.1% in the second quarter. CapWealth Advisors LLC now owns 197,039 shares of the transportation company’s stock worth $19,889,000 after buying an additional 101,448 shares during the last quarter. Kanawha Capital Management LLC increased its stake in shares of United Parcel Service by 10.6% in the second quarter. Kanawha Capital Management LLC now owns 5,726 shares of the transportation company’s stock worth $578,000 after buying an additional 550 shares during the last quarter. Carmel Capital Partners LLC raised its holdings in United Parcel Service by 15.1% in the second quarter. Carmel Capital Partners LLC now owns 18,802 shares of the transportation company’s stock valued at $1,898,000 after acquiring an additional 2,469 shares in the last quarter. Finally, VELA Investment Management LLC boosted its stake in United Parcel Service by 16.2% during the 2nd quarter. VELA Investment Management LLC now owns 3,301 shares of the transportation company’s stock valued at $333,000 after acquiring an additional 460 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at United Parcel Service

In other news, Director Christiana Smith Shi bought 500 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was purchased at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the transaction, the director owned 500 shares in the company, valued at approximately $44,085. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Carol B. Tome bought 11,682 shares of the firm’s stock in a transaction on Friday, August 1st. The stock was purchased at an average price of $85.67 per share, with a total value of $1,000,796.94. Following the transaction, the chief executive officer owned 24,718 shares in the company, valued at $2,117,591.06. The trade was a 89.61% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 17,182 shares of company stock valued at $1,477,382 in the last quarter. Insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $86.48 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.51. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $145.01. The firm has a 50-day simple moving average of $85.58 and a 200 day simple moving average of $93.46. The company has a market cap of $73.30 billion, a PE ratio of 12.87, a P/E/G ratio of 1.60 and a beta of 1.10.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, July 29th. The transportation company reported $1.55 earnings per share for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.01). United Parcel Service had a net margin of 6.34% and a return on equity of 39.61%. The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.90 billion. During the same period in the prior year, the company earned $1.79 EPS. United Parcel Service’s quarterly revenue was down 2.7% on a year-over-year basis. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s dividend payout ratio is currently 97.62%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UPS. Oppenheimer dropped their target price on shares of United Parcel Service from $114.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, July 30th. BNP Paribas upgraded shares of United Parcel Service to a “hold” rating in a research note on Thursday, July 3rd. Stifel Nicolaus cut their target price on shares of United Parcel Service from $124.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, July 30th. JPMorgan Chase & Co. cut their target price on shares of United Parcel Service from $96.00 to $85.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Finally, BNP Paribas Exane upgraded shares of United Parcel Service from an “underperform” rating to a “neutral” rating and set a $100.00 target price on the stock in a research note on Thursday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $109.31.

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.