Advisory Alpha LLC Has $3.67 Million Stake in United Parcel Service, Inc. $UPS

Advisory Alpha LLC lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 6.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 36,382 shares of the transportation company’s stock after acquiring an additional 2,238 shares during the quarter. Advisory Alpha LLC’s holdings in United Parcel Service were worth $3,672,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. SYM FINANCIAL Corp increased its position in shares of United Parcel Service by 50.1% in the second quarter. SYM FINANCIAL Corp now owns 3,302 shares of the transportation company’s stock valued at $333,000 after acquiring an additional 1,102 shares during the last quarter. AustralianSuper Pty Ltd acquired a new stake in shares of United Parcel Service in the second quarter valued at about $7,850,000. Signature Wealth Management Group increased its position in shares of United Parcel Service by 1.8% in the second quarter. Signature Wealth Management Group now owns 28,500 shares of the transportation company’s stock valued at $2,877,000 after acquiring an additional 514 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of United Parcel Service by 5.7% in the second quarter. Nisa Investment Advisors LLC now owns 168,392 shares of the transportation company’s stock valued at $16,997,000 after acquiring an additional 9,036 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its position in shares of United Parcel Service by 72.1% in the second quarter. Wealthfront Advisers LLC now owns 83,202 shares of the transportation company’s stock valued at $8,398,000 after acquiring an additional 34,851 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Trading Up 2.2%

Shares of NYSE:UPS opened at $89.12 on Tuesday. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $138.67. The stock has a market cap of $75.53 billion, a PE ratio of 13.26, a P/E/G ratio of 1.62 and a beta of 1.10. The business has a 50 day moving average of $85.58 and a 200-day moving average of $93.06. 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 (NYSE:UPS) last issued its quarterly earnings data on Tuesday, July 29th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.01). United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.The firm had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.90 billion. During the same quarter in the prior year, the firm earned $1.79 EPS. The company’s revenue was down 2.7% on a year-over-year basis. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Monday, August 18th. United Parcel Service’s payout ratio is currently 97.62%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Galvan Research lowered their target price on United Parcel Service from $126.00 to $124.00 and set a “buy” rating on the stock in a research report on Monday, June 30th. Susquehanna lowered their target price on United Parcel Service from $110.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 30th. JPMorgan Chase & Co. lowered their target price on United Parcel Service from $96.00 to $85.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. BNP Paribas Exane raised United Parcel Service from an “underperform” rating to a “neutral” rating and set a $100.00 price target on the stock in a research report on Thursday, July 3rd. Finally, Wolfe Research lowered their price target on United Parcel Service from $113.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fifteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, United Parcel Service has an average rating of “Hold” and a consensus target price of $109.31.

Insider Transactions at United Parcel Service

In other news, Director Christiana Smith Shi acquired 500 shares of United Parcel Service stock in a transaction dated Friday, August 22nd. The stock was bought at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the acquisition, the director directly owned 500 shares in the company, valued at approximately $44,085. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William R. Johnson purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, July 31st. The stock was bought at an average price of $86.50 per share, with a total value of $432,500.00. Following the completion of the purchase, the director owned 10,160 shares of the company’s stock, valued at $878,840. This trade represents a 96.90% increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 17,182 shares of company stock worth $1,477,382 over the last quarter. Company insiders own 0.13% of the company’s stock.

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.